Test Unit 3 Flashcards
Can you take a property by eminent domain the government must show that
The property will be used for the public good
The grand tour of a life estate names a third-party to receive the title when the life tenant dies, what will the third-party hold?
A reminder estate
And interest in real estate that does not include the right to possess is considered
An encumbrance
Any interest in real estate that includes the right to possess is considered
An estate in land
Which of the following actions as an expression of the public interest known as police power
Passage of zoning ordinances to control land-use
What is a tenant dies, the life estate portion reverts back to whom
Grantor
An actor rented a house from May 15 to August 5 while she was working on location, what kind of a estate does she possess?
Estate for years
How does a legal wife State differ from a conventional life estate
Illegal life estate is created by statute wow the conventional life estate is created by a grant
A lease agreement was signed for eight months by the lessor and the leasee, what kind of lease is this
Estate for years
The Distinguishing feature of a leasehold estate is
Duration limited by a lease term
Encumbrances are examples of
Private interest
An estate at will
Terminates on the death of lessor or lesser
Interstate from period to period Will continue as long as
The tenant makes and landlord except regular rent payments
If the duration of an owners rights in the state cannot be determined the owner possesses
A freehold estate
Which is not one of the four main types of leasehold estate
Estate in holding
