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REE 3043 Chapter 2 Test questions with answers
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REE 3043 Chapter 2 Test questions with answers
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REE 3043 Chapter 2 Test questions with answersWhich of these is a titled estate?
Fee simple absolute
Fee simple conditional
Conventional life estate
Legal life estate
All of these - ✔✔All of these
Which of these forms of co-ownership could best be described as "normal
ownership," except that multiple owners share identically in one bundle of rights?
Tenancy in common
Joint tenancy
Tenancy by the entirety
Condominium
Estate in severalty - ✔✔Tenancy in common
Every condominium buyer needs to know the details of which documentary?
Condominium declaration
Bylaws
Proprietary Lease
A and B, but not C
All thee: A, B, and C - ✔✔A and B, but not C
, While leasehold interests are considered estates, they differ from
freehold estates in all of the following respects except?
Leasehold estates are limited in time
The right of disposition is diminished with a leasehold estate
Leasehold estates are not titled interests
Leasehold estates are possessory interests - ✔✔Leasehold estates
are possessory interests
An easement is the right to use land for a specific and limited purpose. Which of
the following easements involves a relationship between two parcels of land, is a
permanent feature of both parcels involved, and gives the dominant parcel some
intrusive use of the servient parcel?
Affirmative easement appurtenant.
Negative easement appurtenant.
Easement in gross.
License - ✔✔Affirmative easement appurtenant
Which of these marriage related forms of co-ownership gives each spouse a one-
half interest in any property that is "fruits of the marriage?"
Dower
Curtesy
Community property
Elective share
Tenancy by the entirety - ✔✔Community Property
Which of these liens has the highest priority?
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