Real Estate Unit 3 Quiz

The right of a government body to take ownership of real estate for public use is called

• escheat

• eminent domain

• condemnation

• police power

One who has ownership rights of real estate that could continue forever and which provide that no other person can claim to be the owner or have any ownership control over the property has

• fee simple absolute

• life estate

• determinable fee

• condition subsequent

The owner of fee simple title to a vacant lot adjacent to a hospital decided to make a gift of the lot to the hospital. The deed conveyed ownership of the lot to the hospital "so long as it is used for hospital purposes." After completion of the gift, the hospital will own

• a fee simple absolute estate

• a license

• a fee simple determinable

• a leasehold estate

Your neighbors use your driveway to reach the garage on their property. Your attorney explains that the neighbors' real estate includes an easement appurtenant giving them the right to do this. Your property is

• the leasehold interest

• the dominant tenement

• the servient tenement

• the license property

A license is an example of

• an easement appurtenant

• an encroachment

• a personal privilege

• a restriction

An easement appurtenant

• terminates with the sale of the property

• is a right-of-way for a utility company

• is revocable

• runs with the land

A property on Main Street that was formerly a retail store will become the site of a new city hall, made possible by the government's power of

• escheat

• possibility of reverter

• eminent domain

• taxation

Which of the following is an example of governmental power?

• Escheat

• CC&Rs

• License

• Lis pendens

A property owner who has the legal right to use a neighbor's land holds

• an estate in land

• an easement

• a police power

• an encroachment

Which of the following is a legal life estate?

• Leasehold

• Fee simple absolute

• Homestead

• Determinable fee