Before you read
Test yourself first: 5 questions
Question 1 of 5
Fair-housing accessibility design rules apply to certain multifamily buildings first occupied after:
Answer: A. The Fair Housing Amendments Act added design/construction accessibility requirements for covered multifamily housing built for first occupancy after March 13, 1991.
Question 2 of 5
Occupancy limits set by a landlord must be:
Answer: A. Overly strict occupancy standards can be illegal if used to discriminate against familial status; limits must be reasonable.
Question 3 of 5
A property manager's compensation is most commonly:
Answer: A. Management fees are typically a percentage of collected rent (sometimes plus leasing fees), aligning the manager with strong occupancy.
Question 4 of 5
In new multifamily buildings of four or more units built for first occupancy after March 1991, the Fair Housing Act requires:
Answer: B. The 1988 amendments require covered multifamily dwellings (4+ units) built for first occupancy after March 13, 1991 to include accessibility features such as accessible routes and usable doors.
Question 5 of 5
Which leasehold estate is created when an owner allows a friend to live in a property indefinitely without rent or a fixed term, with either party free to end the arrangement at any time?
Answer: B. An indefinite occupancy with the owner's consent, no fixed term, and the right of either party to end it at any time is a tenancy at will.
Keep the streak going with more questions like these, each with a full rationale.
What you need to know
If there are no heirs and no will, property ESCHEATS to the state. Probate is the court process that proves the will and clears title. Living trusts move property outside probate: the grantor deeds property to the trust, and the successor trustee transfers it at death. Remember the special deaths: a joint tenant's share never probates (survivorship), and a life estate simply ends. Dedication is a voluntary gift of private land for public use (streets in a new subdivision).
Transfer at Death & By Occupancy: FAQs
Is Transfer at Death & By Occupancy on the real estate exam?
Yes. Property Ownership & Land Use is a scored domain on the real estate licensing exam, and this topic appears in the national portion.
Is this cheat sheet free?
Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.
