6/13/25, 9:09 AM Barney Fletcher Real Estate Exam 2025 UPDATE Verified Questions And Answers | Guaranteed Success!! Flashcards | Quizlet
Barney Fletcher Real Estate Exam 2025 UPDATE
Verified Questions And Answers | Guaranteed
Success!!
Save
Terms in this set (219)
combining two or more contiguous parcels of real
Assemblage
estate into a single parcel under one ownership
plottage an increase in value resulting from assemblage
personal property that is permanently attached to real
fixture
property and goes with the property when its sold
what makes something a if object was fixed or installed with the intention of
fixture improving the home
appurtenances when new fixtures are attached ex. heat/air, roof
have brokers license but associate broker
are working for another
broker
principal/employing in charge of and responsible for all real estate
broker operations conducted by a real estate brokerage firm
which type of land government / rectangular survey
description are the
properties described as
they relate to meridians
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,6/13/25, 9:09 AM Barney Fletcher Real Estate Exam 2025 UPDATE Verified Questions And Answers | Guaranteed Success!! Flashcards | Quizlet
any change of ownership - transferring ownership
alienation of title rights or interests in real property from one person to
another
right of ownership of a parcel of real property held by
legal title
an owner
interest in a piece of real estate held by a buyer held
equitable title under a contract to obtain absolute ownership of the
property at a future date
lacks the usual rights and privileges associated with
bare legal title
ownership
constructive notice information has been made available to the public
when factors exist that make someone inquire further
inquiry notice ex. dirt road running across you would inquire
whether there is an easement in place
a title free from reasonable doubt as to who the
marketable title
owner is
abstract of title detailed report of the title search
an owner petitions the state court to register his
torrens system property
transfer of land
allodial system individuals are able to own land
right of govs to assume property for necessary public
eminent domain
use
power the gov has when someone dies intestate and
escheat
leaves no known heirs
PETE - powers of gov over police power, eminent domain, taxation, escheat
title
unauthorized infringement on a property owners
encroachment
rights as a result of physical intrusion
freehold estate highest and most complete form of ownership
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, 6/13/25, 9:09 AM Barney Fletcher Real Estate Exam 2025 UPDATE Verified Questions And Answers | Guaranteed Success!! Flashcards | Quizlet
seisin possession of freehold estate
a fee simple estate that has certain limitations /
qualified fee estate qualifications
- owner holds fee simple title
defeasible capable of being voided/defeated
fee simple estate that is conveyed to a person for the
life estate
duration of their life
future interest in real estate created at same time and
remainder estate
by same instrument as other state
statutory estate any state created by the law/ gov
Non-freehold estates for years, year to year, at will, sufferance
for years definite beginning and definite end
indefinite number of time periods
year to year
ex. month to month or week to week rental
when a tenant in lawful possession with no definite
at will
time specified as to when he may vacate
when a tenant occupies real estate after his lawful
rights have run out
sufferance
- goes until tenant vacates or landlord takes action
- termination doesn't require notice
stops a person from acting against another if they
laches
dont do it in a set amount of time
PITT - four unities property, interest, time, title
tenancy by the entireties for married couples - only between husband and wife
most common form of ownership
tenancy in common can have unequal ownership interests
can be willed
all partners have unlimited liability
general partnership control the operation of the business and are
individually and totally liable for debts/obligations
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Barney Fletcher Real Estate Exam 2025 UPDATE
Verified Questions And Answers | Guaranteed
Success!!
Save
Terms in this set (219)
combining two or more contiguous parcels of real
Assemblage
estate into a single parcel under one ownership
plottage an increase in value resulting from assemblage
personal property that is permanently attached to real
fixture
property and goes with the property when its sold
what makes something a if object was fixed or installed with the intention of
fixture improving the home
appurtenances when new fixtures are attached ex. heat/air, roof
have brokers license but associate broker
are working for another
broker
principal/employing in charge of and responsible for all real estate
broker operations conducted by a real estate brokerage firm
which type of land government / rectangular survey
description are the
properties described as
they relate to meridians
https://quizlet.com/1053968859/barney-fletcher-real-estate-exam-2025-update-verified-questions-and-answers-guaranteed-success-flash-cards/?new 1/17
,6/13/25, 9:09 AM Barney Fletcher Real Estate Exam 2025 UPDATE Verified Questions And Answers | Guaranteed Success!! Flashcards | Quizlet
any change of ownership - transferring ownership
alienation of title rights or interests in real property from one person to
another
right of ownership of a parcel of real property held by
legal title
an owner
interest in a piece of real estate held by a buyer held
equitable title under a contract to obtain absolute ownership of the
property at a future date
lacks the usual rights and privileges associated with
bare legal title
ownership
constructive notice information has been made available to the public
when factors exist that make someone inquire further
inquiry notice ex. dirt road running across you would inquire
whether there is an easement in place
a title free from reasonable doubt as to who the
marketable title
owner is
abstract of title detailed report of the title search
an owner petitions the state court to register his
torrens system property
transfer of land
allodial system individuals are able to own land
right of govs to assume property for necessary public
eminent domain
use
power the gov has when someone dies intestate and
escheat
leaves no known heirs
PETE - powers of gov over police power, eminent domain, taxation, escheat
title
unauthorized infringement on a property owners
encroachment
rights as a result of physical intrusion
freehold estate highest and most complete form of ownership
https://quizlet.com/1053968859/barney-fletcher-real-estate-exam-2025-update-verified-questions-and-answers-guaranteed-success-flash-cards/?new 2/17
, 6/13/25, 9:09 AM Barney Fletcher Real Estate Exam 2025 UPDATE Verified Questions And Answers | Guaranteed Success!! Flashcards | Quizlet
seisin possession of freehold estate
a fee simple estate that has certain limitations /
qualified fee estate qualifications
- owner holds fee simple title
defeasible capable of being voided/defeated
fee simple estate that is conveyed to a person for the
life estate
duration of their life
future interest in real estate created at same time and
remainder estate
by same instrument as other state
statutory estate any state created by the law/ gov
Non-freehold estates for years, year to year, at will, sufferance
for years definite beginning and definite end
indefinite number of time periods
year to year
ex. month to month or week to week rental
when a tenant in lawful possession with no definite
at will
time specified as to when he may vacate
when a tenant occupies real estate after his lawful
rights have run out
sufferance
- goes until tenant vacates or landlord takes action
- termination doesn't require notice
stops a person from acting against another if they
laches
dont do it in a set amount of time
PITT - four unities property, interest, time, title
tenancy by the entireties for married couples - only between husband and wife
most common form of ownership
tenancy in common can have unequal ownership interests
can be willed
all partners have unlimited liability
general partnership control the operation of the business and are
individually and totally liable for debts/obligations
https://quizlet.com/1053968859/barney-fletcher-real-estate-exam-2025-update-verified-questions-and-answers-guaranteed-success-flash-cards/?new 3/17
