Comprehensive Practice Test / Study
Guide Newest Actual Questions 7 Answers
(A+ Guide Solutions.
Quiz____?
All of the following are physical characteristics of land except:
A. Indestructibility
B. Uniqueness
C. Immobility
D. Scarcity -
Answer✓✓
D. Scarcity
Quiz____?
Under the doctrine of specific performance, the party harmed by breach of
a real estate contract can ask a judge to force the breaching party to carry
out the terms of the contract rather than order the breaching party to pay
monetary damages. Which physical characteristic of land is the basis for the
doctrine of specific performance?
A. Indestructibility
B. Uniqueness
C. Immobility
D. Permanence of Investment -
, Answer✓✓
2
B. Uniqueness
Quiz____?
Which of the following is considered to have the greatest impact on the
value of a property?
A. Area Preference
B. Permanence of Investment
C. Scarcity
D. Uniqueness -
Answer✓✓
A. Area Preference
Quiz____?
The concept by which land would increase automatically along a river or
stream is known as:
A. Accretion
B. Littoral Rights
C. Avulsion
D. Reliction -
Answer✓✓
A. Accretion
, Quiz____?
3
The owner of a house wants to fence the yard for a dog. When the fence is
erected, the fencing materials are converted to real estate by:
A. Severance
B. Annexation
C. Immobility
D. Indestructibility -
Answer✓✓
B. Annexation
Quiz____?
A deed conveyed ownership to a grantee "so long as the existing building on
the property is not destroyed." Following the transfer, the original grantor has
what type of interest?
A. Life Estate
B. ongoing ownership in the property that lasts as long as the condition
C. Fee Simple Estate
D. Reversionary Estate -
Answer✓✓
D. Reversionary Estate
Quiz____?
A woman conveys a life estate to her son-in-law and stipulates that upon his
death the estate will pass to her grandson. The grandson has an:
, A. Estate in Reversion
4
B. Estate in Remainder
C. Estate Pur Autre Vie
D. Estate for the life of another -
Answer✓✓
B. Estate in Remainder
Quiz____?
A person who acquired ownership that can be inherited, with the provision
"that the land must always be used for recreational purposes," has:
A. a fee simple absolute estate
B. a defeasible fee
C. a fee simple to a condition subsequent estate
D. an estate that cannot be sold -
Answer✓✓
B. a defeasible fee
Quiz____?
A brother and sister bought a commercial building and took title as joint
tenants with right of survivorship. The brother died. The sister now owns the
building:
A. as a joint tenant with right of survivorship with her brother's heirs
B. in severalty
C. as a tenant in common with her brother's heirs
D. as a life tenant with her brother's heirs having remainder interests -