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Chapter 49
Self-Study Quizzes
Multiple Choice
Multiple Choice
This activity contains 15 questions.
The concept of real property is concerned with _______ _______ to the property.
physical attributes
legal rights
owner's satisfaction
proper beautification
The most common form of real property is
mineral rights.
land.
easements.
crops.
Theoretically, mineral rights extend
to the center of the earth.
down from the surface 300 feet.
only outward on the surface of the land.
down from the surface 1,000 feet.
Kitchen cabinets, bathtubs and ceiling fans are _______, but wall hangings and furniture are _______ property.
personal, real
fixtures, personal
real, fixtures
owned, rented
Fee _______ is the highest form of ownership of real property because, it grants the owner the fullest bundle of legal rights.
adjudicated
paid
simple
qualified
A/n ________ estate is an interest in real property that lasts for the life of a specified person, usually the grantee.
reversion
remainder
freehold
life
The most distinguishing feature of a joint tenancy is the co-owners' right of
estate.
refusal.
commonality.
survivorship.
What kind of tenancy can be used only by married couples?
remainder
tenancy in common
joint tenancy
tenancy by the entirety
Which of the following is true about owners of condominiums?
They must renew their lease yearly.
They don't carry title to the property.
They own common areas as joint tenancy with other tenants.
They own common areas as tenants in common with other owners.
A period of ________ occurs after a tax sale, during which the taxpayer may redeem the property by paying the unpaid taxes and penalties.
abatement
redemption
accretion
sufferance
When a person wrongfully possesses someone else's real property, and obtains title to that property if certain statutory requirements are met, it is known as
hostile possession.
eminent domain.
adverse possession.
redemption period.
Recording the deed gives what kind of notice to the world of the owner's interest in the property?
destructive
constructive
abstract
adverse possession
The best way for a grantee to be sure that he or she has obtained marketable title is to purchase
title insurance.
rental agreements.
attorney's opinion.
Torrens documents.
A/n __________ is an interest in land that gives the holder the right to make limited use of another's property without taking anything from it.
license
cooperative
title
easement
Which of the following is NOT a type of nonpossessory interests?
easements convenient
easements appurtenant
easements in gross
license
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