MISSISSIPPI REAL ESTATE PRACTICE TEST 2026
EXAM SCRIPT WITH VERIFIED SOLUTIONS
◉ Fee Simple Estate. Answer: also called indefeasible fee estate
◉ Freehold estates. Answer: All fee estates are
◉ Qualified fee estate. Answer: A fee estate that is subject to limitations
other than gov't
◉ Qualified Fee estate. Answer: also called fee simple estate
◉ Fee Simple Determinable. Answer: Fee estate which will terminate if
a condition stated in the deed comes into being or is terminated
◉ Life Estate. Answer: a fee estate which is generally not inheritable
◉ Fee estate. Answer: Life estates originate from and return to a
◉ Life of the grantee. Answer: In a regular life estate, the duration of the
estate is determined by
,◉ Life if a third party. Answer: In a life estate pur autre vie, the duration
of the life estate is based on
◉ Life estate pur autre vie. Answer: Life estate than can be inheritable
◉ Grantor. Answer: Ownership in life estate in reversion reverts to the
◉ Remainderman. Answer: Ownership in a life estate in remainder
reverts to the
◉ Dower. Answer: Widow's right to a share of deceased husband's
property
◉ Curtsey. Answer: Widower's interest in deceased wife's property
◉ Homestead protection. Answer: provides life estate to widow or
widower in some states
◉ Freehold and less than freehold. Answer: two types of estate in land
◉ Ownership. Answer: Freehold estate means
◉ Leasehold. Answer: Less than freehold estate means
, ◉ Personal. Answer: Estates less than freehold are
considered_____________ property
◉ Lessee. Answer: Holder of an estate less than freehold is called the
◉ Lessor. Answer: Landlord of and estate less than freehold is called the
◉ reversion interest. Answer: Landlord holds a ____________ during
the lifetime of an estate less than freehold
◉ reversion interest. Answer: Landlord's right to regain possession at the
end of a lease is called
◉ Estate for years (tenancy for years). Answer: Leasehold with specific
start end end date
◉ Estate for years ( tenancy for years). Answer: Leasehold estate than
can be any length of time
◉ Periodic estate. Answer: An estate that renews itself automatically at
the end of each lease period
EXAM SCRIPT WITH VERIFIED SOLUTIONS
◉ Fee Simple Estate. Answer: also called indefeasible fee estate
◉ Freehold estates. Answer: All fee estates are
◉ Qualified fee estate. Answer: A fee estate that is subject to limitations
other than gov't
◉ Qualified Fee estate. Answer: also called fee simple estate
◉ Fee Simple Determinable. Answer: Fee estate which will terminate if
a condition stated in the deed comes into being or is terminated
◉ Life Estate. Answer: a fee estate which is generally not inheritable
◉ Fee estate. Answer: Life estates originate from and return to a
◉ Life of the grantee. Answer: In a regular life estate, the duration of the
estate is determined by
,◉ Life if a third party. Answer: In a life estate pur autre vie, the duration
of the life estate is based on
◉ Life estate pur autre vie. Answer: Life estate than can be inheritable
◉ Grantor. Answer: Ownership in life estate in reversion reverts to the
◉ Remainderman. Answer: Ownership in a life estate in remainder
reverts to the
◉ Dower. Answer: Widow's right to a share of deceased husband's
property
◉ Curtsey. Answer: Widower's interest in deceased wife's property
◉ Homestead protection. Answer: provides life estate to widow or
widower in some states
◉ Freehold and less than freehold. Answer: two types of estate in land
◉ Ownership. Answer: Freehold estate means
◉ Leasehold. Answer: Less than freehold estate means
, ◉ Personal. Answer: Estates less than freehold are
considered_____________ property
◉ Lessee. Answer: Holder of an estate less than freehold is called the
◉ Lessor. Answer: Landlord of and estate less than freehold is called the
◉ reversion interest. Answer: Landlord holds a ____________ during
the lifetime of an estate less than freehold
◉ reversion interest. Answer: Landlord's right to regain possession at the
end of a lease is called
◉ Estate for years (tenancy for years). Answer: Leasehold with specific
start end end date
◉ Estate for years ( tenancy for years). Answer: Leasehold estate than
can be any length of time
◉ Periodic estate. Answer: An estate that renews itself automatically at
the end of each lease period
