Reca commercial unit3 - Study guides, Class notes & Summaries
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RECA Commercial Unit3 Questions And Verified Correct Answers
- Exam (elaborations) • 28 pages • 2024
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RECA Commercial Unit3 Questions 
And Verified Correct Answers 
What does Fee Simple mean? - ANSWER 'Fee' means the land can be 
inherited and 'simple' means the inheritance is unqualified as to who can 
inherit it. 
Bundle of rights include (x4) - ANSWER Possession (to occupy and keep 
out others) 
Control (to alter the property physically) 
Enjoyment (no interference from others) 
Disposition (to convey all or part to another) 
leased fee or leased fee estate - ANSWER A fee simple estat...
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RECA Commercial Unit3 UPDATED Exam Questions and CORRECT Answers
- Exam (elaborations) • 28 pages • 2024
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- $7.99
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What does Fee Simple mean? 'Fee' means the land can be inherited and 'simple' 
means the inheritance is unqualified as to who can inherit it. 
Bundle of rights include (x4) Possession (to occupy and keep out others) 
Control (to alter the property physically) 
Enjoyment (no interference from others) 
Disposition (to convey all or part to another) 
leased fee or leased fee estate A fee simple estate that is subject to a lease is referred 
to as a leased fee or leased fee estate.
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RECA Commercial Unit3 Complete Guide With Detailed Answers | A+ Guaranteed|/2024.
- Exam (elaborations) • 28 pages • 2024
-
Available in package deal
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- $16.69
- + learn more
What does Fee Simple mean? - correct answer 'Fee' means the land can be inherited and 'simple' means the inheritance is unqualified as to who can inherit it. 
 
Bundle of rights include (x4) - correct answer Possession (to occupy and keep out others) 
Control (to alter the property physically) 
Enjoyment (no interference from others) 
Disposition (to convey all or part to another) 
 
leased fee or leased fee estate - correct answer A fee simple estate that is subject to a leas...
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