Quiz 4
Which of the following is an example of a leasehold estate? Estate at will periodic tenancy estate for years or all of the above
All of the above
This includes five or more units wearing the owner has a key simple interest in the air space, or four walls in which day live or occupy, plus common areas which are owned as a tenancy in common?
Condominium
Any disturbance of the tenants possessions of the lease premises by the landlord whereby the premises are orangutans it or unstable for the purpose for which they released is known as?
Constructive eviction
At least hold a state that may be terminated at the desire of either party is known as?
Estate at will
At least hold a state for any specific period of time is known as?
Estate for years
In a state which vest after the termination of the prior estate is known as?
Estate in remainder
A legal proceeding by LS your language to recover possession of real property is known as?
Eviction
Leases under one year must be in writing? True or false
False
In inheritable estate and providing the greatest interest of any form of title is known as?
Fee simple absolute
In the state that will end automatically when they stated even or condition occurs is known as?
Fee simple determinable
A person who receives title to real property by deed is known as the?
Grantee
A person who conveys title to real property by deed is known as the?
Grantor
One divided ownership of a property interest by two or more persons each of whom has a right to an equal share in the interest and right of survivorship is known as?
Joint tenancy
This is a contract whereby, for a consideration usually termed rent, one who is entitled to the possession of real property transfer such rights to another for life, for a term of years, or a will?
Lease
A nun freehold estate of limited duration, providing the right of possession and control but not title is referred to as a?
Leasehold estate
A person to home property is rented under a lease is referred to as the?
Lessee
A freehold estate created for the duration of the life or lives of certain name persons is known as?
Life estate
Title to real property held in the name of only one person is known as?
Ownership in severalty
At least it automatically renews for successful. Semester made about a party is also known as?
Periodic Tenancy
In ownership of realty by two or more persons, each of whom has an undivided interest, without the right of survivorship is known as?
Tenancy in common
Illegal application of one party to evict in as a result of civil run or injuries referred to as?
Tort liability
A condominium is considered real property? True or false
True
In a state for years is not automatically a new? True or false
True
Periodic tendency is also referred to as an estate from you to you? True or false
True
There are two primer types of the state, freehold of state and this word estates? True or false
True
The degree, quantity, nature and extent of interest that a person has in real and personal property is known as?
estate
Property or estate ownership that reverts back to the grantor after a temporary ownership period is known as...?
estate in reversion
Absolute ownership of real property is also known as
fee simple estate
One who rents property to another under a lease is referred to as?
lessor