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24 Cards in this Set
- Front
- Back
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What are the five Bundle of Rights? |
Disposition, exclusion, enjoyment, possession, control |
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Which bundle of rights allows the owner to transfer whole or some of the rights to other people. |
Disposition |
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Which bundle of rights allows the owner to stop others from using the property or even from entering the property? |
Exclusion |
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Which bundle of Rights gives the owner the freedom to possess and use the land without interference from others? |
Enjoyment |
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Which bundle of rights gives the owner the right to physically occupy the land, to use the land, and make it productive? |
Possession |
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Which bundle of rights allows the homeowner to physically alter, or change the property? |
Control |
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If one secures the bundle of rights, that person is said to be the what? |
Owner |
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What are the three activities that interfere with a property owner's bundle of rights? |
Trespass, encroachment, and nuisance |
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What is a physical invasion of land by a person who has no lawful right to enter it? |
Trespass |
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What word describes unauthorized physical intrusion of an owner's real property on to that of another? |
Encroachment |
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What word is used to describe the interference of one's quiet enjoyment of the land from the outside? |
Nuisance |
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What word is used to describe the actual physical land, as well as all of its attachment? |
Real property |
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What does Real Estate include? |
Physical land, attachments, legal interest, rights, & privileges associated with ownership. |
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Physical, or tangible, real property is termed what? |
Corporeal |
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Non-physical attachments, such as hereditament (rights of inheritance) are called what? |
Incorporeal |
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What term is used to describe rights that go along with real property, or "run with the land"? |
Appurtenances |
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What is another word used to describe personal property? |
Chattel or personalty |
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The transfer of title in real property requires what two documents? |
Deed and bill of sale |
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What to categories can attachments fall under? |
Natural or man-made |
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Fructus naturales is the Latin term for what? |
Natural attachments |
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Fructus industriales is another word for what? |
Emblements |
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The doctrine of emblements allow the tenant farmer to do what? |
Reenter the land to harvest crops that were planted by the tenant farmer, but that mature after the tenants departure. |
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What is another word for a man-made attachment? |
Fixture |
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A major Fixture that significantly increases the value of the property is commonly called a what? |
Improvement |
