PA ReAl estAte FundAmentAls exAm
Questions And AnsweRs (VeRiFied
AnsweRs) | lAtest uPdAte 2025 |
suRe to PAss!!
1. In a regular life estate, the duration of the estate is based on the -
ANSWER ✔ life of the grantee
2. The form(s) of concurrent ownership that allow(s) any co-owner to
sell his/her share without the consent of the other co-owners is/are
_____. - ANSWER ✔ joint tenancy AND tenancy in common
3. The "unity" which requires that concurrent tenants must acquire their
interest in the same way in the form of a single title is called the unity
of - ANSWER ✔ title
4. The form(s) of concurrent ownership that carry the right of
survivorship is/are - ANSWER ✔ joint tenancy
5. The form of concurrent ownership based on the concept that each
spouse has an equal interest in property acquired during the marriage
is called _____. - ANSWER ✔ community property
,6. "Partition in kind" refers to separating concurrent ownership by
_____. - ANSWER ✔ subdividing the property
7. A personal easement in gross is _____. - ANSWER ✔ not revocable
8. A commercial easement in gross is _____. - ANSWER ✔ transferable
9. A person holding a license to use another's land holds _____ interest
in the land. - ANSWER ✔ no legal
10. If a utility company holding a commercial easement is sold, the
easement _____. - ANSWER ✔ transfers to the new owner
11. In an easement appurtenance, the easement is granted by the owner
of the _____. - ANSWER ✔ servient estate
12. If a property which has a commercial easement in gross is sold, the
easement _____. - ANSWER ✔ remains in effect
13. Acquisition of property by continuous, uninterrupted, hostile
possession is called _____> - ANSWER ✔ adverse possession
,14. Lien priority on domestic support liens is determined by -
ANSWER ✔ the date that each support payment becomes overdue
15. A precisely identified location which serves as a reference point for
starting a land survey is called - ANSWER ✔ permanent reference
marker
16. If you encountered a legal description based on the government
rectangular survey system, you would most likely be in the -
ANSWER ✔ West or Midwest
17. In the government rectangular system, the largest unit of
measurement is the - ANSWER ✔ township
18. In a cooperative, the individual unit occupant owns - ANSWER ✔
no property
19. In a condominium development, each unit owner holds a fee
interest in _____ property. - ANSWER ✔ separate
20. The deed which a condominium owner holds to his/her unit is a
_____ deed. - ANSWER ✔ separate
, 21. In a timesharing development, the form of organization which
gives the buyer only the use of the property for a specified period
each year is called the _____ format. - ANSWER ✔ right-to-use
22. In a cooperative, someone becomes a unit occupant by _____. -
ANSWER ✔ buying stock
23. Planned unit developments are enabled by _____. - ANSWER ✔
zoning
24. Title is established by evaluating a(n) _____. - ANSWER ✔
Abstract of title
25. Acquiring property under the Torrens System requires _____. -
ANSWER ✔ a title certificate
26. Any encumbrances to a title under the Torrens System must be
entered _____. - ANSWER ✔ on the certificate of the title
27. The purpose of recording deeds is to give _____. - ANSWER ✔
constructive notice
Questions And AnsweRs (VeRiFied
AnsweRs) | lAtest uPdAte 2025 |
suRe to PAss!!
1. In a regular life estate, the duration of the estate is based on the -
ANSWER ✔ life of the grantee
2. The form(s) of concurrent ownership that allow(s) any co-owner to
sell his/her share without the consent of the other co-owners is/are
_____. - ANSWER ✔ joint tenancy AND tenancy in common
3. The "unity" which requires that concurrent tenants must acquire their
interest in the same way in the form of a single title is called the unity
of - ANSWER ✔ title
4. The form(s) of concurrent ownership that carry the right of
survivorship is/are - ANSWER ✔ joint tenancy
5. The form of concurrent ownership based on the concept that each
spouse has an equal interest in property acquired during the marriage
is called _____. - ANSWER ✔ community property
,6. "Partition in kind" refers to separating concurrent ownership by
_____. - ANSWER ✔ subdividing the property
7. A personal easement in gross is _____. - ANSWER ✔ not revocable
8. A commercial easement in gross is _____. - ANSWER ✔ transferable
9. A person holding a license to use another's land holds _____ interest
in the land. - ANSWER ✔ no legal
10. If a utility company holding a commercial easement is sold, the
easement _____. - ANSWER ✔ transfers to the new owner
11. In an easement appurtenance, the easement is granted by the owner
of the _____. - ANSWER ✔ servient estate
12. If a property which has a commercial easement in gross is sold, the
easement _____. - ANSWER ✔ remains in effect
13. Acquisition of property by continuous, uninterrupted, hostile
possession is called _____> - ANSWER ✔ adverse possession
,14. Lien priority on domestic support liens is determined by -
ANSWER ✔ the date that each support payment becomes overdue
15. A precisely identified location which serves as a reference point for
starting a land survey is called - ANSWER ✔ permanent reference
marker
16. If you encountered a legal description based on the government
rectangular survey system, you would most likely be in the -
ANSWER ✔ West or Midwest
17. In the government rectangular system, the largest unit of
measurement is the - ANSWER ✔ township
18. In a cooperative, the individual unit occupant owns - ANSWER ✔
no property
19. In a condominium development, each unit owner holds a fee
interest in _____ property. - ANSWER ✔ separate
20. The deed which a condominium owner holds to his/her unit is a
_____ deed. - ANSWER ✔ separate
, 21. In a timesharing development, the form of organization which
gives the buyer only the use of the property for a specified period
each year is called the _____ format. - ANSWER ✔ right-to-use
22. In a cooperative, someone becomes a unit occupant by _____. -
ANSWER ✔ buying stock
23. Planned unit developments are enabled by _____. - ANSWER ✔
zoning
24. Title is established by evaluating a(n) _____. - ANSWER ✔
Abstract of title
25. Acquiring property under the Torrens System requires _____. -
ANSWER ✔ a title certificate
26. Any encumbrances to a title under the Torrens System must be
entered _____. - ANSWER ✔ on the certificate of the title
27. The purpose of recording deeds is to give _____. - ANSWER ✔
constructive notice
