Unit quiz 4 Flashcards
A person who has complete control of a parcel of real estate is said to own a
A)defeasible fee estate.
B)leasehold estate.
C)life estate.
D)fee simple estate.
D)fee simple estate.
A property owner dies without a will or lawful heirs. By what process does the property revert back to the government?
A)easement
B)lis pendens
C)escheat
D)prescription
C ) escheat
Which of the following is NOT an example of governmental power?
A)Eminent domain
B)Remainder
C)Taxation
D)Police power
B)Remainder
The four governmental powers that limit private rights to ownership of land are represented by
the acronym PETE (police power, eminent domain, taxation, and escheat).
A landowner has divided much of his land into smaller parcels and has recently sold a tract near a nature preserve that is landlocked and cannot be entered except through one of the other tracts. The buyer of that property will probably be granted what type of easement by court action?
A)Easement by condemnation
B)Easement in gross
C)Easement by necessity
D)Easement by prescription
C)Easement by necessity
A license is an example of a(n)
A)easement appurtenant.
B)restriction.
C)personal privilege.
D)encroachment.
C)personal privilege.
a personal, revocable right of use
license
It is temporary in that it can be withdrawn at will by the one who issued it.
An owner has a fence on his property. By mistake, the fence extends one foot over the lot line onto a neighbor’s property. The fence is an example of a(n)
A)easement by necessity.
B)encroachment.
C)easement by prescription.
D)license.
B)encroachment.
A woman owned the fee simple title to a vacant lot adjacent to a hospital and was persuaded to make a gift of the lot. She wanted to have some control over its use, so her attorney prepared her a deed to convey ownership of the lot to the hospital “so long as it is used for hospital purposes.” After completion of the gift, the hospital will own a
A)license.
B)fee simple determinable.
C)fee simple absolute estate.
D)leasehold estate.
B)fee simple determinable.
Language such as so long as or while characterize this estate
The hospital’s ownership of the lot would come to an end if the property were to be no longer used for hospital purposes, and the lot would immediately become the property of the woman or her heirs.
Government powers include police power, eminent domain, taxation, and
Escheat
A tenant who rents an apartment from the owner of the property holds
A)a leasehold interest.
B)a license.
C)an easement.
D)a freehold interest.
A)a leasehold interest.
The leasehold interest held by a tenant is not revocable like a license and lasts for
a fixed period
A leasehold is less than a life estate and so is not a
Freehold
unlike an easement, a leasehold gives its holder
the right to possess the land.
A property owner who has the legal right to use a neighbor’s land holds a(n)
A)encroachment.
B)easement.
C)police power.
D)estate in land.
B) easement
An easement is a right of use or passage, not of ownership—nor is it is an example of encroachment or the exercise of police power.
