Lesson 3 Flashcards
A freehold estate that automatically reverts back to the grantors or their heirs if a condition is violated is
Fee Simple Determinable.
A woman’s life estate in property owned by her deceased husband at the time of his death is
Dower
A home owner may be allowed certain protection from judgments of creditors as a result of the state’s
homestead rights.
An interest in land which enables the owner to impose restrictions on its future use is a (an)
Life Estate
An owner conveys ownership of her residence to her church but reserves for herself a life estate in the residence. The future interest held by the church is a
Remainder
The highest type of estate is known as:
Fee Simple
To ensure that two individuals owned property equally, you would specify
A concurrent Estate
An easement is most commonly terminated by
Quitclaim deed
An easement appurtenant
Runs with the Land
The person who has an easement running across her land for the benefit of her neighbor is
Servient Tenement
The party that has the right to cross his adjoining neighbor’s property is
Dominant Tenement
Mr. Blackbird’s four dogs, kept in his back yard, barked all night disturbing his neighbor’s sleep. This is a (an)
Private nuisance
Vineyard Propane Co. has a gas line running under Rich’s property. Vineyard Propane Co. has:
An easement in gross in a servient estate
The purpose of homestead is to
Protect a person’s equity in her home
Joe has the deeded right to cross Bill’s land to reach a pond. This is an example of:
An Easement
