MODERN REAL ESTATE PRACTICE,
UNIT 3, 20TH EDITION EXAM
QUESTIONS AND ANSWERS
An owner conveys ownership of a residence to a church but reserves a life estate in
the residence. The future interest held by the church is - Answer-Remainder
The new owner of a property in stalls a fence on the property. By mistake, the fence
extends 1 foot over the lot line on to a neighbors property. The fence is an example
of - Answer-Encroachment
A homeowner may be allowed certain protection from judgments of creditors as a
result of the state's - Answer-homestead rights
A person has permission from a property owner to hike on the owner's property
during the autumn months. The hiker has - Answer-license
A homestead is a legal life estate in real estate that is - Answer-occupied as the
family home
Because a homeowner failed to pay the real estate taxes on time, the taxing
authority imposed a claim against the homeowner's property. This claim is known as
a(n) - Answer-lien
The type of easement that is right of way for utility companies powerlines - Answer-
Easement in gross
The process by which government takes control of a property after the owner dies
without a will or lawful Heirs is - Answer-Escheat
A landowner has divided a large parcel of land into smaller parcels and has recently
sold a tract near a nature preserve that is landlocked and cannot be entered except
through one of the other tracts. The buyer of that property will probably be granted
what type of easement by court action? - Answer-Easement by necessity
All of the following will terminate and easement except - Answer-Release of the right
of easement to the dominant tenement
An easement appurtenant - Answer-Runs with the land
A property on Main Street that was formerly a retail store will become the sight of a
new City Hall, made possible by the government's power of - Answer-Eminent
domain
Which of the following is not an example of governmental power - Answer-remainder
UNIT 3, 20TH EDITION EXAM
QUESTIONS AND ANSWERS
An owner conveys ownership of a residence to a church but reserves a life estate in
the residence. The future interest held by the church is - Answer-Remainder
The new owner of a property in stalls a fence on the property. By mistake, the fence
extends 1 foot over the lot line on to a neighbors property. The fence is an example
of - Answer-Encroachment
A homeowner may be allowed certain protection from judgments of creditors as a
result of the state's - Answer-homestead rights
A person has permission from a property owner to hike on the owner's property
during the autumn months. The hiker has - Answer-license
A homestead is a legal life estate in real estate that is - Answer-occupied as the
family home
Because a homeowner failed to pay the real estate taxes on time, the taxing
authority imposed a claim against the homeowner's property. This claim is known as
a(n) - Answer-lien
The type of easement that is right of way for utility companies powerlines - Answer-
Easement in gross
The process by which government takes control of a property after the owner dies
without a will or lawful Heirs is - Answer-Escheat
A landowner has divided a large parcel of land into smaller parcels and has recently
sold a tract near a nature preserve that is landlocked and cannot be entered except
through one of the other tracts. The buyer of that property will probably be granted
what type of easement by court action? - Answer-Easement by necessity
All of the following will terminate and easement except - Answer-Release of the right
of easement to the dominant tenement
An easement appurtenant - Answer-Runs with the land
A property on Main Street that was formerly a retail store will become the sight of a
new City Hall, made possible by the government's power of - Answer-Eminent
domain
Which of the following is not an example of governmental power - Answer-remainder
