Property OwnershipIntermediateDelaware Exam

A Delaware property owner who dies intestate (without a will) has their property distributed according to:

AThe terms of their last deed

BDelaware's laws of intestate successionCorrect

CThe wishes of the surviving family members

DThe real estate broker who handled their last purchase

Why Delaware's laws of intestate succession Is Correct

Answer B: Delaware's laws of intestate succession

When a property owner dies without a valid will (intestate), their property is distributed according to the state's laws of intestate succession, which generally prioritize spouses, children, and other close relatives.

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

Deed

A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).

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Key Terms to Know

Deed

A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).

Joint Tenancy

Co-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.

Purchase Agreement

A legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.

Easement

A non-possessory right to use another person's land for a specific purpose.