Ontario Mortgage Agent Practice Exam

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Study for the Ontario Mortgage Agent Exam. Prepare with flashcards and multiple choice questions, each question includes hints and explanations. Get ready for your test!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What is a servient tenement in real estate?

A property losing a benefit
A property gaining a benefit
A property giving up a benefit
An interest created by a landlord and tenant

The correct answer is: A property giving up a benefit

A servient tenement in real estate refers to a property that is burdened by an easement, meaning it must give up certain rights or privileges to the dominant tenement (the property benefiting from the easement). This is why options A and B are incorrect, because they do not refer to a property burdened by an easement. Option D is incorrect because it refers to a relationship between a landlord and tenant, rather than a specific type of property.