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NCEES PS Exam Questions With Correct Answers
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NCEES PS Exam Questions With Correct Answers
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NCEES PS Exam Questions With CorrectAnswers
The cgeneral cpresumption cis cthat cthe crights cyou cacquire cin can cestate cextend cfrom
cthe ccenter cof cthe cearth cto cthe cheavens cabove. cHowever, cthe cowner cmay chold
cthat centire cbundle cor cnot. cOne ccan conly cconvey cthe cquantity cand cquality cof
cinterest cthey chave. c- ccorrect canswers✔✔Bundle cof cRights
Real cproperty c- ccorrect canswers✔✔Real cproperty cis cfixed cand cimmovable
Personal cProperty c- ccorrect canswers✔✔Personal cproperty cis cconsumable
Fee cSimple cAbsolute c- ccorrect canswers✔✔an cestate cin cland cthat cprovides cthe
cowner cwith ca ccomplete cset cof clegal crights, climited conly cby cthe cpowers cof
cgovernment
Fee c- ccorrect canswers✔✔an cestate cthat ccan cinherited cor cdivested cby cwill cor cother
cdocument
Simple c- ccorrect canswers✔✔not cfee ctail c(a cfee ctail cestate cmust cbe cinherited cby ca
cspecific cperson)
Absolute c- ccorrect canswers✔✔no climitations con ctime, cestate ccan ccontinue cforever
Defeasible cfee csimple cestate c- ccorrect canswers✔✔a cfuture cevent cmust cbe cmet cfor
cthe cestate cto ccontinue. cThere care cconditions con cthe cestate
Life cEstates c- ccorrect canswers✔✔Ownership, cpossession cand ccontrol cfor
csomeone's clifetime
Estate cper cAutrie cVie c- ccorrect canswers✔✔Measured clife cis cother cthan cthat cof cthe
cholder:
"to cJones cfor cthe clife cof cBrown cand cthen cto cSmith cin cfee csimple"
Easements c- ccorrect canswers✔✔an cinterest cthat cone cmay chave cin cthe clands cof
canother
Affirmative cEasements c- ccorrect canswers✔✔Allows cthe cdominant cestate c(the cone
cthe ceasement cbenefits) cto cdo csome cphysical cact cover cthe cservient cestate c(where
cthe ceasement cis clocated).
Negative cEasements c- ccorrect canswers✔✔the cdominant cestate ccan cprevent cthe
cservient cestate cfrom cdoing csomething ce.g. cscenic cviews
, Appurtenant cEasements c- ccorrect canswers✔✔"run cwith cthe cland" cand care cnot
cterminated cby cthe csale cof ceither cthe cservient cor cdominant ctenement
Easements cin cGross c- ccorrect canswers✔✔attaches cto ca cperson
Easements cby cestoppel c- ccorrect canswers✔✔If ca cperson's cactions cled csomeone cto
cbelieve cthey chad can ceasement cthey cwould cbe cestopped cfrom cdenting cthe cuse
Similar cto cadverse cpossession. cThe cuse cis
1. cAdverse cuse cwithout cpermission
2. cOpen cand cnotorious
3. cContinuous
4. cFor ca cspecific cpurpose
5. cLasts cfor cthe cstatutory cperiod c- ccorrect canswers✔✔Prescriptive cEasements
Covenant c- ccorrect canswers✔✔is can cagreement cbetween centities cto crestrict cuse.
cUsually cwithin cthe csame csubdivision cor ccomplex
Torrens cTitle cSystem c- ccorrect canswers✔✔Areas cthat cuse: cChicago, cMass cand
cMinn.
The cowner cof cthe ctitle cis cregistered cthrough cthe cland ccourt.Title ccannot cbe
cacquired cthrough cprescription.
1. cActual cpossession
2. cOpen cPossession
2a. cNotorious cPossession
4. cClaim cof ctitle
5. cContinuous cPossession
6. cHostile cPossession
7. cExclusive cPossession c- ccorrect canswers✔✔Elements cof cAdverse cRights
Color cof cTitle c- ccorrect canswers✔✔That cwhich cappears cto cbe cgood ctitle cbut cwhich
cis cnot ctitle cin cfact.
Feoffment c- ccorrect canswers✔✔requires cdelivery cof cpossession.
Livery cSeisin c- ccorrect canswers✔✔in cfront cof ca cwitness csome csymbolic citem cof cthe
cland cis cdelivered
Deed c- ccorrect canswers✔✔is ca cconveyance cof crealty cwhereby ctitle cto creal cproperty
cis ctransferred cfrom cone cparty cto canother. cIt cis cthe cinstrument cby cwhich ctitle cis
cconveyed.
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