A Colorado property owner divides their land and sells the mineral rights separately from the surface rights. The result is called:
Why Severance — a severed mineral estate Is Correct
Answer B: Severance — a severed mineral estate
Exam Tip: Property Ownership
Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.
Key Property Ownership Terms in This Question
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Key Terms to Know
A doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
EasementA non-possessory right to use another person's land for a specific purpose.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Tenancy in CommonCo-ownership where two or more people hold undivided interests that need not be equal and pass to each owner's heirs — no right of survivorship.
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