Practice Exam 8 months ago0 views1 min read Add comment FacebookTwitterRedditPinterestEmail Try our easy-to-use practice test system with some sample questions. 1. Tom owns a parcel of real estate. Tom has a current lease for the mineral rights with B-1 Oil Company. A-1 Gas Company wants to lease the surface rights to Tom’s land to place a pipeline on it. Can Tom lease the land to the gas company?yes, if the oil company and gas company take joint tenancyyes, Tom can lease the mineral rights and surface rights separatelyno, because mineral rights give the oil company exclusive rights to the surface of the propertyno, because surface rights and subsurface rights cannot be leased separately 2. Which party would sign the deed?vendorlesseemortgagoroptionee 3. The process whereby water gradually recedes, leaving dry land which belongs to the landowner is known asrelictionreconveyanceerosioncolor of title Time is Up! Time's up You may also like Video Real Estate Principles and Practices What is a Nonfreehold Estate? | Real Estate Exam Prep Videos 64 views2 min read Video Real Estate Exam Prep, Real Estate Principles and Practices, Section 1: Property Ownership How to Calculate Acres & Distances In A Section of Land | Real Estate Exam Prep Video 77 views2 min read Video Real Estate Exam Prep, Real Estate Principles and Practices, Section 1: Property Ownership What Are Freehold and NonFreehold Estates? | Real Estate Exam Prep Video 158 views2 min read Add comment Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Subscribe to our channel on Youtube for all of our latest video content. Subscribe Newsletter Sign up for our newsletter Subscribe to our to stay up-to-date on the latest real estate news and education.