5 Written questions
5 Matching questions
- Color of Title
- Adverse Possession
- Life Estate
- a Method of acquiring ownership to real property by possession for a statutory time period.
- b Estate of real property the duration of which is measured by the life or lives of one or more persons.
- c The addition of possession periods by different adverse possessors.
- d The transfer of title of some of all of the ownership rights to real property from one person to another. A conveyance is usually by instrument such as a deed, lease, or mortgage.
- e A form of adverse possession where the original possession of the property by a prescriber is based upon a written instrument such as a deed or a court decree.
5 Multiple choice questions
- Estate of real property with infinite duration and no restrictions on use. Highest and best kind of estate an owner can have.
- Action or nonaction that causes a loss of value to real property.
- Inheritance, Devise, Gift, Sale and Adverse Possession
- Land and those things that are more or less permanently attached to the land, such as homes, office buildings and trees.
- Ownership in real property that is limited to expire automatically on the happening or nonhappening of an event that is stated in the deed of conveyance or the will creating the estate.
5 True/False questions
Personal Property → Sometimes referred to as "chattels" or "goods." May include living objects, such as animals, and inanimate objects.
Types of Modern Day Estates in Real Property → Inheritance, Devise, Gift, Sale and Adverse Possession
Deed → Written document that transfers ownership of real property from one person to another.
Estate at Will → Estate of real property the duration of which is for n indefinite period. An estate at will can be terminated at the will of the parties.
Intangible Personal Property → Property that has a physical substance- something you can hold, see or hear.