Superior School of Real Estate Exam Problem Areas with Verified Solutions 2024

Superior School of Real Estate Exam Problem Areas with Verified Solutions 2024 tenements - Answer -all of the rights and interests that go with the land hereditaments - Answer -land and all of the tenements that can be inherited appurtenance - Answer -a right interest of privilege that goes with the land (item in the bundle) accretion - Answer -a gradual process in which the boundary of riparian land is extended by natural forces reliction - Answer -the permanent receding of the water which leaves the ground under it dry and exposed erosion - Answer -a natural process in which the flow or movement of water gradually produces a loss of riparian land avulsion - Answer -a rapid or sudden change in riparian land, either loss or gain, resulting from violent natural causes eminent domain - Answer -the government's power to take private property for public use by paying the owner fair and just compensation condemnation - Answer -the taking of property under the power of eminent domain police power - Answer -the power a government has to enable it to fulfill its responsibility to provide for the health, safety, and welfare of the public fee simple absolute - Answer -provides the greatest form of ownership available in real property fee simple determinable - Answer -inheritable freehold estate in the form of a fee simple estate, however the title can be terminated by the grantor under certain conditions pur autre vie - Answer -measured by the lifetime of another person other than the person receiving the title life estate - Answer -noninheritable freehold estate created only for the life of the named life tenant (one who holds a life estate) alienation - Answer -the right that a life tenant has to transfer his/her title to another person or pledge the title as security for a debtestate for years - Answer -a nonfreehold estate for any fixed period of time and automatically terminates at the end of that period estate from year to year - Answer -a periodic nonfreehold estate that automatically renews at the end of its period if the parties do not provide otherwise estate at will - Answer -a nonfreehold estate for an indefinite time and may be terminated by either party instantaneously by giving notice to the other party estate at sufferance - Answer -not truly a nonfreehold estate, b