Question 1

A life tenant is treated as the owner of the property even after the duration of the life estate.

Accepted Answer

A life tenant is treated as the owner of the property only for the duration of their life. After their death, the property passes to the remainderman or reverts back to the grantor, depending on the terms of the life estate.

Question 2

A(n)________ is a type of freehold estate wherein the ownership is taken away upon the occurrence or nonoccurrence of a specified condition.

Accepted Answer

The answer of A(n)________ is a type of freehold estate...

Question 3

Certain personal property is so closely associated with real property that it becomes part of the realty.Such items are called ________.

Accepted Answer

The answer of Certain personal property is so closely associated...

Question 4

The person who is given a life estate is called the life tenant.

Accepted Answer

This is true. A life estate gives a person the right to possess and use a property during their lifetime, but they do not own the property outright. The person who holds this right is known as the life tenant.

Question 5

Which of the following provisions protects the interest of a joint tenancy upon the death of a joint tenant?
A)the quiet title action
B)the estate in land
C)the right of survivorship
D)the quitclaim deed

Accepted Answer

The right of survivorship is a provision that allows the interest of a joint tenant to automatically pass to the surviving joint tenant(s) upon the death of one tenant, effectively avoiding probate.

Question 6

Plant life and vegetation growing on the surface of land are considered personal property.

Accepted Answer

Plant life and vegetation growing on the surface of land are considered real property because they are attached to the land.

Question 7

When does a joint tenancy become a tenancy in common?
A)when a joint tenant sells his or her property
B)when a joint tenant dies
C)when two joint tenants swap their share in the tenancy
D)when two joint tenants are bound by a marital relationship

Accepted Answer

When a joint tenant sells his or her property, the unity of ownership is broken, converting the joint tenancy into a tenancy in common. Joint tenancy is characterized by the four unities (time, title, interest, and possession), and selling a share disrupts these unities.

Question 8

A fee simple owner has the right to exclusively possess and use his or her property to the extent that the owner has not transferred any interest in the property.

Accepted Answer

A fee simple owner has full ownership and control over their property and can possess and use it without interference from others, as long as they have not sold or transferred any interest in the property to someone else.

Question 9

A terminated life estate property reverts to the grantor or the grantor's estate or other designated person.

Accepted Answer

When a life estate terminates, the property goes back to the original grantor or their estate or any other person designated in the original grant.

Question 10

Subsurface rights cannot be sold separately from surface rights.

Accepted Answer

Subsurface rights and surface rights can be sold separately depending on the laws and regulations in each jurisdiction. In some cases, mineral rights or oil and gas rights can be severed from surface rights and sold or leased independently.

Question 11

A(n)________ estate is an estate in which the owner has a present possessory interest in the real property.

Accepted Answer

The answer of A(n)________ estate is an estate in which...

Question 12

Kate,Kelly,Rita,and Lucy own a large commercial building as joint tenants with a right of survivorship.Kate sells her one-quarter interest in the building to Bao.After the sale,Bao,Kelly,Rita,and Lucy are ________.
A)joint tenants,with a right of survivorship
B)tenants by the entirety,with no right of survivorship
C)tenants in common,with no right of survivorship
D)tenants by the entirety,with a right of survivorship

Accepted Answer

By selling her interest to Bao, Kate effectively ends the joint tenancy, creating a tenancy in common among the remaining owners (Bao, Kelly, Rita, and Lucy) with no right of survivorship.

Question 13

If a person owns real property in fee simple,his or her ownership is limited in duration.

Accepted Answer

Ownership in fee simple is considered the highest form of ownership and is not limited in duration. The owner has complete control and rights over the property, including the ability to sell or transfer it to others, and the property is passed on to their heirs upon their death.

Question 14

What is a life estate?

Accepted Answer

The answer of What is a life estate?...

Question 15

Karen,Kelsey,Rita,and Lizzi own a large commercial building as concurrent owners.They are tenants with the right to survivorship.Lizzi sells a quarter of her interest in the building to Stella.What kind of concurrent ownership exists between Karen,Kelsey,Rita,and Stella?
A)a tenancy in common
B)a tenancy by the entirety
C)a joint tenancy
D)a community property

Accepted Answer

When Lizzi sells a portion of her interest to Stella, the unity of title is broken, converting the joint tenancy into a tenancy in common for Stella's share, because all joint tenants must acquire their interest at the same time.

Question 16

A ________ is a form of co-ownership that includes the right of survivorship.
A)tenancy in common
B)joint tenancy
C)cooperative
D)tenancy by the entirety

Accepted Answer

Joint tenancy is a form of co-ownership where each owner has an undivided interest in the property with the right of survivorship. This means that if one owner passes away, their share automatically goes to the surviving owner(s) without going through probate. Tenancy in common (A) is also a form of co-ownership, but it does not include the right of survivorship. Cooperative (C) is a type of ownership in which a corporation owns the entire property, and tenants own shares in the corporation, rather than owning their individual units. Tenancy by the entirety (D) is a form of ownership that is only available to married couples and includes the right of survivorship.

Question 17

Kitchen cabinets in a building are considered fixtures.

Accepted Answer

Kitchen cabinets, once installed, become a permanent part of the building and therefore are considered fixtures.

Question 18

If a person owns real property in fee simple,his or her ownership has no limitation on inheritability.

Accepted Answer

Fee simple ownership means that the owner has complete control over the property and can transfer it by sale or gift during their lifetime or through inheritance upon their death without any limitations.

Question 19

Horace,Keith,and John own Rendezvous,a luxury dining restaurant,as joint tenants.After the death of Horace,Keith and John became the owners of Horace's interest in the property automatically.This feature of concurrent ownership is called ________.
A)a quiet title action
B)adverse possession
C)a nonconforming use
D)the right of survivorship

Accepted Answer

The right of survivorship is a feature of joint tenancy where upon the death of a joint tenant, their interest in the property automatically passes on to the surviving joint tenant(s). This means that Keith and John became the owners of Horace's interest in Rendezvous restaurant without the need for any legal action or agreement.

Question 20

Carmen,Westbrook,and Ashton are concurrent owners of a large commercial building.Ashton executes a will that leaves all his property to his son in the event of his death.But after Ashton passes away,his ownership interest in the building is acquired by the two remaining tenants of the building.Which of the following kinds of concurrent ownership would allow such a passage of title?
A)a tenancy by the entirety
B)a community property
C)a joint tenancy
D)a tenancy in common

Accepted Answer

In a joint tenancy, when one tenant passes away, their ownership interest automatically passes to the other joint tenant(s) by right of survivorship. Therefore, when Ashton passed away, his ownership interest transferred to the remaining tenants, Westbrook and Carmen, rather than to his son as stated in his will. This is different from a tenancy in common, where each owner's ownership interest can be left to a beneficiary through their will.

Quiz 25: Real Property and Land Use Regulation

A life tenant is treated as the owner of the property even after the duration of the life estate.

A(n)________ is a type of freehold estate wherein the ownership is taken away upon the occurrence or nonoccurrence of a specified condition.

Certain personal property is so closely associated with real property that it becomes part of the realty.Such items are called ________.

The person who is given a life estate is called the life tenant.

Which of the following provisions protects the interest of a joint tenancy upon the death of a joint tenant?

Plant life and vegetation growing on the surface of land are considered personal property.

When does a joint tenancy become a tenancy in common?

A fee simple owner has the right to exclusively possess and use his or her property to the extent that the owner has not transferred any interest in the property.

A terminated life estate property reverts to the grantor or the grantor's estate or other designated person.

Subsurface rights cannot be sold separately from surface rights.

A(n)________ estate is an estate in which the owner has a present possessory interest in the real property.

Kate,Kelly,Rita,and Lucy own a large commercial building as joint tenants with a right of survivorship.Kate sells her one-quarter interest in the building to Bao.After the sale,Bao,Kelly,Rita,and Lucy are ________.

If a person owns real property in fee simple,his or her ownership is limited in duration.

What is a life estate?

Karen,Kelsey,Rita,and Lizzi own a large commercial building as concurrent owners.They are tenants with the right to survivorship.Lizzi sells a quarter of her interest in the building to Stella.What kind of concurrent ownership exists between Karen,Kelsey,Rita,and Stella?

A ________ is a form of co-ownership that includes the right of survivorship.

Kitchen cabinets in a building are considered fixtures.

If a person owns real property in fee simple,his or her ownership has no limitation on inheritability.

Horace,Keith,and John own Rendezvous,a luxury dining restaurant,as joint tenants.After the death of Horace,Keith and John became the owners of Horace's interest in the property automatically.This feature of concurrent ownership is called ________.