Instant Download with all chapters and Answers
Sample Chapters
*you will get test bank in PDF in best viewable format after buy*
Chapter 2: Estates in Land
Test Bank
A. Multiple Choice
1. Those forms of ownership which include present possession and ownership for an indefinite or
unknown period of time:
A. Leasehold estate
B. Freehold estate
C. Non-freehold estate
D. Remainder estate
Answer: B
Objective: Describe the types of freehold estates.
Level: Basic
2. Which of the following types of estates is not a freehold estate?
A. Fee simple by sufferance
B. Fee simple absolute
C. Fee simple determinable
D. Life estate
Answer: A
Objective: Describe the types of freehold estates.
Level Basic
3. The most comprehensive of the freehold estates where the owner holds the estate without
restriction or limitation of any kind:
A. Life estate
B. Fee simple determinable
C. Fee simple conditional
D. Fee simple absolute
Answer: D
Objective: Describe the types of freehold estates.
Level: Intermediate
4. Barb leaves her house to Bob by will. She owns the land in fee simple. Her estate will transfer
title to the house to Bob by means of a:
A. Covenant
B. Deed
C. Contract
D. Mortgage
Answer: B
Objective: Describe the types of freehold estates.
Level: intermediate
5. Some freehold estates may end upon the occurrence of a future event that was specified by the
grantor when land was transferred. These are known as:
A. Non-freehold estates
B. Tenured estates
C. Defeasible fee simple estates
D. Indefeasible fee simple estates
Answer: C
Objective: Describe the types of freehold estates.
Level: Difficult
6. Because of the harsh consequences of the fee simple determinable estate, most jurisdictions
have abolished it in favor of the:
A. Fee simple conditional
B. Fee simple absolute
C. Fee simple subject to a condition precedent
D. Fee simple by sufferance
Answer: A
Objective: Describe the types of freehold estates.
Level: Difficult
7. The major distinction between a fee simple determinable and a fee simple conditional lies in:
A. How the estate was created
B. The rights granted under the estate
C. The measuring life of the estate
D. The termination of the estate
Answer: D
Objective: Describe the types of freehold estates.
Level: Difficult
8. The designated individual whose lifetime will determine the length of the life estate is the:
A. Life tenant
B. Grantor
C. Measuring life
D. Remainderman
Answer: C
Objective: Describe the types of freehold estates.
Level: Intermediate
9. A freehold estate where Bill conveys real property “to Cynfartha for the life of Rocco”:
A. Life estate
B. Life estate pur autre vie
C. Fee simple estate
D. Life estate subject to a condition precedent
Answer: B
Objective: Describe the types of freehold estates.
Level: Intermediate
10. If Bart conveys his fee simple estate “to Maggie for her life”, then upon Maggie’s death:
A. The estate passes to Maggie’s heirs through a remainder interest
B. The estate reverts to Bart
C. The estate passes to Maggie’s heirs, but if she has no heirs, the estate escheats to the
state
D. The estate reverts to Bart unless Bart predeceases Maggie; then the estate passes to
Maggie’s heirs
Answer: B
Objective: Describe the types of freehold estates.
Level: Difficult
11. An estate in real property which has a definite time period and is limited to protecting
possessory rights:
A. Freehold estate
B. Fee simple estate
C. Life estate
D. Leasehold estate
Answer: D
Objective: Describe the types of non-freehold estates
Level: Basic
12. Owners of non-freehold estates include:
A. Lessees
B. Lessors
C. Mortgagors
D. Mortgagees
Answer: A
Objective: Describe the types of non-freehold estates
Level: Basic
13. A leasehold interest of a specific duration, no matter how long or how short, is typically
referred to as a:
A. Periodic tenancy
B. Tenancy for years
C. Tenancy at will
D. Dower and curtesy
Answer: B
Objective: Describe the types of non-freehold estates
Level: Basic
14. A leasehold interest with no stated duration, but requiring rental payments be made at
particular intervals is typically referred to as a:
A. Tenancy by sufferance
B. Tenancy at will
C. Tenancy by covenant
D. Periodic tenancy
Answer: D
Objective: Describe the types of non-freehold estates
Level: Basic
15. This leasehold is created when a tenant retains possession after the expiration of a valid
tenancy:
A. Tenancy by sufferance
B. Tenancy at will
C. Tenancy by covenant
D. Periodic tenancy
Answer: A
Objective: Describe the types of non-freehold estates
Level: Basic
16. In this informal leasehold arrangement, the landlord allows the tenant to stay on a month-tomonth basis and either party may terminate the arrangement at any time:
A. Tenancy at will
B. Tenancy for years
C. Tenancy by sufferance
D. Periodic tenancy
Answer: A
Objective: Describe the types of non-freehold estates
Level: Basic
17. Rafe enters into a lease with a duration of thirty months. This lease is best characterized as a:
A. Periodic tenancy
B. Tenancy for years
C. Tenancy at will
D. Tenancy by sufferance
Answer: B
Objective: Describe the types of non-freehold estates
Level: Basic
18. Greg enters into a lease. At one point, he is considered a holdover tenant. What type of
leasehold estate is most likely present?
A. Tenancy for years
B. Tenancy at will
C. Tenancy by sufferance
D. Periodic tenancy
Answer: C
Objective: Describe the types of non-freehold estates
Level: Intermediate
19. Which of the following is not true about the rights and duties of landlords and tenants?
A. The landlord must guarantee the premises will be in a habitable condition
B. The tenant has the right to occupy and use the land in any way she wishes without
interference
C. The tenant is obligated to pay the stated rental payment
D. Many of the rights and duties of landlords and tenants depend on the terms of the
written lease agreement
Answer: B
Objective: Describe the types of non-freehold estates
Level: Basic
20. Mark’s lease expires, yet he continues to pay rent each month, which the landlord accepts.
This most likely creates:
A. A tenancy for years
B. A tenancy indeterminable
C. A tenancy by sufferance
D. A periodic tenancy
Answer: D
Objective: Describe the types of non-freehold estates
Level: Basic
21. Which of the following conveyances would most likely create a fee simple absolute?
A. To Fanny, for the life of William
B. To Fanny, her heirs and assigns forever
C. To Fanny for life, then to Fred for life
D. To fanny for as long as she uses the land as a bird sanctuary
Answer: B
Objective: Describe the types of freehold estates.
Level: Intermediate
22. Mr. Green conveys Blackacre to Betty “so long as the land is used for a charitable hospital.”
Betty’s interest is best characterized as a:
A. Fee simple determinable
B. Fee simple absolute
C. Fee simple in perpetuity
D. Fee simple pur autre vie
Answer: A
Objective: Describe the types of freehold estates.
Level: Intermediate
23. Chip conveys land to Dave “for Dave’s life.” Chip has:
A. A remainder interest
B. A present interest
C. A reversionary interest
D. No interest
Answer: C
Objective: Describe the types of freehold estates.
Level: Intermediate
24. Simon conveys Whiteacre “to Art for life, then to Art’s heirs and assigns forever.” Simon
has:
A. A remainder interest
B. A present interest
C. A reversionary interest
D. No interest
Answer: D
Objective: Describe the types of freehold estates.
Level: Intermediate
25. Fay owns a building which she converts into individual apartments. She transfers the right of
possession by way of a lease agreement to tenants, who then rent the apartments. Fay’s status is
best characterized as a:
A. Lessor
B. Lessee
C. Mortgagor
D. Mortgagee
Answer: A
Objective: Describe the types of non-freehold estates
Level: Basic
B. True/False
1. Non-freehold estates include possession and ownership for an indefinite period of time.
A. True
B. False
Answer: F
Objective: Describe the types of freehold estates.
Level: Basic
2. A fee simple absolute is the most common way that real estate is owned.
A. True
B. False
Objective: Describe the types of freehold estates.
Level; Basic
3. A life estate is a freehold estate.
A. True
B. False
Answer: A
Objective: Describe the types of freehold estates.
Level: Basic
4. A deed is the written document which is used to transfer an estate or title to realty.
A. True
B. False
Answer: A
Objective: Describe the types of freehold estates.
Level: Basic
5. The fee simple determinable is prone to the unfair outcome of automatic termination of the
estate.
A. True
B. False
Answer: A
Objective: Describe the types of freehold estates.
Level: Intermediate
6. Land that returns to the grantor at the termination of a life estate is known as a remainder
interest.
A. True
B. False
Answer: B
Objective: Describe the types of freehold estates.
Level: Difficult
7. A life estate measured by the life of someone other than the grantee is known as a fee simple
by sufferance.
A. True
B. False
Answer: B
Objective: Describe the types of freehold estates.
Level: Intermediate
8. A present interest is the right to currently own, possess, and enjoy the property.
A. True
B. False
Answer: A
Objective: Describe the types of freehold estates.
Level: Basic
9. A party with a remainder interest may enforce the duties imposed on the life tenant.
A. True
B. False
Answer: A
Objective: Describe the types of freehold estates.
Level: Basic
10. The value of a life estate is a function of the life expectancy of the measuring life.
A. True
B. False
Answer: T
Objective: Describe the types of freehold estates.
Level: Intermediate
11. Curtesy was the life estate right that a husband had in his wife’s estate upon her death.
A. True
B. False
Answer:
Objective: Describe the types of freehold estates.
Level: Intermediate
12. Leasehold estates have a definite time period and are limited to present possessory rights.
A. True
B. False
Answer: A
Objective: Describe the types of non-freehold estates
Level: Basic
13. A tenancy for years is a form of freehold estate.
A. True
B. False
Answer: B
Objective: Describe the types of non-freehold estates
Level: Basic
14. The lessee in a tenancy by sufferance is also referred to as a remainderman.
A. True
B. False
Answer: B
Objective: Describe the types of non-freehold estates
Level: Intermediate
15. A tenancy at will is typically an informal lease agreement.
A. True
B. False
Answer: A
Objective: Describe the types of non-freehold estates
Level: Basic
C. Short Answer
1. Explain the differences between a freehold and a non-freehold estate.
Answer: Freehold estates are forms of ownership which include present possession and
ownership for an indefinite or unknown period of time. Freehold estates may have other
conditions or limitations on the use or the possession of the property. A non-freehold, or,
leasehold estate is an estate in real property which has no definite time period and is limited to
present possessory rights only.
Objective: Describe the types of freehold estates.
Level: Basic
2. Distinguish between a fee simple determinable and a fee simple conditional. Why have some
states abolished the fee simple determinable?
Answer: A fee simple determinable tends to limit the use of the property to a particular purpose.
A fee simple conditional tends to permit all uses except the one described. A fee simple
determinable ends automatically with the land reverting to the original owner, heirs, or estate. A
fee simple conditional does not end until
the original owner, heirs, or estate takes legal action to re-enter and re-possess the land. Because
of the potential the unfair outcome of an automatic termination, many states have abolished the
fee simple determinable in favor of the fee simple conditional.
Objective: Describe the types of freehold estates.
Level: Intermediate
3. Compare and contrast the present and future interests in a life estate.
Answer: A present interest is the right to currently own, possess, use, and enjoy the property. A
future interest is the right to own the property at some unknown time in the future. In a future
interest, possession, use, and enjoyment are deferred until the future. A future interest can be a
reversion to the grantor, or a remainder to a third party.
Objective: Describe the types of freehold estates.
Level: Basic
4. List and describe the non-freehold estates.
Answer: a. A tenancy for years is any leasehold interest of a specific duration, no matter how
long or how short; b. A periodic tenancy is a leasehold with no stated duration of the lease
period, but rental payments are due at particular intervals; c. A tenancy at will also known as an
estate at will is an informal lease agreement where the landlord allows the tenant to stay on a
month-to-month basis and which may be terminated at anytime by the landlord or the tenant; d.
A tenancy by sufferance is created when a tenant retains possession after expiration of a valid
tenancy.
Objective: Describe the types of non-freehold estates
Level: Basic
D. Matching
Match the type of estate with its description:
1. Fee Simple Absolute A. A freehold estate that terminates upon the
occurrence of a future event specified by the
grantor when title to the land was transferred.
2. Fee Simple Determinable B. A freehold estate limited in duration to the
life of a designated individual whose lifetime
will determine the length of the estate.
3. Freehold Estate C. An type of estate that includes possession
and ownership for an indefinite period of time.
4. Non-freehold Estate D. A freehold estate without limitation or
restriction of any kind for an indefinite period
of time for the life of the owner.
5. Life Estate E. A life estate measured by a life other than
the life tenant.
6. Pur Autre Vie F A leasehold estate that includes possession
for a definite period of time, but not
ownership.
Answers:
1. D
2. A
3. C
4. F
5. B
6. E
Objective: Describe the types of freehold estates.
Level: Basic
Match the term with its description:
1. Reversion A. Anything a life tenant does that would
interfere with, detract from or impact
negatively upon the value of the property.
2. Remainder B. The right to own property at some unknown
time in the future.
3. Present Interest C. A future interest in which the estate goes
back to the grantor once the life tenant dies
4. Future Interest D. The right to currently own, possess, use and
enjoy the property
5. Waste E. A future interest in which an estate is
conveyed to the heirs and assigns of a life
tenant once the life tenant dies.
Answers:
1. C
2. E
3. D
4. B
5. A
Objective: Describe the types of freehold estates.
Level: Basic
Match the non-freehold estate with its description:
1. Tenancy for Years A. An informal lease arrangement where the
landlord allows a tenant to stay on a month-tomonth basis and which may be terminated at
any time by the landlord or the tenant.
2. Periodic Tenancy B. A tenancy created when a tenant retains
possession after the expiration of a valid
tenancy.
3. Tenancy at Will C. Any leasehold interest of a specific duration,
no matter how long or how short.
4. Tenancy at Sufferance D. A leasehold with no stated duration of the
lease period, but rental payments are due at
particular intervals.
Answers:
1. C
2. D
3. A
4. B
Objective: Describe the types of non-freehold estates
Level: Basic
