Property Ownership
What is a 'testamentary disposition' of real property in Idaho?
AA tax calculation for property at death
BThe transfer of real property through a will (last will and testament) upon the owner's death✓ Correct
CA transfer during the owner's lifetime
DA court-ordered transfer of property
Explanation
A testamentary disposition transfers real property through a will when the owner dies. The will must be properly executed and admitted to probate court, which oversees the distribution of property according to the will's instructions.
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Key Terms to Know
Chain of Title
The sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
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.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
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