Property Law

Personal property that becomes permanently attached to land or a building is a

• fixture

• structure

• future

• suture

Which of the following is not a type of real property ownership?

• joint tenancy

• tenancy by the entirety

• tenancy in common

• tenancy by joint

The right of one joint tenant to ownership of property when the other joint tenant dies is

• tenancy in common

• right of survivorship

• right of passage

• eminent domain

Which of the following is a way that real property can be transferred?

• a gift

• a sales transaction

• probate process

• all of the above

The occupation of land to which another person has title with the intention of keeping it as one's own

• Adverse possession

• Eminent domain

• Periodic Tenancy

• Mutual benefit bailment

The formal written document used to transfer legal ownership of real property

• Bailment

• Tenancy

• Landlord

• Deed

A thing, real or personal, tangible or intangible, that is subject to ownership and a group of related legal rights

• Property

• Mortgage

• Lease

• Deed

Money held by the bank that holds the mortgage to pay property taxes and insurance

• deed

• mortgage escrow

• down payment

• instrument survey

A map of the property that seller obtains from professional surveyers to show unencumbered property is the

• easement

• mortgage

• instrument survey

• zoning regulations

Betty lives on a property that is part of a homeowner's association that takes care of common areas, such as a pool and gym, to which property owners have rights. This is a/an

• condominium or townhouse

• apartment

• mansion

• broker