Real Estate All

Front 1

Appurtenance

Back 1

all those rights, privileges and improvements that belong to and pass with the transfer of property but are not necessarily part of the actual property, pass with the real property
ex. righs-of-way, easements, water rights

Front 2

Chattel Real

Back 2

are annexed to real esate

ex. lease

Front 3

Community Property

Back 3

each spouse has an equal interest in the property acquired, signatures of both spouses recquired on listing contract, no dower curtesy nor survivorship rights exist

Front 4

Concurrent Tenancy/ownership

Back 4

ownership by two or more persons at the same time, such as joint tenants, tenants by the entirety , tenants in common or community property owners

Front 5

Co-tenants/co-ownership

Back 5

two or more persons own an undivided interest in the same property, consists of different forms

Front 6

Curtesy

Back 6

husband is usually not entitled to this if he is guilty of desertion or neglect

Front 7

Defeasible

Back 7

fee simple defeasible, under certain circumstances ownership can be defeated/taken away

Front 8

Defeasible- Determinable

Back 8

automatic reversion back to grantor, have title until some event occurs, dont have to sue, "outside"

Front 9

Defeasible- Conditionalu

Back 9

not automatic have to sue, have title/ownership provided that some condition does or does not exist, "inside"

Front 10

Demise

Back 10

"let & demise"
death, convenant of quiet employment by lessor to guarantee that the lessee will not be disturbed

Front 11

Determinate duration

Back 11

definite duration, non-freehold, dont own it just hold posession of it, lease hold

Front 12

Dower

Back 12

not in AZ, right of widower to 100% of his/her deceased husband/wife's estate

Front 13

Easement

Back 13

right acquired by one party to use the land of another for a special purpose, a right or interest in use not an ownership in the land

Front 14

Easement- Appurtenant

Back 14

an easement that runs with the land

Front 15

Easement- Dominant

Back 15

dominant property, adjacent parcel, derives benefit from servient estate

Front 16

Easement-in gross

Back 16

personal in nature, does not pass with land because it does not benefit or attatch to a dominant estate, interest to a person

Front 17

easement- by necessity

Back 17

easement created by court of law,