Chapter 8 - Gold Coast Real Estate Homework Final Exam
Study Guide Questions and Answers Rated 100% Correct
1. All of the following estates include legal title to real property, EXCEPT:
(a) Tenancy for years
(b) Fee simple estate
(c) Life estate
(d) Tenancy by the entireties: (a) Tenancy for years
2. Florida timeshare projects are regulated by which organiẓation?
(a) Florida Real Estate Commission
(b) Department of Community Affairs
(c) Division of Florida Condominiums, Timeshares and Mobile Homes
(d) Department of Housing and Urban Development: c) Division of Florida Condominiums,
Timeshares and Mobile Homes
3. Able, who holds title in fee simple, deeds land to Baḱer to enjoy until his death.
At that time, Charlie is to receive title to the land. Baḱer's interest in the land is
ḱnown as which of the following?
(a) Fee simple estate
,(b) Life estate
(c) Remainder estate
(d) Estate for years: (b) Life estate
4. Able, who holds title in fee simple, deeds land to Baḱer to enjoy until his death.
Upon Baḱer's death, Charlie is to receive title to the land. Charlie's interest in
the land is which of the following?
, (a) Reversion estate
(b) Remainder estate
(c) Estate for years
(d) Joint estate: (b) Remainder estate
5. What rights allow a property owner to have reasonable use of water flowing
over or through his or her land?
(a) Riparian
(b) Littoral
(c) Flowage
(d) Aquifer: (a) Riparian
6. A potential purchaser of a new timeshare can cancel the contract without
penalty within how many days?
(a) 10
(b) 20
(c) 30
(d) 40: (a) 10
7. Which statement best describes a tenancy at sufferance?
(a) The tenant suffers from the landlord's failure to maintain the property.
Study Guide Questions and Answers Rated 100% Correct
1. All of the following estates include legal title to real property, EXCEPT:
(a) Tenancy for years
(b) Fee simple estate
(c) Life estate
(d) Tenancy by the entireties: (a) Tenancy for years
2. Florida timeshare projects are regulated by which organiẓation?
(a) Florida Real Estate Commission
(b) Department of Community Affairs
(c) Division of Florida Condominiums, Timeshares and Mobile Homes
(d) Department of Housing and Urban Development: c) Division of Florida Condominiums,
Timeshares and Mobile Homes
3. Able, who holds title in fee simple, deeds land to Baḱer to enjoy until his death.
At that time, Charlie is to receive title to the land. Baḱer's interest in the land is
ḱnown as which of the following?
(a) Fee simple estate
,(b) Life estate
(c) Remainder estate
(d) Estate for years: (b) Life estate
4. Able, who holds title in fee simple, deeds land to Baḱer to enjoy until his death.
Upon Baḱer's death, Charlie is to receive title to the land. Charlie's interest in
the land is which of the following?
, (a) Reversion estate
(b) Remainder estate
(c) Estate for years
(d) Joint estate: (b) Remainder estate
5. What rights allow a property owner to have reasonable use of water flowing
over or through his or her land?
(a) Riparian
(b) Littoral
(c) Flowage
(d) Aquifer: (a) Riparian
6. A potential purchaser of a new timeshare can cancel the contract without
penalty within how many days?
(a) 10
(b) 20
(c) 30
(d) 40: (a) 10
7. Which statement best describes a tenancy at sufferance?
(a) The tenant suffers from the landlord's failure to maintain the property.
