CHAPTER 8 REVIEW

  1. Three legal rights contained in the bundle of rights include ___, ___, and ___.
    disposition, use, exclusion
  2. ___ rights allow a property owner whose property borders on a river or stream the use of the water.
    Riparian
  3. Freehold estates involve ___ by the tenant.
    ownership
  4. The four unities required to create a joint tenancy are ___, ___, ___ and ___.
    possession, interest, time, title
  5. A ___ and ___ may hold a tenancy by the entireties.
    husband, wife
  6. A joint tenancy and a tenancy by the entireties both include a right of ___.
    survivorship
  7. ___ days' notice is required to terminate a week-to-week tenancy at will.
    Seven
  8. A tenancy for years must have a definite beginning date and a definite ___ ___.
    ending date
  9. The estate that may be created by the same or different deeds is the tenancy ___ ___.
    in common
  10. If title passes upon the death of a life tenant to a party other than the original grantor, the party who receives the ownership rights is called a ___.
    remainderman
  11. The right to occupy specific space granted by a cooperative association is known as a ___ ___.
    proprietary lease
  12. The document that creates a condominium is the ___.
    declaration
  13. Ownership of ___ ___ ___ distinguishes ownership in a cooperative association.
    shares of stock
  14. A time sharing concept that allows use but not ownership is referred to as a ___ ___ or ___ ___ ___.
    vacation lease, right to use
  15. Property that is exempt from execution of foreclosure to satisfy a personal debt of the head of the household can be up to one-half acre within a city or up to ___ acres outside a city.
    160
Author
mccullochhelen
ID
331984
Card Set
CHAPTER 8 REVIEW
Description
REVIEW QUESTIONS
Updated