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PSI PA REAL ESTATE EXAM Complete Questions & Solutions(RATED A)

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Severance - ANSWER the performance of turning real property into personal property What is the main difference between tendency in common and joint tendency is that with tendency in common, when a co-owner dies? - ANSWER the undivided interest passes to his heirs A tenant rented an apartment signing a 15 month lease. After the lease expired, the tenant paid 1 month's rent and got a receipt. What kind of leasehold does this tenant have? - ANSWER Tenancy at will Although states make specific laws governing water rights and the rights in land that borders water, most states generally follow one of two basic doctrines regarding water rights. Either riparian and littoral rights are automatically conveyed with property, or all water rights are controlled by the state under the doctrine of? - ANSWER prior appropriation Legal description using the government survey


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