Explore the fundamentals of property ownership in 'Section 3: Ownership of Real Property'. This quiz covers key concepts such as legal entities, types of ownership, and roles in property law, enhancing your understanding of real estate ownership rights.
True
False
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Ownership
Title
Possession
Leasehold
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Storage Select, LLC
Billy & Gena's Storage, LP
Johns Storage, Inc.
The Harrison Family Revocable Trust
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True
False
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Own property
Enter into agreements
Incur and pay debts
Vote
Sue and be sued
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Owners
Partners
Members
Proprietors
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Assessor
Recorder
SOS
GIS
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An individual
A government agency
A corporation
A partnership
A trust
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Total
Complete
Fee Simple
Unchallenged
Leasehold
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Trustee
Beneficiary
Trustor
Member
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