Cal Real Estate Exam Prep Ch. 1

Front 1

Adverse possession

Back 1

A method of acquiring title to real property by a person other than owner of record through open possession of the property for a five year statutory period and patent of property taxes

Front 2

Appurtenance

Back 2

A right belonging to a property, affect title to other property; all those rights, privileges, and improvements which belong to and pass with the transfer of property, but which are not a part of the property. Appurtenances to real property pass with the real property to which they are appurtenant, unless a contrary intention is magnified. Typical appurtenances are rights-of-way, easement, water rights, and use of improvements located on other property

Front 3

Easement

Back 3

A right held by one property owner to use the land of another for specific purpose, such as ingress and egress to the owners property

Front 4

Eminent domain

Back 4

The right of government to take private property for public use. The government on the taking pays he owner the fair market value of the property

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Encroachment

Back 5

An improvement on one parcel of real estate which extends onto real estate belonging to another person

Front 6

Encumbrance

Back 6

Any claim or lien on a parcel of real estate, such as a trust deeds, cc&rs, easements, taxes or assessments

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Escheat

Back 7

The reverting of property to the state when heirs capable of inheriting are lacking

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Estate

Back 8

The interest a person may hold in real property, as defined by statue

Front 9

Hypothecate

Back 9

To pledge a thing as security without the necessity of giving up possession of it. To mortgage a property

Front 10

Ingress and egress

Back 10

Access to a property by its owner directly from publicly dedicated stress or by using their right to traverse a portion of another's land using an easement

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Life estate

Back 11

An interest held in a parcel of real estate lasting the lifetime of thenamed life

Front 12

Los pendens

Back 12

A notice recorded for the purpose of warning all persons that the title or right to possession of the described real property is in litigation; literally suit pending, recorded to give constructive notice of pending litigation

Front 13

Police power

Back 13

The constitutional source of the state or local governments authority to act

Front 14

Reversion

Back 14

The interest which a person has in land or other property which is received on termination of the preceded estate

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Accesion

Back 15

The physical addition to property through man-made efforts or by natural forces

Front 16

Adobe

Back 16

Aka clay

A soil naturally occurring heavy material which readily cracks and is composed primarily of fine-grained minerals

Front 17

Alienation

Back 17

The transfer of an interest in property to another; the transfer of property and possession of lands, or other things, from one person to another

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Alkaline

Back 18

A soil with a pH level above 7

Front 19

Alluvium

Back 19

The gradual increase of the earth on a shore of an ocean or bank of a stream resulting from the actions of the water

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Appropriation

Back 20

The action of taking something for ones own use, such as water from a stream

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Assemblage

Back 21

The combining of land parcels to create a value higher than the sum of their parts

Front 22

Avulsion

Back 22

A sudden and perceptible loss of land by the action of water, such as by a rapid change in the course of a river

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Deciduous

Back 23

A tree that looses its leaves each year

Front 24

Expansive

Back 24

Soil that expanded when water is added and shrinks when they dry out. Such continuous changes in soil conditions can cause property built on it to settle unevenly and crack

Front 25

Riparian rights

Back 25

The right of a real estate owner to take surface water from a running water source contiguous to their land

Front 26

Literal rights

Back 26

Rights to shorefront land my landowners whose property borders large, navigable lakes and oceans

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Reliction

Back 27

The gradual recession of water leaving land permanently uncovered

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Section

Back 28

A portion of land established by government survey which contains 640 acres and is one mile square

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Solar easement

Back 29

An easement restricting an owners ability to maintain improvements, such as trees, interfering with a neighbors solar energy

Front 30

Subdivided land law

Back 30

Government regulations that empower the real estate commissioner to approve a public report for the sale of property divided and developed by land owners

Front 31

Subdivided map act

Back 31

A California subdivision law stating conditions for the approval of a subdivision map and requiring local governments to enact ordinances directly controlling the types of subdivision projects permitted and the physical improvements to be installed

Front 32

Tenement

Back 32

A freehold interest in land and things immovable located on the land

Front 33

Township

Back 33

In the survey of public lands of the United States, a territorial subdivision six miles long, six miles wide, and containing 36 sections, each one mile square, located between two range lines and two township lines

Front 34

Zoning

Back 34

Building and land use restrictions enacted by local policy makers to ensure a consistent flow of new improvements to meet the demand of population growth

Front 35

Accretion

Back 35

Accession by natural forces

E.g. Alluvium