Principles of Real EstateCâu 9 / 120
The highest and most complete form of ownership interest in real property is:
a.A life estate
b.A leasehold estate
c.An estate for years
d.A fee simple absolute estate
Giải thích
Fee simple absolute is the most complete ownership, lasting indefinitely and freely transferable. A life estate and leasehold interests are more limited in duration or scope.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- An encumbrance that gives a lender a security interest in real property as collateral for a debt is a(n):
- A right to use another person's land for a specific purpose, such as a shared driveway, is called a(n):
- Which type of easement is created for the benefit of a neighboring parcel and transfers automatically when that parcel is sold?
- A life estate is BEST described as an ownership interest that:
- When two or more people own property as joint tenants with right of survivorship, what happens when one owner dies?
- Texas is a community property state, which generally means that property acquired by either spouse during marriage is:
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