FREE MT Bar Real Property Questions and Answers
Which of the following is an example of a nonpossessory interest in real property?
Correct!
Wrong!
An easement is a nonpossessory interest in real property that grants the holder the right to use another's land for a specific purpose.
Which of the following terms describes a form of co-ownership where each co-owner has an equal share and the right of survivorship?
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Wrong!
Joint tenancy includes the right of survivorship, meaning that upon the death of one joint tenant, the surviving tenant(s) automatically inherit the deceased tenant’s share.
What does the doctrine of adverse possession allow?
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Wrong!
Adverse possession allows a person who possesses the land of another for a certain statutory period to claim legal title to that land.
What is the primary purpose of a deed in real property transactions?
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A deed is the legal document that conveys ownership of real property from one person to another.
What is the primary characteristic of a fee simple absolute estate?
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A fee simple absolute estate is the most extensive interest in land that one can own, free of any conditions or limitations.