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Superior NC Real Estate Question and Answer 2026 A+ Verified 100% Correct Questions and Answers

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Superior NC Real Estate Question and Answer 2026 A+ Verified 100% Correct Questions and Answers

Institution
Superior NC Real Estate
Course
Superior NC Real Estate

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Superior NC Real Estate Question and
Answer 2026 A+ Verified 100% Correct
Questions and Answers
• Bundle of Rights -✓✓Right to possession of the property: the right of quiet
enjoyment of the property; the right to exclude others; the right to dispose of the
property by gift, by sale, or by will; and the right to control the use of the property
and profits within the limits of the law

• Tenements -✓✓All corporeal and incorporeal rights in land

• Corpreal Rights -✓✓Tangible things

• Incorpreal Rights -✓✓Intangible things

• Hereditament -✓✓Everything in the term land and everything in the term
tenements that is capable of being inherited

• Fruits of the soil -✓✓Growing things that do not require planting or cultivation
but that grow naturally and are perennial

• Fructose naturales -✓✓Growing things that do not require planting or cultivation
but that grow naturally and are perennial

• Fruits of Industry -✓✓Growing things that require planting and cultivation

• Fructus Industriales -✓✓Growing things that require planting and cultivation

• Appurtenance -✓✓Any right or privilege that runs with the land Including
subsurface, air, riparian rights, easements, and the benefits of restrictive covenants

• Mineral lease -✓✓permits the use of land for mineral exploration and mining
operations

• Air rights -✓✓Ownership of it and the rights to the area above the surface of the
earth

,• Riparian Rights -✓✓appurtenant rights of an owner of property bordering a
FLOWING body of water

• Litoral rights -✓✓Rights of landowners whose property borders and ocean or
lake

• Foreshore -✓✓Land between the high watermark and low watermark

• Lateral Support -✓✓Right of land to be supported in its natural state by ages
since land. Your neighbor cannot remove any dirt because of your right of support

• Subjacent support -✓✓Right to have one's land supported from below

• Fixture -✓✓Personal property that is attached to the land or a permanent
improvement on the land

• Total circumstance test -✓✓In the absence of contractual agreement by parties, a
fixture can be defined using intention, relation of the attacher, method, and
adoption

• Trade fixtures -✓✓Personal property that are used in the course of a business
operating in a lease property

• Agricultural fixtures -✓✓Fixtures installed by a property owner for the purpose
of agricultural use

• Uniform commercial code -✓✓A security agreement put in place and filed on
public record for an item installed in a commercial property that is being released.
The attached item is not legally classified as a fixture or part of the real property
until the security agreement has been satisfied by full payment

• Estate -✓✓Interest in a property sufficient to give the owner the right of
possession of the property

• Freehold estates -✓✓An interest in land of at least a lifetime and therefore
generally is identified with the concept of title or ownership

,• Fee simple absolute -✓✓Complete, inheritable ownership of the bundle of rights.
Ownership in fee means that the grantee owns it forever.

• Fee simple determinable -✓✓If not used for the purpose specified in the
conveyance, title will automatically terminate and revert to the original grantor for
the grantors heirs

• Fee Simple Subject to Condition Subsequent -✓✓If the property is not used for
the purpose specified in the convenience grantor may re-enter the property and
take possession or go to court. Requires court action.

• Estates Pur Autre Vie -✓✓Measured by the lifetime of a person other than the
person receiving the title

• Marital life estates -✓✓life estates created by operation of law

• Life Estate -✓✓Nonheritable freehold estate created only for the life of the
named life tenant

• Life tenant -✓✓The one who holds a life estate.

• Defeasible fee -✓✓Freehold estate in the form of a fee simple estate, the grantor
can terminate the title under certain conditions

• Revisionary interest -✓✓Conveyance of the life estate, it will revert to the grantor
or to his heirs at the death of the life tenant

• Remainderman -✓✓As a remainder or future interest in the property

• Dower -✓✓The wife's right to a life estate in the property owned by a deceased
spouse

• Alienation -✓✓Transfer title to another person or pledge the title as security for
debt

• curtsey -✓✓The husbands right to a life estate in the property owned by a
deceased spouse

, • nonfreehold estate -✓✓Confer a rental interest in real property for years, year to
year, that will, at sufferance

• Severalty -✓✓Title to real property is held in the name of the only one person or
entity

• Coownership -✓✓Simultaneous ownership of real property by two or more
people

• Tenancy in Common -✓✓Two or more persons holding title to a property at the
same time with no right of survivorship

• Partitioned -✓✓Each tenant has a specific portion of the property exclusively

• Joint Tenancy -✓✓Must have the same interest in the land, must receive their title
at the same time from the same source, and must have the same degree of
undivided ownership and right to possession in the property

• Survivorship -✓✓Surviving parties automatically take over the share of a
deceased partner

• Tenancy by entirety -✓✓Limited to a husband and wife. Must be a legal marriage
at the time that the husband and wife received title to the property. Contains right
of survivorship and requires the same time, title, interest, possession, and marriage
to be official.

• Condominium -✓✓Ownership of the airspace of the individual unit as well as
coownership in the common areas. Tenant owns everything inside the walls floor
and ceiling. No right to partition call ownership in the common areas

• North Carolina condominium act -✓✓Requires public offering statement on the
sale of a new condo, purchaser has a right to cancel within the first seven days of
the contract, escrow deposit if canceled is refunded to the buyer

• Townhouse -✓✓Provides for the ownership of the unit as well as the specific
portion of land upon which the individual unit is located.

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Course
Superior NC Real Estate

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