with correct answers guaranteed
success.
Qs
encroachment - n
Ans✔
structure or improvements overlaps onto another's property
Qs
easement - n
Ans✔
limited use or enjoyment of another's land written or verbal or implied
Qs
easements can be terminated - n
Ans✔
merger of adjacent property, release, or abandonment
Qs
Easement appurtenant - n
Ans✔
Dominant estate uses driveway of servient estate to access their property
Qs
Easement in Gross - n
Ans✔
belongs to a person or corporation example would be utility easement
,Qs
License - n
Ans✔
permission to do a particular act , go fishing or ticket to Football game
Qs
Adverse Possession (Squatters rights) - n
Ans✔
occurs when property is acquired from the rightful owner through the State of
Limitations
Qs
Estate - n
Ans✔
interest in real property
Qs
Freehold estate - n
Ans✔
ownership, Bundle of Rights, for indeterminate length,Ownership with the greatest
bundle of rights Fee Simple or Fee Simple Absolute
Qs
Non-Freehold estate or lease-hold - n
Ans✔
has a termination date
Qs
Defeasible Fee, Conditional Fee, Qualified Fee, Qualified Defeasible Fee - n
, Ans✔
ownership with conditions or terms which if violated could cause the ownership
interest to be defeated or terminated.
Qs
Life Estate - n
Ans✔
ownership for the duration of someone's life. Owner called Life tenant.
Remainderman person getting the estate after owner dies
Qs
Reversion - n
Ans✔
life estate is setup so that at the end of the life estate the property goes back to the
original owner
Qs
Estate in severalty or Sole ownership - n
Ans✔
Ownership by one person
Qs
Tenancy in common - n
Ans✔
Ownership by two or more without rights of survivorship goes to your heirs not the
other owners
Qs
Joint Tenancy - n
Ans✔