Property OwnershipIntermediateNorth Carolina Exam

In North Carolina, 'intestate succession' refers to how property passes when:

AA will is contested by heirs

BA person dies without a valid willCorrect

CProperty is seized by the government

DBeneficiaries refuse an inheritance

Why A person dies without a valid will Is Correct

Answer B: A person dies without a valid will

Intestate succession is the legal process by which property passes according to state law when a person dies without a valid will (dying intestate).

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.

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Key Terms to Know

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.

Deed

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

Easement

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

Encumbrance

Any claim, lien, charge, or liability attached to real property that affects its value or limits its use.