Fee simple determinable - Study guides, Class notes & Summaries

Fee Simple Estate - ANSWER An estate only limited by government; no other restrictions of ownership Fee Simple Estate - ANSWER also called indefeasible fee estate Freehold estates - ANSWER All fee estates are Qualified fee estate - ANSWER A fee estate that is subject to limitations other than gov't Qualified Fee estate - ANSWER also called fee simple estate Fee Simple Determinable - ANSWER Fee estate which will terminate if a condition stated in the deed comes into being or is te...

Real property interests include... - ️️an appurtenance that goes with the land. Examples: buildings, fences, trees, water rights, the ground below, mineral rights, air rights, easements What is a form of ownership that is restricted to husbands and wives? - ️️Tenancy by the entirety. Each owns the entire parcel. Neither can separately convey and interest during the other's life time. On the death of a spouse, the survivor owns the property Divorce would change this ownershi...

What are the types of fee simple estates? - correct answer Fee Simple Absolute Fee Simple Defeasable Fee Simple Absolute - correct answer The best type of ownership you can get. Fee Simple Defeasible - correct answer Subject to occurrences or non occurrences of specified time. Two types of fee simple defeasible? - correct answer Fee simple determinable 2 Condition subsequent Fee Simple Defeasible - correct answer Will include: so long as, while, during and includes the term rever...

Superior School of Real Estate Exam Problem Areas| Questions and Answers, 100% Verified| Updated 2024 Tenements all of the rights and interests that go with the land hereditaments land and all of the tenements that can be inherited appurtenance a right interest of privilege that goes with the land (item in the bundle) accretion a gradual process in which the boundary of riparian land is extended by natural forces reliction the permanent receding of the water which leaves the ground u...

Study Guide: WV Real Estate Exam with 100% Correct Answer What are the types of fee simple estates? *Ans* Fee Simple Absolute Fee Simple Defeasable Fee Simple Absolute *Ans* The best type of ownership you can get. Fee Simple Defeasible *Ans* Subject to occurrences or non occurrences of specified time. Two types of fee simple defeasible? *Ans* Fee simple determinable 2 Condition subsequent Fee Simple Defeasible *Ans* Will include: so long as, while, during and includes the term rev...

WV Real Estate Exam |Latest| Exam Study Set with 100% Correct Answers What are the types of fee simple estates? *Ans* Fee Simple Absolute Fee Simple Defeasable Fee Simple Absolute *Ans* The best type of ownership you can get. Fee Simple Defeasible *Ans* Subject to occurrences or non occurrences of specified time. Two types of fee simple defeasible? *Ans* Fee simple determinable 2 Condition subsequent Fee Simple Defeasible *Ans* Will include: so long as, while, during and includes th...

Utah Real Estate Test Exam 2023-2024 Questions and Answers 100% CorrectUtah Real Estate Test Exam 2023-2024 Questions and Answers 100% CorrectUtah Real Estate Test Exam 2023-2024 Questions and Answers 100% CorrectThe word "Ownership" means the same thing as the word A.Freehold B.Leasehold C.Possession D.Both A & C - ANSWERSD. Both A & C The highest interest in real estate recognized by law is: A.Fee Simple Defeasible B.Legal Life Estate C.Fee Simple Absolute D.Fee Simple Determinabl...

Real property interests include... - correct answer an appurtenance that goes with the land. Examples: buildings, fences, trees, water rights, the ground below, mineral rights, air rights, easements What is a form of ownership that is restricted to husbands and wives? - correct answer Tenancy by the entirety. Each owns the entire parcel. Neither can separately convey and interest during the other's life time. On the death of a spouse, the survivor owns the property Divorce would ch...

What are the types of fee simple estates? - Fee Simple Absolute Fee Simple Defeasable Fee Simple Absolute - The best type of ownership you can get. Fee Simple Defeasible - Subject to occurrences or non occurrences of specified time. Two types of fee simple defeasible? - Fee simple determinable 2 Condition subsequent Fee Simple Defeasible - Will include: so long as, while, during and includes the term reverter. Reverter - Former owner can take back land with no legal action if ...

An attorney told an owner that his form a ownership is an inheritable estate that is freely transferable, has an indefinite duration of ownership, and contains no conditions that place limitations on the title. The owner most likely on his property fee simple 1. absolute. 2. determinable. 3. condition subsequent. 4. defensible. - ️️2. determinable. (Fee simple absolute is freehold AND inheritable. Fee simple determinable (even though the determinable has a condition, the estate is free...