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Real Estate Vocab Test (1-20)

Total questions: 20

Worksheet time: 3hrs 20mins

Name
Class
Date
1.

OR Rule

a)

personal property

b)

suffix implying giving ie...grantor, optionor, vendor

c)

incorporated into the land, real property

d)

moving water ex. River

2.

Runs with the property, generally immovable

a)

OR Rule

b)

Chattel Real

c)

Fixture

d)

Real Property

3.

Fee simple estate

a)

Absolute ownership, not free from all encumbrances ie. taxes

b)

unlimited in duration/ ownership

c)

has a condition that can cause loss of title

d)

increase the size of the property

4.

What is it called when water recedes, and new land is acquired

4 lines
5.

Life Estate

a)

water recedes, new land is acquired

b)

run with the land; goes with the property

c)

held by the grantor of the original conveyance

d)

Ownership based upon the life of another

6.

Suffix implying receiving ie... grantee, optionee, vendee

a)

OR Rule

b)

Trade Fixture

c)

Accretion

d)

EE Rule

7.

Estate in Reversion

a)

Not moving water ex. Lake

b)

unlimited in duration/ ownership

c)

held by the grantor of the original conveyance

d)

Incorporated into the land, real property

8.

What is it called when there is a sudden tearing away of land?

4 lines
9.

Littoral Rights

a)

Runs with the person, generally movable

b)

Not moving water ex. Lake

c)

Moving water ex. River

d)

Personal Property

10.

What is the term for Moving water ex. River?

a)

Riparian Rights

b)

Electoral Rights

c)

Right to own

d)

Accretion

11.

What is the term for Rights that are inherent in property ownership?

4 lines
12.

Holder of the life seat

a)

incorporated into the land, real property

b)

unlimited in duration/ ownership

c)

entitled to use property that is held in a life estate

d)

Ownership based upon the life of another

13.

What is the term for Run with the land; goes with the property

4 lines
14.

Incorporated into the land, real property

a)

Life Estate

b)

Trade Fixture

c)

Accretion

d)

Fixture

15.

Personal Property

a)

Runs with the person, generally movable

b)

Rights that are inherent in property ownership

c)

Runs with the property, generally immovable

d)

Business office, personal property

16.

Fee simple defeasible

a)

Has a condition that can cause loss of the title

b)

held by the grantor of the original conveyance

c)

Suffix implying giving ie... grantor, optionor, vendor

d)

Rights that are inherent in property ownership

17.

Increase the size of the property

a)

Life Estate

b)

Freehold Estate

c)

Accretion

d)

Avulsion

18.

Business office, personal property

a)

Fixture

b)

Trade Fixture

c)

Chattel Real

d)

Freehold Estate

19.

Unlimited in duration/ownership

a)

Fee Simple Defeasible

b)

Freehold Estate

c)

Fee Simple Estate

d)

Life Estate

20.

Chattel Real

a)

Real Property

b)

Incorporated with the land, real property

c)

Personal Property

d)

Runs with the property, generally immovable