Nebraska Real Estate Exam
Vocabulary UPDATED Study Guide
QUESTIONS AND CORRECT
ANSWERS
A bundle of legal rights - CORRECT ANSWERS The earths surface
extending downward to the center of the earth and upward into space, including
all things permanently attached, known as:
Personal property - CORRECT ANSWERS Movable objects, which are
not considered real estate, are known as:
An appurtenant easement - CORRECT ANSWERS The permanent right
to use another's land for the benefit of a neighboring parcel is know as;
Severalty - CORRECT ANSWERS The ownership of property by one
person only known as:
Abstract of Title - CORRECT ANSWERS a condensed history of a title
to a particular piece of real estate, including a summary of the original grant,
and all subsequent conveyances and encumbrances affecting the property, is
known as:
blockbusting - CORRECT ANSWERS The illegal practice of inducing
homeowners to sell their properties by making representations about the
prospective entry of persons of a certain race/national origin into the
neighborhood is also called:
, an easement - CORRECT ANSWERS The term for something that
grants the right to use another's land for a specific purpose, and is considered an
incorporeal interest in land is:
deed restrictions - CORRECT ANSWERS The clauses in a deed that
limit the future uses of a property are known as:
depreciation - CORRECT ANSWERS The loss of value in any property,
regardless of the specific cause, in a appraisal, is known as:
fee simple estate - CORRECT ANSWERS A person who has complete
control over a parcel of real estate is said to own a:
statute of frauds - CORRECT ANSWERS The law that requires real
estate contracts to be enforceable is the
procuring cause - CORRECT ANSWERS The effort that brings about
the desired result in real estate sale is known as:
Radon - CORRECT ANSWERS A naturally occurring gas that is
suspected of causing lung cancer is known as:
an encumbrance - CORRECT ANSWERS A claim or liability attached
to a property is called:
Dominant tenement - CORRECT ANSWERS In an appurtenant
easement, the party that benefits is known as:
a lien - CORRECT ANSWERS An encumbrance that affects the title,
usually related to money, is known as:
Vocabulary UPDATED Study Guide
QUESTIONS AND CORRECT
ANSWERS
A bundle of legal rights - CORRECT ANSWERS The earths surface
extending downward to the center of the earth and upward into space, including
all things permanently attached, known as:
Personal property - CORRECT ANSWERS Movable objects, which are
not considered real estate, are known as:
An appurtenant easement - CORRECT ANSWERS The permanent right
to use another's land for the benefit of a neighboring parcel is know as;
Severalty - CORRECT ANSWERS The ownership of property by one
person only known as:
Abstract of Title - CORRECT ANSWERS a condensed history of a title
to a particular piece of real estate, including a summary of the original grant,
and all subsequent conveyances and encumbrances affecting the property, is
known as:
blockbusting - CORRECT ANSWERS The illegal practice of inducing
homeowners to sell their properties by making representations about the
prospective entry of persons of a certain race/national origin into the
neighborhood is also called:
, an easement - CORRECT ANSWERS The term for something that
grants the right to use another's land for a specific purpose, and is considered an
incorporeal interest in land is:
deed restrictions - CORRECT ANSWERS The clauses in a deed that
limit the future uses of a property are known as:
depreciation - CORRECT ANSWERS The loss of value in any property,
regardless of the specific cause, in a appraisal, is known as:
fee simple estate - CORRECT ANSWERS A person who has complete
control over a parcel of real estate is said to own a:
statute of frauds - CORRECT ANSWERS The law that requires real
estate contracts to be enforceable is the
procuring cause - CORRECT ANSWERS The effort that brings about
the desired result in real estate sale is known as:
Radon - CORRECT ANSWERS A naturally occurring gas that is
suspected of causing lung cancer is known as:
an encumbrance - CORRECT ANSWERS A claim or liability attached
to a property is called:
Dominant tenement - CORRECT ANSWERS In an appurtenant
easement, the party that benefits is known as:
a lien - CORRECT ANSWERS An encumbrance that affects the title,
usually related to money, is known as:
