Chapter 8 - Quiz Flashcards
A hurricane causes a large portion of a property’s waterfront to be washed away and deposited on neighboring land this is referred to as which of the following?
Avulsion
Erosion
Plottage
Dereliction
Avulsion -
Sudden and substantial tearing away of land by water with it being deposited as an addition to someone else’s land.
In the United States ownership of real property is referred to as which of these?
Allodial
Feudal
Archaic
Innocuous
Allodial
Which of the following is not included in The Bundle of Rights?
The Right to Abandon
The Right to Mortgage
The Right to Dedicate
The Right to Sell
The Right to Abandon
Real estate includes all of the following EXCEPT?
Personal Property
Mineral Rights
Air Rights
Permanent Fixtures
Personal Property
Personal Property - any property not designated as real property.
In what manner does a condominium owner own the common property around her unit?
Tenants in Common
Joint Tenancy
Severalty
Tenants in the entireties
Tenants in Common
What is deemed to be the best form of ownership? AFee Simple BLife Estate CEstate for Years DCaveat Emptor
Fee Simple
How are Trees and Perennial bushes defined? Fructus Naturales Emblements Crops Personal Property
Fructus Naturales
Fructus Naturales, literally Natural Fruits and are regarded as real property. Emblements are crops that will be removed at harvest time.
Fred and Cynthia are considering getting a divorce, they bought their home 10 years ago as Tenants by the Entireties. Can they still own the house together after the divorce?
Yes, but they will own the house as Tenants in Common.
Yes if they become Life Tenants
No they cannot change ownership because of a divorce
Yes under a Life Estate
Yes, but they will own the house as Tenants in Common.
What are CDD’s often regarded as?
Planned Unit Developments (PUDS) with mixed uses
Very Expensive Communities
Low Income Housing
Agricultural Land
Planned Unit Developments (PUDS) with mixed uses
Which of the following is NOT an Appurtenance?
A Strawberry Pot
A right
An Improvement
A Furnace
A Strawberry Pot