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Mineral rights associated with real property are always
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separable and divisible
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Sarahstefani94
Terms in this set (40)
Mineral rights associated with real property are always
separable and divisible
A parcel occupies the Northwest 1/4 of the South East 1/4 in the south 1/2 of the Southwest 1/4 of the North East 1/4 of section 4. How many acres is this parcel?
60
An example of a freehold inheritable estate is
Free simple defeasible estate
A real estate agent list Harold's home which he owned as a life estate Harold's children hold the remainder interest. Which of the following is true
Anyone who buys herald life estate receives only the interest held by Harold
A life estate will last until
The death of the recipient
Jack receives a life estate and a property for the life of Larry. When Larry dies, the property passes to Mary, rather than the grantor or the grantors heirs this is a
Life estate pur autre vie, in remainder
And receive a life estate and a property with his nephew will designated as the remainder man. When Ben dies, what kind of interest as will receive
Free simple estate
Maria has a lease that begins on June 1 and ends on December 1 is that same year Maria has a
Term tenancy
A three year old lease ends. The tenant is allowed by the landlord to stay on and to continue to pay rent on a month-to-month basis this would be a
Periodic tenancy
A corporation tax title to real property through an
Estate in severalty
