NCEES Principles and Practice of Surveying Practice Exam

What characterizes a simultaneous conveyance?

1. Right of ownership is shared among several parties

2. Multiple parcels are created at the same time through a joined process

3. Property rights are adjusted over time through separate transactions

4. Deeds are created without regard to previous ownership

The correct answer is: Multiple parcels are created at the same time through a joined process

A simultaneous conveyance is characterized by the process in which multiple parcels of land are created or transferred at the same time through a single joined transaction. This approach allows for the concurrent conveyance of several properties to different parties, which can often streamline the transfer process and simplify the administrative tasks involved in land transactions. In contrast, other concepts mentioned in the choices do not accurately capture the nature of simultaneous conveyance. For instance, sharing ownership among several parties pertains more to joint ownership or co-tenancy rather than the simultaneous conveyance process itself. Adjusting property rights over time through separate transactions refers to the ongoing and individual nature of property transfers, which does not align with simultaneous conveyance, where all parcels are conveyed at once. Finally, the creation of deeds without regard to previous ownership may suggest negligence in due diligence or the lack of respect for historical ownership claims, which does not accurately describe the organized approach typical of simultaneous conveyances. Understanding these distinctions can help clarify the specific nature of simultaneous conveyances in real estate transactions.