Principle Lesson 2

Principle Lesson 2 - Lesson 2 Cumulative Quiz 1. Title to a...

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Lesson 2 Cumulative Quiz 1. Title to a city park is most likely held: D. in severalty 2. An estate is either: B. a freehold or a leasehold 3. A freehold estate whose duration is limited to the lifetime of a specified person is called: D. a life estate 4. Property is owned in severalty when: D. one person is the sole owner 5. If A grants a parcel of property to B for the life of C, then: A. B is the life tenant and C's life is the measuring life 6. A leasehold estate: A. gives the tenant the right of exclusive possession 7. A tenancy for a fixed term is called a: B. term tenancy 8. When a corporation owns property, title is held: A. in severalty, in the corporation's name 9. If a tenant who came into possession under a valid lease holds over without the landlord's permission after the lease has expired, it's called a: A. tenancy at sufferance 10. When property is held in joint tenancy, upon the death of one of the joint tenants, his or her interest in the property automatically: C. passes to the other joint tenant(s)
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11. Xavier gives Yolanda a life estate for the life of Zachary. Yolanda dies before Zachary
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Principle Lesson 2 - Lesson 2 Cumulative Quiz 1. Title to a...

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