VIII Estates.txt

Card Set Information

Author:
derekinaz
ID:
161457
Filename:
VIII Estates.txt
Updated:
2012-07-27 00:15:00
Tags:
AZ Real Estate
Folders:

Description:
AZ Real Estate
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  1. A leasehold estate is:

    A. right of possession for a definite period of time
    B. having a limited property ownership
    C. holding your friend's lease for security
    D. owning a small acreage
    A. right of possession for a definite period of time
    (this multiple choice question has been scrambled)
  2. Fee simple estates are:

    A. Not inheritable
    B. Based on remainder interest
    C. For a limited duration
    D. Highest ownership allowed by law
    D. Highest ownership allowed by law
    (this multiple choice question has been scrambled)
  3. The owner of a property with a condition subsequence has:

    A. a life estate
    B. an estate at sufferance
    C. a remainder estate
    D. a defeasible estate
    D. defeasible estate
    (this multiple choice question has been scrambled)

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