The title of real property can be acquired in which of the following ways?

Prepare for the Mississippi Auctioneers License Exam with flashcards and multiple-choice questions. Each question offers hints and explanations. Ace your exam!

The acquisition of title to real property can occur through various methods, and one of the primary ways is by receiving a gift, a devise in a will, or through adverse possession.

When a title is acquired as a gift, the ownership is transferred voluntarily from one person to another without any exchange of money or consideration. This is a common and legally recognized way to obtain title.

A devise in a will refers to the process of transferring property to an heir upon the death of the property owner. This is part of estate planning and is a legitimate means of acquiring real estate.

Adverse possession is another method wherein an individual may gain legal title to a property after occupying it in a manner that is open, notorious, and continuous for a statutory period, despite not holding title. This typically happens when the original owner fails to assert their rights.

The other options provided do not encompass the broader range of legal means for acquiring title. Some suggest restrictive methods, such as obtaining title solely through a court order or strictly through purchase, which do not take into account other valid avenues like gifts or adverse possession. Leasing a property does provide the right to use and occupy real estate but does not transfer ownership, making it an inappropriate way to acquire title.

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