Which one the following is true with regard to real property law?
A)Property includes only the land and not the buildings attached to it.
B)A legal, registered restrictive covenant that is negative in nature "runs with the land" (i.e., it can bind subsequent owners who were not parties to the original contract under which it arose).
C)A person who owns an interest less than an estate (e.g., a right of way) has a right to exclusive possession of that property.
D)The "leasehold estate" interest in land is the greatest interest that can be granted and bestows the rights to use or sell the property.
E)If two people own land as tenants in common, the surviving joint owner takes the interest of the deceased co-owner.

Question

Quizplus · Accepted Answer

A legal, registered restrictive covenant that is negative in nature "runs with the land" means it can bind subsequent owners who were not parties to the original contract under which it arose. This is a fundamental aspect of real property law.

The other answer choices are incorrect. Property includes both land and any buildings attached to it. A person who owns an interest less than an estate (e.g., right of way) does not have a right to exclusive possession of that property. The leasehold estate interest is a lesser interest than freehold and does not grant the right to sell the property. And when two people own land as tenants in common, the interest of the deceased co-owner passes to their estate, not the surviving joint owner.

Which One the Following Is True with Regard to Real