Question
1)A lease from January 1 to January 31 is a periodic tenancy. True False 2) All fee simple estates are absolute estates that create no
1)A lease from January 1 to January 31 is a periodic tenancy.
True
False
2)
All fee simple estates are absolute estates that create no future interests in property.
True
False
3)
Ownership in severalty means that only one person owns the property.
True
False
4)
n the life estate of A to B for the life of X, when X dies, B owns the estate free and clear.
True
False
5)
A grant to B so long as it used for commercial purposes is an example of a fee simple subject to condition subsequent estate.
True
False
6)
A broker who does not have a contractual relationship with a party may still owe certain fiduciary duties.
True
False
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