David Saks: July 2012

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 1770

                                                  #1770

When we talk about a title which is taken in fee simple we're talking about a title that lasts forever and can be inherited or disposed of according to the owners wishes.

Is this true or false ?

Take your time. Thye solution is posted below the wildlife photo.

wildlife

A. True

Whenever a title is taken in fee simple the owner is entitled to the full range of the bundle of legal rights which accompany the title, which include all of the rights which come with ownership of the property which include the rights to lease, enjoy, will the property to heirs, sell it or forget it.




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • July 30 2012 09:26AM
Real Estate Practice : Lesson 1770
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#1770 When we talk about a title which is taken in fee simple we're talking about a title that lasts forever and can be inherited or disposed of according to the owners wishes. Is this… more
Real Estate Practice : Lesson 1769
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#1769 When one considers the four unities of possession, interest, time and title these unities are necessary to create a tenancy in common. Is this true or false Take your… more
Real Estate Practice : Lesson 1768
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#1768 If a title is conveyed and a condition is written into the conveyance stating that no flea market activities may be held on the property this type of title is called a life estate… more
Real Estate Practice : Lesson 1767
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#1767 When we speak of condominiums condominiums are individual housing units that have common areas that are owned in joint tenancy. Is this true or false Take your time. The… more
Real Estate Practice : Lesson 1766
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#1766 When we speak of a unit in a cooperative we're talking about a unit that is also owned as a tenancy in common and shared by all of the residents of the building in which it is housed. … more
Real Estate Practive : Lesson 1765
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#1765 When real property is acquired a specific right accompanies it and this right is referred to as a fixture. Is this true or false Take your time on this really tough question… more
Real Estate Practice : Lesson 1764
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#1764 When a landowner has water flowing through his or her land the landowner's rights to that water are known as easement rights. Is this true or false Remember to take… more
Real Estate Practice : Lesson 1763
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#1763 Because drapes are so important when considering the treament of a window they are considered real property. Is this true or false Take your time on this tough… more
Real Estate Practice : Lesson 1762
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#1762 If there's one thing that we can compare real estate to it's personal property. Is this true or false Take your time. The solution is posted below the wildlife photo. .. more
Real Estate Practice : Lesson 1761
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#1761 Articles and items that are installed by tenants on real estate for use in a business are considered to be easments and fructalis. Is this true or false Take your time on… more