Marquette's real estate study guide with
complete solutions latest 2025/2026
fixture - correct answersPersonal property that, by its attachment to real property, is
regarded as real estate is called
Immovable, indestructible, unique, scarce - correct answersWhich of the following lists
correctly describes the physical and economic characteristics of real estate?
Fee Simple Estate - correct answersIf a person has complete control over their
property, and the ownership in the property is not defeasible, what interest does the
person have in the property?
Accession, accretion, alluvium - correct answersUlyanna and Daniel own two
contiguous properties situated on the shores of a fast-moving river. Ulyanna's parcel is
situated upstream from Daniel's parcel. Over time, the action of the river's water has
moved some silt and dirt from the shores of Ursula's property and deposited it
downstream on the shores of Daniel's property. Based upon this fact pattern, which of
the following lists best describes what has occurred on Daniel's property?
Equity - correct answersWhich of the following is the difference between the value of a
property and the total amount of liens against the property?
Both the life tenant and the remainderman will need to sign the loan documents to
protect the lender's security interest in the property. - correct answersA parcel of
residential real estate is held in a life estate. The life tenancy is held by a woman, and
she is the measuring life. Her nephew is the remainderman. The life tenant wants to
take out a loan using the property as collateral. Which of the following statements is
correct?
Ownership in Severalty - correct answersThere are four separate, recently-sold parcels
of real estate on Main Street. Parcel 1 was owned by a Real Estate Investment Trust
and was voluntarily conveyed to the City where the property is situated. Parcel 2 was
owned by four unmarried brothers and was voluntarily conveyed to their father. Parcel 3
was owned by two corporations, until one corporation recently sold its ownership
interest in the property to the other corporation. Parcel 4 was owned by Mr. and Mrs.
Kim, but was recently sold to Amanda Lee, Trustee of the Lee Family Revocable Trust.
What do all of these buyers have in common?
must commence and finish at the same identifiable point - correct answersA metes-and
-bounds legal description
Servient Tenement - correct answersYour neighbors use a portion of your property to
reach their guest apartment, which is on their property. As far as you can recall, you
never gave them permission to use your property, and you discuss with your attorney
the possibility of preventing the neighbors from using your property. Your attorney
explains that the ownership of the neighbors' real estate includes an easement
, Marquette's real estate study guide with
complete solutions latest 2025/2026
appurtenant giving them the right to use that portion of your property. Your property is
the:
The owner of Parcel North. An easement appurtenant cannot unilaterally be terminated
by the servient tenement. - correct answersThe owner of a large parcel of real estate
legally divided it into two smaller parcels. Parcel North was directly to the north of Parcel
South. The only road in the area bordered Parcel South. The owner intended to keep
Parcel North, and wanted to prevent it from becoming landlocked. In the deed to the
buyer of Parcel South, the owner reserved a non-exclusive easement for ingress and
egress purposes over the westerly 8 feet of Parcel South. After both parcels were sold
to two new owners, the new owner of Parcel South fenced in the entire parcel, making
ingress and egress over the westerly 8 feet impossible for the new owner of Parcel
North. In a lawsuit between the new owner of Parcel North and the new owner of Parcel
South, who will most likely win?
eminent domain - correct answersA county government was widening a highway. Prior
to construction, the county had to demolish certain dwelling houses and commercial
retail properties bordering the old highway. After the legal proceedings were complete,
several residential property owners refused to leave their former homes. The sheriff
removed several individuals forcibly. In one case, the sheriff was forced to drag an
elderly, protesting woman out of a house she had owned for decades. What is the name
of the governmental power?
No - correct answersAre there nationwide or statewide zoning laws
zoning laws - correct answerslaws in a city or town that designate certain areas, or
zones, for residential and business use
Zoning laws were designed primarily to - correct answersseparate functions within a city
Zoning laws are set at a _______________________. - correct answersLocal level
Blockbusting - correct answersThe illegal and discriminatory practice of _____________
occurs when one person induces another to enter into a real estate transaction by
insinuating that the real property values in neighborhood will decline as a result of a
member of a protected class buying property in that neighborhood.
Blockbusting - correct answersIllegal practice of inducing homeowners to sell their
properties by telling them that a certain people of a certain race, national origin or
religion are moving into the area
Redling - correct answersIntentionally not loaning money in transition neighborhoods
complete solutions latest 2025/2026
fixture - correct answersPersonal property that, by its attachment to real property, is
regarded as real estate is called
Immovable, indestructible, unique, scarce - correct answersWhich of the following lists
correctly describes the physical and economic characteristics of real estate?
Fee Simple Estate - correct answersIf a person has complete control over their
property, and the ownership in the property is not defeasible, what interest does the
person have in the property?
Accession, accretion, alluvium - correct answersUlyanna and Daniel own two
contiguous properties situated on the shores of a fast-moving river. Ulyanna's parcel is
situated upstream from Daniel's parcel. Over time, the action of the river's water has
moved some silt and dirt from the shores of Ursula's property and deposited it
downstream on the shores of Daniel's property. Based upon this fact pattern, which of
the following lists best describes what has occurred on Daniel's property?
Equity - correct answersWhich of the following is the difference between the value of a
property and the total amount of liens against the property?
Both the life tenant and the remainderman will need to sign the loan documents to
protect the lender's security interest in the property. - correct answersA parcel of
residential real estate is held in a life estate. The life tenancy is held by a woman, and
she is the measuring life. Her nephew is the remainderman. The life tenant wants to
take out a loan using the property as collateral. Which of the following statements is
correct?
Ownership in Severalty - correct answersThere are four separate, recently-sold parcels
of real estate on Main Street. Parcel 1 was owned by a Real Estate Investment Trust
and was voluntarily conveyed to the City where the property is situated. Parcel 2 was
owned by four unmarried brothers and was voluntarily conveyed to their father. Parcel 3
was owned by two corporations, until one corporation recently sold its ownership
interest in the property to the other corporation. Parcel 4 was owned by Mr. and Mrs.
Kim, but was recently sold to Amanda Lee, Trustee of the Lee Family Revocable Trust.
What do all of these buyers have in common?
must commence and finish at the same identifiable point - correct answersA metes-and
-bounds legal description
Servient Tenement - correct answersYour neighbors use a portion of your property to
reach their guest apartment, which is on their property. As far as you can recall, you
never gave them permission to use your property, and you discuss with your attorney
the possibility of preventing the neighbors from using your property. Your attorney
explains that the ownership of the neighbors' real estate includes an easement
, Marquette's real estate study guide with
complete solutions latest 2025/2026
appurtenant giving them the right to use that portion of your property. Your property is
the:
The owner of Parcel North. An easement appurtenant cannot unilaterally be terminated
by the servient tenement. - correct answersThe owner of a large parcel of real estate
legally divided it into two smaller parcels. Parcel North was directly to the north of Parcel
South. The only road in the area bordered Parcel South. The owner intended to keep
Parcel North, and wanted to prevent it from becoming landlocked. In the deed to the
buyer of Parcel South, the owner reserved a non-exclusive easement for ingress and
egress purposes over the westerly 8 feet of Parcel South. After both parcels were sold
to two new owners, the new owner of Parcel South fenced in the entire parcel, making
ingress and egress over the westerly 8 feet impossible for the new owner of Parcel
North. In a lawsuit between the new owner of Parcel North and the new owner of Parcel
South, who will most likely win?
eminent domain - correct answersA county government was widening a highway. Prior
to construction, the county had to demolish certain dwelling houses and commercial
retail properties bordering the old highway. After the legal proceedings were complete,
several residential property owners refused to leave their former homes. The sheriff
removed several individuals forcibly. In one case, the sheriff was forced to drag an
elderly, protesting woman out of a house she had owned for decades. What is the name
of the governmental power?
No - correct answersAre there nationwide or statewide zoning laws
zoning laws - correct answerslaws in a city or town that designate certain areas, or
zones, for residential and business use
Zoning laws were designed primarily to - correct answersseparate functions within a city
Zoning laws are set at a _______________________. - correct answersLocal level
Blockbusting - correct answersThe illegal and discriminatory practice of _____________
occurs when one person induces another to enter into a real estate transaction by
insinuating that the real property values in neighborhood will decline as a result of a
member of a protected class buying property in that neighborhood.
Blockbusting - correct answersIllegal practice of inducing homeowners to sell their
properties by telling them that a certain people of a certain race, national origin or
religion are moving into the area
Redling - correct answersIntentionally not loaning money in transition neighborhoods
