The earth's surface extending downward to the center of the earth and upward into space,
including all things permanently attached, is known as:
A) Real Property
B) Real Estate
C) Land
D) A bundle of legal rights D) A bundle of legal rights
Moveable objects, which are not considered real estate, are known as:
A) Real property
B) Personal property
C) Fixtures
D) Emblements B) Personal Property
The permanent right to use another's land for the benefit of a neighboring parcel is known as:
A) An easement in gross
B) An appurtenant easement
C) An easement by necessity
D) A license B) An appurtenant easement
The ownership of property by one person only is known as:
A) severalty
B) joint tenancy
C) tenancy in common
D) tenancy by entiretyA) Severalty
A condensed history of a title to a particular piece of real estate, including a summary of the
original grant, and all subsequent conveyances and encumbrances affecting the property, is
known as the:
A) abstract of title
B) evidence of title
C) certificate of title
D) chain of title A) Abstract of title
The illegal practice of inducing homeowners to sell their properties by making representations
about the prospective entry of persons of a certain race/national origin into the neighborhood is
also called:
A) redlining
B) blockbusting
C) commingling
Category | exam bundles |
Comments | 0 |
Rating | |
Sales | 0 |