Principles of Real EstateCâu 10 / 120
Ownership of real property by one individual or entity alone is called ownership in:
a.Common
b.Severalty
c.Joint tenancy
d.Partnership
Giải thích
Ownership in severalty means title is held by a single person or a single legal entity. The word derives from the idea that the owner is 'severed' from other owners. It contrasts with the various forms of concurrent (co-)ownership.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- When a person dies without a will and without legal heirs, ownership of the property passes to the state through:
- Which of the following is an example of the government's police power?
- A form of co-ownership that includes the right of survivorship, meaning a deceased owner's share passes automatically to the surviving owners, is:
- The highest and most complete form of ownership interest in real estate is:
- An estate that lasts only for the duration of a specified person's life is a:
- The right of one party to use another's land for a specific purpose, such as a driveway or utility line, is a(n):
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