Real Estate License Property and Ownership Laws 2

Question 1

A homeowner sells a property but reserves the right to harvest crops already planted before closing. This right is known as:

Accepted Answer

Emblements

Answer

Emblements are annual crops that a tenant or seller may harvest even after the property interest ends.

Question 2

Two people own property with the right of survivorship and equal, undivided interests. This form of ownership is:

Accepted Answer

Joint tenancy

Answer

Joint tenancy requires the four unities and includes the right of survivorship.

Question 3

Which of the following is an example of real property rather than personal property?

Accepted Answer

A built-in dishwasher attached to cabinetry

Answer

A built-in dishwasher attached to the structure is a fixture and therefore real property.

Question 4

A government's power to take private property for public use with just compensation is called:

Accepted Answer

Eminent domain

Answer

Eminent domain allows government to take private property for public use with just compensation.

Question 5

An easement that benefits an adjacent parcel of land and transfers with ownership is an:

Accepted Answer

Easement appurtenant

Answer

An easement appurtenant runs with the land and benefits the dominant tenement.

Real Estate License Practice Test