Nebraska Practice TestProperty Ownership

Nebraska Property Ownership
Practice Questions & Answers (2026)

Property ownership questions on the Nebraska exam test forms of ownership, how title is held, and the rights that come with different ownership structures. Nebraska tests joint tenancy, tenancy in common, tenancy in severalty, and the specific unities required to create each form. The Nebraska Real Estate Commission frequently tests what happens to ownership when one co-owner dies under each ownership form. These questions are foundational but often contain traps for candidates who memorize definitions without understanding the real-world implications tested by the NE exam.

Practice Questions

Nebraska Property Ownership — Practice Questions & Answers

103 questions on Property Ownership from the Nebraska real estate question bank. First 10 are free — sign up to unlock all 103.

Q1. Tenancy in common differs from joint tenancy in that:

A.Tenants in common share equal ownership interests
B.Tenants in common have no right of survivorship; each owner's share passes to their heirs
C.Tenancy in common is only available to married couples
D.Tenants in common cannot sell their individual shares

Explanation

The key difference is survivorship: tenants in common have no right of survivorship, so each co-owner's share passes through their estate upon death rather than automatically to the surviving co-owner(s).

Q2. A mechanic's lien may be filed against a property by:

A.A mortgage lender when the borrower defaults
B.A contractor or supplier who has not been paid for labor or materials
C.A local government for unpaid property taxes
D.A homeowners association for unpaid dues

Explanation

A mechanic's lien is a legal claim against a property by contractors, subcontractors, or material suppliers who provided labor or materials but were not paid.

Q3. A life estate grants the life tenant the right to:

A.Own the property indefinitely regardless of their death
B.Use and possess the property during their lifetime, after which ownership passes to the remainderman
C.Sell the property and keep all proceeds
D.Transfer the property to their heirs upon death

Explanation

A life estate grants the right to use and possess property for the duration of the life tenant's life. Upon their death, title automatically passes to the remainderman named in the deed.

Q4. Eminent domain gives the government the power to:

A.Tax property at any rate it determines
B.Take private property for public use with just compensation
C.Zone property without the owner's consent
D.Require property owners to sell to adjacent landowners

Explanation

Eminent domain (exercised through condemnation) allows the government to acquire private property for public use, but the Fifth Amendment requires the government to pay just (fair market value) compensation.

Q5. A covenant running with the land means the restriction:

A.Applies only to the current owner of the property
B.Binds all future owners of the property
C.Expires after 25 years under Nebraska law
D.Can only be enforced by the local government

Explanation

A covenant running with the land is a restriction that is attached to the property itself and binds all future owners, not just the original party who agreed to it.

Q6. Tenancy by the entirety is a form of co-ownership available:

A.To any two people who purchase property together
B.Only to legally married couples, with full right of survivorship
C.Only to business partners
D.To individuals in a joint venture

Explanation

Tenancy by the entirety is a form of marital co-ownership available only to legally married spouses, combining the right of survivorship with protection against one spouse's individual creditors.

Q7. The government's power to levy real property taxes is known as:

A.Eminent domain
B.Escheat
C.Police power
D.Taxation

Explanation

The power of taxation allows government entities to levy taxes on real property to fund public services. It is one of the four governmental powers affecting real property (along with eminent domain, police power, and escheat).

Q8. Escheat is the process by which:

A.The government acquires property through condemnation
B.Property passes to the state when an owner dies without heirs and without a will
C.A lender forecloses on a delinquent mortgage
D.A tenant abandons leased property

Explanation

Escheat is the governmental power under which privately owned property reverts to the state when the owner dies without a will (intestate) and without any heirs to inherit.

Q9. Personal property becomes real property (a fixture) when it is:

A.Registered with the county assessor
B.Permanently attached to the real estate with the intent to make it a permanent part of the property
C.Used by the property owner for more than one year
D.Listed on the seller's property disclosure

Explanation

Personal property becomes a fixture (real property) when it is permanently attached to the land or building, adapted to the property's use, and the owner intended it to be a permanent improvement.

Q10. A deed restriction that prohibits a property from being used for commercial purposes is an example of a:

A.Government zoning regulation
B.Private restrictive covenant
C.Building code requirement
D.Conditional use permit

Explanation

A deed restriction limiting use to residential purposes is a private restrictive covenant — a privately imposed limitation that runs with the land, created by a developer or prior owner and enforced by neighboring property owners.

Q11. A license in real property law is:

A.A state-issued credential to practice real estate
B.A personal, revocable permission to use another's land that does not transfer with the land
🔒

93 more Property Ownership questions

Create a free account to unlock all 103 Nebraska Property Ownership questions with full explanations.

Free account · No credit card · Instant access to 25 questions

Ready to take the full exam? Start free.

25 free questions · No signup · Instant access to all Nebraska topics