Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
23 Cards in this Set
- Front
- Back
Alienation |
Transferring ownership from one person to another |
|
Title |
Ownership of property |
|
Deed |
Document used to tranfer real property |
|
Decedent |
Deceased individual (dead) |
|
Adverse possession |
Getting tittle to property from someone else living there 10 years |
|
Grantor |
Person who signs a deed/ seller |
|
Grantee |
Person reciving ownership of a property/ buyer |
|
Habendum |
Limits the extent of owner of ownership in the state, like life state rules in the property |
|
Acknowledgement |
Signed deed voluntary and is in fact who he says he is |
|
Constructive Notice/ legal notice |
Document recorded in the county of the property |
|
Erosion |
Lost of land by natural forces |
|
Accretion |
Gain land by natural resources |
|
Inquiry Notice |
Appearances that someone when over proerty line you send inquire notice to investigated |
|
Actual Notice |
Express or direct knowledge acquired in the course of a transaction/ |
|
Device |
Transfer of real propery by will |
|
Bequeath |
Transfer of personal property by a will |
|
Holographic will |
Handwritten sing and dated will but with no witnesses |
|
Codicil |
Addition to a will that doesnt change the entire will |
|
Nuncupative will |
Oral and usually done by a person who is near death |
|
Testator |
The individual making a will |
|
Testate |
Person who dies with a will |
|
Intestate |
Person who dies with no will |
|
Dedication |
Voluntary transfer of a property to a governmental entity |