Property Ownership

Which statement provides the greatest assurance that you are getting fee simple ownership?

Who usually selects the administrator of an estate?

Which of these characteristics does NOT describe a fee simple estate?

The largest estate or ownership in real prop- erty is

The holder of which of the following would be a “nonfreeholder?”

Which of the following can the grantor of a life estate NOT do?

An owner sold a parcel of real estate to a buyer with the stipulation that the buyer was not allowed to sell alcohol from the prem- ises. The buyer sold the property 10 years later to a buyer who converted the build- ing into a convenience store that sold beer. Should the owner or owner’s heirs claim a right of re-entry, what would be the basis for the lawsuit?

The term fee used in connection with real property means

In a physical sense, real estate may be said to include everything EXCEPT

Riparian rights are those rights possessed by

A landowner who sells a one-acre farm must

A woman receives a gift of real property by will. The woman is called

The loss of one’s real estate by the gradual wearing away of soil through the operation of natural causes is

In Illinois, a mechanic's lien must be filed within how many months after the last date of work?

The term intestate MOST nearly means to die

Probate means an action to

The property of a person who dies intestate passes by

When a person dies testate, the real property

Which of the following words is NOT asso- ciated with the others in the group?

When a person dies testate, her real property will

Married couple purchasing condominium together in California. Which holding method ensures survivor immediately owns property in severalty upon spouse's death?

The property taxes for a condominium unit are paid by the:

County records show that Frank owns a property. Chad deeds that property to Melody. Chad’s deed is considered:

When a deed does NOT specify the estate being conveyed, it is presumed to transfer

In a deed, the clause that defines the nature of the estate being granted is the:

If Alycia deeds property to Bernice and her heirs, with the stipulation that if Bernice leaves no heirs the property will then go to Cynthia, then Cynthia now holds which type of estate?

A deed that contains no warranties is called a:

A life estate is an example of:

Which type of ownership allows multiple parties to own property with the right of survivorship?

What is the primary difference between real property and personal property?

The right of a property owner to use their property in any legal manner is known as:

Conrad wills the family estate to his first son Michael with the provision that if Michael were to divorce in the future, title will pass to Conrad’s second son, Bret. This is an example of a(n):

Title to an owner’s real estate can be trans- ferred at the death of the owner by

A widow who is willed the use of the family home for the rest of her natural life, with provision that title shall pass to the children upon her death, holds

A broker has an exclusive agency listing on a property. If the owner sells the property, the broker is entitled to:

A buyer of a single family residence (SFR) is entitled to certification for all of the following, except:

A man executed a will. After his death, the probate court declared the will invalid because it did not meet the state law require- ments. Who will receive title to the man’s real estate?