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Question 1
A parcel of real property can be divided by...
Correct
Incorrect!
Correct
Incorrect!
Correct
Incorrect!
Correct A parcel of real property can be divided by space (physically dividing the property), occupancy (by allowing both owners to have possession of the property) and by time (by having one party own a current interest in the property and another own a future interest). Therefore D is the correct answer.
Incorrect! A parcel of real property can be divided by space (physically dividing the property), occupancy (by allowing both owners to have possession of the property) and by time (by having one party own a current interest in the property and another own a future interest). Therefore D is the correct answer.
Question 2
Which of the following is a non-freehold estate?
Correct
Incorrect!
Correct The fee simple, the fee tail and the life estate are all freehold estates. Therefore B is the correct answer.
Incorrect! The fee simple, the fee tail and the life estate are all freehold estates. Therefore B is the correct answer.
