Question
Question 6 Saved A limited, revocable privilege in contract to use the land of another is known as a: Question 6 options: profit fee tail
Question 6
Saved
A limited, revocable privilege in contract to use the land of another is known as a:
Question 6 options:
profit | |
fee tail | |
easement | |
license |
Question 7
Jerry owned 5 acres of land known as Redacre. Jerry gave his property to Kramer saying "you may have Redacre for the rest of your life and upon your death Redacre shall be given to George."
Which of the following statements best describes Kramer's and George's interests in Redacre?
Question 7 options:
Kramer has fee simple absolute and George has a reversion | |
Kramer has a life estate and George has a remainder | |
Kramer has a life estate and George has a life estate pur autre vie | |
Kramer has fee simple absolute and George has a life estate | |
Kramer has a life estate pur autre vie and George has a fee tail. |
Question 8
A tenancy for an indefinite period of time that may be terminated at any time by landlord or tenant is called a:
Question 8 options:
tenancy for years | |
tenancy at sufferance | |
periodic tenancy | |
tenancy at will |
Question 9
Nissan Motors purchased the right to place their Billboard on Janet's land, Greenacre.
Nissan's interest in Greenacre is best described as a/an:
Question 9 options:
profit | |
license | |
dominant tenement | |
easement |
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