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TN REAL ESTATE EXAM TERMS TO MASTER
WITH QUESTIONS AND 100% CORRECT
ANSWERS|| LATEST AND COMPLETE VERSION
2025 2026 WITH EXPERT VERIFIED SOLUTIONS||
ASSURED PASS
Easements
An interest in or right to use another individuals land or property
(generally for a specific limited purpose, type of encumbrance, can be
granted to public entities or private individuals)
Easement Appurtenant
When two parties own adjacent land parcel and one owner has been
granted to RIGHT TO CROSS the others land. Can't be discontinued by
a new property owner
Appurtenances
rights that run with real property ownership; typically transferred with
the property, but possible to sell separately (water, subsurface, mineral
rights)
Dominant tenement
Party benefiting from the easement
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Servient tenement
Party burdened by the easement
Easement in Gross
An entity/individuals personal RIGHT to use a specific portion of the
property - not tied to any specific property (utility company)
Memory trick for Easement in Gross vs. Easement Appurtenances
(Utility) people are GROSS, land is PERMANENT
Floating Easement
Easement appurtenant that does NOT have clearly defined borders
(dominant tenement can cross where they want)
Easement by Necessity
An easement granted by law as it's necessary for the landlocked person
to gain access to their parcel of land
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Conservation Easement
Voluntary easement created to preserve land from development
Easement by Prescription
Easement granted after continuous & open use of a property over a
prescribed period of time. Must be WITHOUT the owner's
approval/objectification (but with their knowledge)
Adverse Possession
The open, notorious, adverse, & hostile (obvious & w/o consent)
possession & use of another's land, leading to the owner's loss of title to
another person who has some claim to their land
Classification for performance
Operation of law
How does the VA pay for loan guarantees
Funding fee
TN REAL ESTATE EXAM TERMS TO MASTER
WITH QUESTIONS AND 100% CORRECT
ANSWERS|| LATEST AND COMPLETE VERSION
2025 2026 WITH EXPERT VERIFIED SOLUTIONS||
ASSURED PASS
Easements
An interest in or right to use another individuals land or property
(generally for a specific limited purpose, type of encumbrance, can be
granted to public entities or private individuals)
Easement Appurtenant
When two parties own adjacent land parcel and one owner has been
granted to RIGHT TO CROSS the others land. Can't be discontinued by
a new property owner
Appurtenances
rights that run with real property ownership; typically transferred with
the property, but possible to sell separately (water, subsurface, mineral
rights)
Dominant tenement
Party benefiting from the easement
,2|Page
Servient tenement
Party burdened by the easement
Easement in Gross
An entity/individuals personal RIGHT to use a specific portion of the
property - not tied to any specific property (utility company)
Memory trick for Easement in Gross vs. Easement Appurtenances
(Utility) people are GROSS, land is PERMANENT
Floating Easement
Easement appurtenant that does NOT have clearly defined borders
(dominant tenement can cross where they want)
Easement by Necessity
An easement granted by law as it's necessary for the landlocked person
to gain access to their parcel of land
, 3|Page
Conservation Easement
Voluntary easement created to preserve land from development
Easement by Prescription
Easement granted after continuous & open use of a property over a
prescribed period of time. Must be WITHOUT the owner's
approval/objectification (but with their knowledge)
Adverse Possession
The open, notorious, adverse, & hostile (obvious & w/o consent)
possession & use of another's land, leading to the owner's loss of title to
another person who has some claim to their land
Classification for performance
Operation of law
How does the VA pay for loan guarantees
Funding fee
