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17 Cards in this Set
- Front
- Back
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Joint ownership where there is no right of survivorship
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Tenancy in Common
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Joint ownership with the right of survivorship.
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Joint Tenancy
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Property owned jointly by husband and wife (in WA & other community property states)
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Community Property
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The right by which the surviving joint tenant(s) acquire a joint tenant's interest in the property upon his death.
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Right of Survivorship
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Permanent damage to real property caused by the party in possession harming the interests of other estate holders.
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Waste
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A fee simple estate that carries a qualification, so that ownership may revert to the grantor if a specified event occurs or a condition is not met. Also called a defeasible fee.
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Qualified Fee
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The highest & most complete form of ownership, which is of potentially infinite duration.
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Fee Simple Absolute
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Water rights established by obtaining a government permit, and not based on ownership of land beside a body of water
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Appropriative rights
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The support that a piece of land recieves from the surrounding land.
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Lateral Support
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The support that a peice of land receives from the underlying earth.
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Subjacent Support
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In the Government Survey System, the main North-South line in a particular grid, used as the starting point in numbering the ranges & township tiers.
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Principle Meridian
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A visible marker (natural or artificial) used in a survey or a metes & bounds description to establish the boundaries of a piece of property.
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Monument
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The starting point in Metes & Bounds description; a monument or a poin described by reference to a monument
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point of beginning
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In Metes & Bounds description, a direction stated in terms of a compass bearing.
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Course
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The water rights of a landowner whose land borders on a stream or other surface water. These rights allow only reasonable use of the water.
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Riparian Rights
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Land bordered by a stationary body of water, such as a lake or pond.
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Littoral Land
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In the government survey system, a strip of land six miles wide, running north and south.
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Range
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