BL Chapter 18.1 review

BL Chapter 18.1 review

10th - 12th Grade

15 Qs

quiz-placeholder

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BL Chapter 18.1 review

BL Chapter 18.1 review

Assessment

Quiz

Business

10th - 12th Grade

Medium

Created by

Jennifer Sams

Used 16+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Realty includes the * rights when purchasing land (in most states)

minerals

water

air space

all of these

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The doctorine of capture grants the ownership of fluid minerals to the party who extracts them.

true

false

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

real property includes (select all that apply)

land

fixtures

trailer/mobile home

a shed that is cemented in

cars

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The party who transfers ownership powers is the

grantee

grantor

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The transaction where an estate is transferred from the grantor to the grantee by deed is

fee simple absolute

conveyance

inheritance

dedication

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Giving real property to the government to use as a park is an example of

eminant domain

dedication

inheritance

conditional estate

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Another term for tenancy

Non-freehold estate

Fee simple absolute

Conditional estate

Life estate

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