Unit 3 SQ

A recently married couple each owned a home before getting married. Now the homes are owned as:
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A recently married couple each owned a home before getting married. Now the homes are owned as:
separate property.
The four conditions required for a joint-tenancy are:
time, possession, title, interest
Individual Seller grants a deed that includes limitations that restrict the use of the property for Owner and all subsequent owners. This was a:
deed restriction
Before purchasing a property, Buyer required Seller to have the property surveyed. Buyer was trying to determine whether there were any:
encroachments
The owner of Parcel A has the benefit of a right-of-way easement across Parcel B. The owner of Parcel A holds which type of easement?
Appurtenant
Which of the following is NOT an ownership characteristic of real estate?
Performance

CHARACTERISTICS:
- exclusion
- use
- disposition
Which type of tenancy has a specific ending date?
For years
Developer has recorded a plat and subdivision deed restrictions. Developer created and filed the deed restrictions in order to:
protect the interests of those who purchase lots in the subdivision.
At the expiration of the lease period and before renegotiation of the lease, a tenant continued to occupy the apartment. The tenant's position is called:
a tenancy-at-sufferance.
The estate that features absolute and complete ownership is:
fee simple absolute estate.
The default form of ownership when a married couple purchases Florida real estate is tenancy:by the entireties.Two cousins are buying an apartment building. In order to protect the rights of inheritance of each of their families, the form of ownership should be:tenancy-in-commonIn selecting the form of ownership, two people would NOT consider:the amount of land they are purchasing. SHOULD: - consider their marital status. - the existence of a will. - the right of survivorship.Bob conveys to Bill "for the life of Jill." What kind of estate does Bill hold?Life estateThe term "estate" refers to:the rights held by someone who has a possessory interest in real estate.The year-end financial information from the previous year must be given to the buyers of:a condominium.Buyer purchased the back 40 acres from Seller. Shortly after purchasing, Buyer discovered that there was no public access to her property. Buyer's right to cross Seller's property is an easement:by necessity.Which is NOT a form of ownership:tenancy-at-will.As the result of a lawsuit, the court has decreed that Debtor is indebted to Creditor and fixes the amount of indebtedness. Creditor has a:judgment.A declaration would most likely be used in which type of property?Condominium