California Real Estate Practice Exam 2026 – 400 Free Practice Questions to Pass the Exam

Demise deals with the transferability of an estate by lease or will. In real estate, the term "demise" is commonly used to refer to the conveyance of a property or land through either a lease or a will. It involves the transfer of possessory rights from one party to another, either for a specified period in the case of a lease or upon the death of the owner in the case of a will.

The other options are incorrect:

- Option B, 'none of the above,' is not correct as Demise does have a specific real estate meaning related to conveyances.

- Option C, 'personal property left in a will,' does not accurately define what Demise deals with in the context of real estate.