Which term refers to the claim of freehold estate ownership of real property?

Study for the 75 Hour Broker Pre Licensing Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The term that refers to the claim of freehold estate ownership of real property is seisin. Seisin is a legal term that signifies a person's possession of a freehold estate, which includes both the actual physical possession of the land and the ownership rights associated with it. This concept historically emphasized the idea that an individual with seisin not only possesses the land but also holds the legal title to it, making them the rightful owner.

Understanding seisin is crucial in real estate as it relates to ownership rights and the ability to transfer those rights. It is a foundational concept in property law, indicating not just the physical occupation of land but also the legal implications of owning it. Seisin can be seen as a form of protection for the owner’s rights against claims of others, establishing a clear link between ownership and the right to possess and use the property.

The other terms, while related to property in some capacity, do not specifically denote the ownership claim of a freehold estate. Tenancy generally refers to the occupancy of property under lease agreements, possession pertains more to physical control rather than ownership rights, and mortgagor describes a borrower in a mortgage arrangement rather than an owner of real property. Each of these plays a role in real estate but does

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy