Real Estate U NYS - Chapter 3A: Activity 1 and 2

A property owner's rights to the water and other substances below the surface of the land is known as: A. Subsurface Rights B. Air Rights C. Riparian Rights D. Chattel E. Fixture

A. Subsurface Rights

An estate which the tenant holds his own right, without being joined in interest with any other person is known as: A. Estate in Severalty B. Tenancy in Common C. Joint Tenancy D. Tenancy by the Entirety

A: Estate in Severalty

The right for a property owner to use space above the surface of their land is known as: A. Subsurface Rights B. Air Rights C. Riparian Rights D. Chattel E. Fixture

B. Air Rights

An ownership of realty by two or more persons, each of whom has an undivided interest, without the "right of survivorship" is known as: A. Estate in Severalty B. Tenancy in Common C. Joint Tenancy D. Tenancy by the Entirety

B. Tenancy in Common

Ownership of realty by two or more persons, each of whom has an undivided interest with the "right of survivorship" is known as: A. Estate in Severalty B. Tenancy in Common C. Joint Tenancy D. Tenancy by the Entirety

C. Joint Tenancy

The right of a property owner whose land borders a natural water course, such as a river, to reasonable use and enjoyment of the water that flows past the property is known as: A. Subsurface Rights B. Air Rights C. Riparian Rights D. Chattel E. Fixture

C. Riparian Rights

Personal property, or anything not considered real property is known as: A. Subsurface Rights B. Air Rights C. Riparian Rights D. Chattel E. Fixture

D. Chattel

Ownership of real property by a married couple in which interests cannot be transferred without the consent of the other spouse is known as: A. Estate in Severalty B. Tenancy in Common C. Joint Tenancy D. Tenancy by the Entirety

D. Tenancy by the Entirety

Personal property so attached to the land or improvements as to become part of the real property is known as: A. Subsurface Rights B. Air Rights C. Riparian Rights D. Chattel E. Fixture

E. Fixture