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, Real Estate Law Exam (2025) – Practice Test (100 Questions – Latest Edition |
Professor Verified | Already Graded A+)
Domain I: Estates in Land and Property Ownership (Questions 1–8)
Which of the following best describes a "Fee Simple Absolute" estate?
A. An ownership interest that lasts for the duration of the owner's life.
B. The most complete form of ownership, with infinite duration and freely
transferable.
C. An estate subject to a condition that, if breached, causes the property to revert to
the grantor.
1. D. An estate measured by the life of a person other than the owner.
B. The most complete form of ownership, with infinite duration and freely
transferable.
Fee Simple Absolute is the highest form of ownership interest recognized by
law. It is of infinite duration and can be transferred by deed or will. Life estate
(A/D) is limited by a life. Fee Simple Defeasible (C) is a lesser estate subject
to a condition.
A father conveys a house to his son "so long as it is used as a residence for the
family." Which type of estate does the son have?
A. Fee Simple Determinable.
B. Fee Simple Subject to Condition Subsequent.
C. Fee Simple Subject to an Executory Limitation.
2. D. Life Estate Pur Autre Vie.
A. Fee Simple Determinable.
A determinable fee simple automatically ends ("determines") and reverts to
the grantor (or heirs) when a specified event occurs. Here, the event is
ceasing to use it as a residence. Unlike an executory limitation (C), the estate
ends automatically upon the event without action by the grantor.
A property owner grants an easement to a neighbor "for as long as the neighbor
lives." The neighbor's interest is best described as:
A. An easement in gross.
B. An easement appurtenant.
C. A life estate pur autre vie.
3. D. A leasehold estate.
C. A life estate pur autre vie.
While the easement itself is a non-possessory interest, the duration described
, ("as long as the neighbor lives") is the definition of a life estate measured by a
life other than the holder's life (pur autre vie).
What is the difference between a "Remainder" and a "Reversion"?
A. A remainder is created by the act of a life tenant; a reversion is created by the
grantor.
B. A remainder passes to the grantor; a reversion passes to a third party.
C. A remainder is only valid in deeds; a reversion is only valid in wills.
4. D. There is no legal difference; the terms are interchangeable.
A. A remainder is created by the act of a life tenant; a reversion is created by
the grantor.
Both are future interests left in a grantor after a life estate. A Remainder is
granted to a third person. A Reversion is retained by the grantor (or their
heirs).
A tenant signs a lease to rent an apartment for exactly one year, starting January
1st. This is an example of:
A. A periodic tenancy.
B. An estate for years.
C. A tenancy at will.
5. D. A tenancy at sufferance.
B. An estate for years.
An estate for years is a leasehold estate for a fixed, specified period of time (a
year or longer). Periodic tenancy (A) renews automatically (week-to-week).
If a life tenant commits "waste" (voluntary or permissive damage to the property),
who can they be held liable to?
A. The grantor.
B. The remainderman.
C. The reversioner.
6. D. Both the remainderman and the reversioner.
D. Both the remainderman and the reversioner.
The life tenant cannot damage the property in a way that harms the future
interests. They are liable to any holder of the future interest (remaindermen or
reversioners) for injury to the inheritance.
A tenant remains in the apartment after their one-year lease expires without the
landlord's consent. This is known as:
A. A periodic tenancy.
B. An estate at sufferance.
C. An estate at will.
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, Real Estate Law Exam (2025) – Practice Test (100 Questions – Latest Edition |
Professor Verified | Already Graded A+)
Domain I: Estates in Land and Property Ownership (Questions 1–8)
Which of the following best describes a "Fee Simple Absolute" estate?
A. An ownership interest that lasts for the duration of the owner's life.
B. The most complete form of ownership, with infinite duration and freely
transferable.
C. An estate subject to a condition that, if breached, causes the property to revert to
the grantor.
1. D. An estate measured by the life of a person other than the owner.
B. The most complete form of ownership, with infinite duration and freely
transferable.
Fee Simple Absolute is the highest form of ownership interest recognized by
law. It is of infinite duration and can be transferred by deed or will. Life estate
(A/D) is limited by a life. Fee Simple Defeasible (C) is a lesser estate subject
to a condition.
A father conveys a house to his son "so long as it is used as a residence for the
family." Which type of estate does the son have?
A. Fee Simple Determinable.
B. Fee Simple Subject to Condition Subsequent.
C. Fee Simple Subject to an Executory Limitation.
2. D. Life Estate Pur Autre Vie.
A. Fee Simple Determinable.
A determinable fee simple automatically ends ("determines") and reverts to
the grantor (or heirs) when a specified event occurs. Here, the event is
ceasing to use it as a residence. Unlike an executory limitation (C), the estate
ends automatically upon the event without action by the grantor.
A property owner grants an easement to a neighbor "for as long as the neighbor
lives." The neighbor's interest is best described as:
A. An easement in gross.
B. An easement appurtenant.
C. A life estate pur autre vie.
3. D. A leasehold estate.
C. A life estate pur autre vie.
While the easement itself is a non-possessory interest, the duration described
, ("as long as the neighbor lives") is the definition of a life estate measured by a
life other than the holder's life (pur autre vie).
What is the difference between a "Remainder" and a "Reversion"?
A. A remainder is created by the act of a life tenant; a reversion is created by the
grantor.
B. A remainder passes to the grantor; a reversion passes to a third party.
C. A remainder is only valid in deeds; a reversion is only valid in wills.
4. D. There is no legal difference; the terms are interchangeable.
A. A remainder is created by the act of a life tenant; a reversion is created by
the grantor.
Both are future interests left in a grantor after a life estate. A Remainder is
granted to a third person. A Reversion is retained by the grantor (or their
heirs).
A tenant signs a lease to rent an apartment for exactly one year, starting January
1st. This is an example of:
A. A periodic tenancy.
B. An estate for years.
C. A tenancy at will.
5. D. A tenancy at sufferance.
B. An estate for years.
An estate for years is a leasehold estate for a fixed, specified period of time (a
year or longer). Periodic tenancy (A) renews automatically (week-to-week).
If a life tenant commits "waste" (voluntary or permissive damage to the property),
who can they be held liable to?
A. The grantor.
B. The remainderman.
C. The reversioner.
6. D. Both the remainderman and the reversioner.
D. Both the remainderman and the reversioner.
The life tenant cannot damage the property in a way that harms the future
interests. They are liable to any holder of the future interest (remaindermen or
reversioners) for injury to the inheritance.
A tenant remains in the apartment after their one-year lease expires without the
landlord's consent. This is known as:
A. A periodic tenancy.
B. An estate at sufferance.
C. An estate at will.
