Delawarebreal estate Study guides, Class notes & Summaries
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DelawarebReal Estate
- Exam (elaborations) • 18 pages • 2024
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Real Estate Exam All Answers Correct 
A corporation is a legal entity (an artificial person); therefore, real estate owned by the corporation is 
owned in ️severalty 
A person who receives title to real property through a last will and testament is called a ️devisee 
Tom, Rick, and Harry own a house. When Rick dies, his heirs receive his share of the ownership interest. 
What type of co-ownership did Tom, Rick, and Harry have? ️tenancy in common 
Developer George purchased five acres...
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