Multiple choice

1 Which of the following forms of co-ownership of real property applies only to married couples?

2 ________ are an example of real property.

3 Shelton Engines Inc. has built a new model of engines that can withstand more heat than the competing engines in its class. Lokin Inc., a sports car manufacturer, ________ the equipment from Shelton Engines Inc. for $1,000,000. Shelton Engines Inc. transfers title to the engine to Lokin Inc. Lokin Inc. is now the owner of the equipment.

4 The voluntary transfer of title to property without payment of consideration by the donee is known as a(n) ________.