FRECI_8-4 - Lecture Preview Florida Real Estate Commission...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Florida Real Estate Commission Course I Pre-Licensing Course for Sales Associates Session 8 – Lecture 4 Property Rights: Estates and Tenancies; Condos, Co-ops, and Time-Shares Copyright, 2004 2 Lecture Preview What will you learn from this lecture? Ownership rights in real property Ownership estates (interests) in real property Copyright, 2004 3 Vocabulary Terms Fee simple estate Freehold estate Life estate Remainderman 4 General Property Rights Disposition Disposition Exclusion Use Possession Use Possession Exclusion These rights can be divided depending upon the type of estate involved A “Bundle of Rights” Copyright, 2004 5 Estates in Real Property Estates (Tenancies) Ownership Estates (Freeholds) Ownership without Inheritance Ownership with Inheritance Fee Simple Life Estate Non-ownership Estates (Leaseholds) Estate for Years Tenancy at Will Tenancy at Sufferance Copyright, 2004 6 Freehold Estates Life Estate with Remainderman Freehold Estates Fee Simple (Fee) (Fee Simple Absolute)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
2 Copyright, 2004 7 Fee Simple Estate The highest degree of
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/21/2011 for the course FREC 1000 taught by Professor Stallone during the Spring '08 term at University of Florida.

Page1 / 2

FRECI_8-4 - Lecture Preview Florida Real Estate Commission...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online