Even More Help

Tell your fellow students to do the “Extra Help” first! If you can get through these, multiple-choice should be a piece of cake (Well, maybe not MY multiple-choice questions).

PROPERTY OWNERSHIP

1. What is an estate of at least a lifetime, or forever? Answer

2. An estate that is limited to the life of the owner or some other person (pur autre vie) is called what? Answer

3. If that reverts back to the grantor, what is it? Answer

4. What is it if it goes to a third party? Answer

5. What is that third party called? Hint Answer

CONTRACTS

1. What is a unilateral contract? Answer

2. Is a listing (Exclusive Right to Sell) a bilateral or unilateral contract? Answer

3. What are the best real estate examples of a unilateral contract? Answer

4. What are the parties in an option contract called? Answer

MORE PROPERTY OWNERSHIP

1. Easements, liens and deed restrictions are examples of what? Answers

2. What's an easement? Answer

3. What's an easement appurtenant? Answer

4. What’s the property that benefits from an appurtenant easement called? Answer

5. And the property the easement runs over? Answer

MORE CONTRACTS

1. When is a contract valid? Answer

2. If it’s missing one or more essential elements, then it is what? Answer

3. If it appears valid, but may be challenged by one or more parties, what is it? Answer

4. Under what circumstances might a contract be voidable? Answer

5. What if it is valid, but neither party can sue for performance? Answer

DEEDS

1. What's a Correction Deed/Deed of Confirmation? Answer

2. What's a Special Warranty Deed? Answer

3. General Warranty Deed? Answer

4. What kind of deed implies ownership, but makes no warranties? Answer

5. What's a Quitclaim Deed? Answer

MORE QUESTIONS ARE COMING (REALLY THEY ARE). COME BACK AGAIN.

Previous Page