CT Real Estate Exam QUESTIONS AND ASNWERS YEAR
2025.
Deed vs Bill of Sale - ✅✅-Deed is receipt for Real Property
-Bill of Sale is for Personal Property
Real Estate vs Property - ✅✅Both include land + improvements, real property
includes benefits and interests
Estate Time - ✅✅how long you own it
-Forever, freehold (fee simple)
-Lifetime (ordinary)
-<Lifetime (Leasehold)
Fee simple - ✅✅highest type of interest in real estate recognized by law. the owner is
entitled to all rights in the property
Freehold Estate - ✅✅An estate in land in which ownership is for an indeterminate
length of time, in contrast to a leasehold estate.
-May be defeasible with special limitations or conditional provisions
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.
2025.
Deed vs Bill of Sale - ✅✅-Deed is receipt for Real Property
-Bill of Sale is for Personal Property
Real Estate vs Property - ✅✅Both include land + improvements, real property
includes benefits and interests
Estate Time - ✅✅how long you own it
-Forever, freehold (fee simple)
-Lifetime (ordinary)
-<Lifetime (Leasehold)
Fee simple - ✅✅highest type of interest in real estate recognized by law. the owner is
entitled to all rights in the property
Freehold Estate - ✅✅An estate in land in which ownership is for an indeterminate
length of time, in contrast to a leasehold estate.
-May be defeasible with special limitations or conditional provisions
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.
