Maine Real Estate Exam Prep with Complete Solutions(Latest Update)

All of the following are real property EXCEPT - ANSWER-A Portable Basketball hoop A metes and bounds description of real property relies on - ANSWER-A point of beginning, measurement of distances, and directions on a compass Fee simple ownership describes - ANSWER-Current ownership A life estate interest describes - ANSWER-Future ownership Which of the following statements about Susan, the tenant of a life estate, is TRUE? - ANSWER-She may sell her interest to Phillip, who would then hold the life estate until Susan dies Which of the following is NOT and element of the bundle of rights an owner of property in fee simple absolute? - ANSWER-The right to start a foreclosure process One way that an easement in gross is extinguished is when - ANSWER-The party that benefits dies. One way that an appurtenant easement is extinguished when - ANSWER-The dominant and servient tenement merge Jill owns a house at 82 Willow Road. She has young children and wants to build a fence aroun