LP-3

Question 1

Feudal system

Answer 1

All land belongs to the sovereign or King

Question 2

Allodial system

Answer 2

The system we currently use. In the allodial system, ordinary citizens are allowed to own land, and they can own it absolutely rather than at the will of a lord or sovereign

Question 3

Estate

Answer 3

An interest in land that is where may become possessed. An estate may also be called a tenancy.

Question 4

Two categories of estates

Answer 4

Freehold estates

Leasehold estates

Question 5

Freehold estate

Answer 5

An interest in real property that has indeterminable duration. The holder such a state is usually referred to as the owner.

Question 6

Leasehold estate

Answer 6

The holder has a limited duration. The holder is called a tenant.

Question 7

Alienation

Answer 7

Process of transferring ownership of real property from one party to another

Question 8

Land patent

Answer 8

Title to land transferred from the government to a private party with a land patent