Fee simple determinable - Study guides, Class notes & Summaries
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Texas Real Estate Principles 1 Practice Exam: Latest Updated A+ Guide: Questions & Answers
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Courses for the renewal of an active real estate broker or sales agent license are called 
(Ans- continuing education (CE) 
 
What is the maximum amount that the Commission will pay from the real estate recovery trust account for claims against any one license holder, until the account has been repaid in full by the license holder? 
 (Ans- $100,000 
 
Which is owned by the tenant? 
 (Ans- a trade fixture 
 
Which of the following terms refers not only to the surface of the earth but also below ...
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BAR EXAM QUESTIONS AND ANSWERS
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Fee Simple Absolute 
The maximum possible estate one can possess in real property, denoting the aggregate of all possible rights that a person may have in that parcel of land 
Language to convey fee simple absolute: Common law v. Modern law 
Common law: "to A and his heirs" 
 
Modern law: "to A" 
Defeasible Estate 
Estate that may terminate before its maximum duration has run. 
Types of Defeasible Estates 
(1) Fee Simple Determinable 
(2) Fee Simple Subject to Condition Subsequent 
(3) Fee S...
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WV Real Estate Exam Questions and Answers Already Passed
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WV Real Estate Exam Questions and 
 
Answers Already Passed 
 
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 ...
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Utah Real Estate Test Exam
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The word "Ownership" means the same thing as the word 
A.Freehold 
B.Leasehold 
C.Possession 
D.Both A & C - Answer- D. 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 Determinable - Answer- C.Fee Simple Absolute 
 
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 Determinable - Answer- C.Fee Simpl...
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Aceable principles 1 exam 2023 with 100% correct answers
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Life Estates - correct answer -level 13 chp 2 
 
The Four Main Types of Estates - correct answer -Freehold Estates 
Leasehold Estates 
Equitable Estates 
Concurrent Estates 
 
Freehold Estates - correct answer -Three Types of Freehold Estates 
Okay, so now you know what a freehold estate is. Let's break it down further into three categories: 
Fee simple absolute estate 
Defeasible fee estate (also called qualified fee or fee simple defeasible) 
Life Estate 
 
Fee Simple Estate/Fee Simple Absolu...
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WV Real Estate Exam questions with correct answers
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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 reverter. 
 
Re...
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Pearson Vue Exam Questions & Answers, 100% Accurate, rated A+
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Pearson Vue Exam Questions & Answers, 100% Accurate, rated A+ 
 
 
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 survivo...
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Barbri Practice Set Questions Bank MBE | 100% Correct Answers | Verified | Latest 2024 Version
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A fee simple owner of a restaurant provided in his will that the property should go on his death "in fee 
simple to my friend, but if during my friend's lifetime my son has children and those children are alive 
when my friend dies, then to said living children." When the owner died, the friend took over the 
restaurant. 
If the son has children and one or more of them are alive when the friend dies, who will take title to the 
restaurant at that time? 
A The friend's heirs, because the atte...
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WV Real Estate Exam Study Questions and Answers with Complete Verified Solutions Graded A 2024
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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 ...
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Rockwell Real Estate exam 2023 with 100% correct answers
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Freehold Estate - correct answer Is an interest in real property that has an indeterminable (not fixed or certain) referred to as a owner 
 
Fee Simple Estate - correct answer Is the greatest estate that can exist in land, the highest and most complete form of ownership. It is potentially infinite duration and represents the whole "bundle of rights" 
 
Estate of Inheritance - correct answer An estate that can pass to the holders heirs, especially a fee simple 
 
Defensible fee estate - ...
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