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CT Real Estate Practice Study Exam Questions/Answers 2025/2026 Graded A+

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CT Real Estate Practice Study Exam Questions/Answers 2025/2026 Graded A+ Life Estate - An interest in real or personal property that is limited in duration to the lifetime of its owner or some other designated person or persons. Pur Autre Vie - "For the life of another." A life estate pur autre vie is a life estate that is measured by the life of a person other than the grantee Dower vs Curtesy - Dower -husbands life estate from deceased wife Curtesy -wife's life estate from deceased husband Homestead - a family home and its surrounding lands Lease vs Rental - Rental is <= 2 yrs, lease > 2 yrs What Areas of R.E. Specializat

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Uploaded on
February 5, 2025
Number of pages
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CT Real Estate Practice Study Exam Questions/Answers
2025/2026 Graded A+
Life Estate - An interest in real or personal property that is limited in
duration to the lifetime of its owner or some other designated person or
persons.

Pur Autre Vie - "For the life of another." A life estate pur autre vie is a life
estate that is measured by the life of a person other than the grantee

Dower vs Curtesy - Dower
-husbands life estate from deceased wife
Curtesy
-wife's life estate from deceased husband

Homestead - a family home and its surrounding lands

Lease vs Rental - Rental is <= 2 yrs, lease > 2 yrs

What Areas of R.E. Specialization need a License? - -Brokerage
-Broker
-Salesperson
-Property Manager
-Developer
-Appraiser
-Home Inspector

Encumbrances - A charge, claim, or liability that attaches to and is binding
on real estate
-unless cleared prior to sale, it continues in effect
-Types:
--Deed restrictions
--Easements
--Encroachments

Lien - A charge against property that provides security for a debt or an
obligation of the property owner.

Specific vs General Lien - specific - relates to specific property
general - relates to all of the debtors property

,Easement - right required by one party to use land of another for specific
purpose

Easement Appurtenant - Easement annexed to ownership & "run with the
land". An easement created to benefit adjacent land. Tract over which
easement runs is called servient tenement, tract that benefits is called
dominant tenement

Easement in Gross - mere personal interest or right to use land of another,
no dominant tenement, just servient
-i.e. utilities

Easement in Personal Gross - neighbors, well water, parked car... dies with
owner

Easement by necessity - An easement allowed by law as necessary for the
full enjoyment of a parcel of real estate. arises when there is no other
access to a property by a street or public way

encroachment - intrusion on a person's territory, rights, etc.

Lis Pendens - A recorded legal document giving constructive notice that an
action affecting a particular property has been filed in either a state or a
federal court.
-affecting title of property

Life tenant - interest in real property is time-ownership interest

Land Ownership - Air, water, surface, subsurface

Real Estate vs Real Property - Real estate is a term that refers to the
physical land, structures, and resources attached to it.

Real property includes the physical property of the real estate, but it
expands its definition to include a bundle of ownership and usage rights.

Real Property Benefits and Interests - -Disposition
-Enjoyment
-Exclusion

, -Possession
-Control

Title - Right and evidence of ownership
-legal title
--name only
-equitable title
--amount of $$ paid into property

Water Rights - Riparian
-granted to owners along a river, stream or moving body of water, own to
edge or center
-need permit for commercial use
Littoral
-rights to owners whose land borders commercially navigable lakes, seas,
and oceans, own to edge

Doctrine of Prior Appropriation - The right to use any water, with the
exception of limited domestic use, is controlled by the state rather than by
the landowner adjacent to the water.

Trade Fixture - An article installed by a tenant under the terms of a lease
and removable by the tenant before the lease expires.

Legal Descriptions of Land - -Rectangular Gov't Survey
-Meters & Bounds Survey System
-Lot & Block

Rectangular Gov't Survey - Meridians (north/south)
-Ranges
Base lines (east/west)
-Tiers

each square is 1 x 1 mile

Townships - 36 sections, each 1 square mile
-sections numbered from northeast corner, 1st 6 sections run east to west,
second row west to east, and so on

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