Reading...
Play button
Play button
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;
31 Cards in this Set
- Front
- Back
|
The word fee means
|
An estate of inheritance
|
|
|
a devisee means
|
Real property by will
|
|
|
a bequest
|
Gift of personal property
|
|
|
legacy
|
Gift of money to a legate
|
|
|
What event creates a tenacy in common
|
Transfer of 1 joint tenent to a 3rd party
|
|
|
Contract for sale includes removeable items - buyer needs a
|
Bill of sale
|
|
|
Adverse possession
|
If encroachment is long enough - property could become encroachee
|
|
|
Escheat
|
Dies intestate - no heirs -goes to state
|
|
|
Curtilage
|
Land immediately surrounding house - courtyard; fenced area
|
|
|
Seisin - seized of property
|
Ownership of property
|
|
|
Condominium owner not pay taxes
|
Foreclose against owner not corporation
|
|
|
Mechanics lein depends on date
|
work began
|
|
|
A devise
|
|
|
|
Best method to determine whether a fixture is
|
intent of party who attached
|
|
|
Chattel
|
Personal property
|
|
|
Best method of imposing restrictions in a large development
|
Recording restrictions as provided by law
|
|
|
Compulsory charge against owners for benefits of street improvements, sewer installation, road repair
|
Special Assessments
|
|
|
Restrictive coventents in a deed
|
are encumberance on the property
|
|
|
Which of the following deed restrictions is valid
|
limitations are placed on archetectual material
|
|
|
A tenant in common can
|
own 2/3's of the property
|
|
|
Easement in gross =
|
right of water company to maintain pipes
|
|
|
Uniform Commercial Code (UCC) =
|
regulate personal property in the sale
|
|
|
Easement appurtenent
|
allow access to property
|
|
|
Improvements means
|
Everything constructed except land
|
|
|
perscriptive easement
|
requires open, notorious and hostile for the same period as adverse possession
|
|
|
Fructus naturalus
|
trees and shrubs not requiring annual cultivation and are real property
|
|
|
Emblements
|
crops that require annual planting and cultivation; treated as personal property
|
|
|
Devise
|
Transfer by will
|
|
|
Demise
|
transfer by lease
|
|
|
tenacy at sufferance
|
stays in possession after lease termination
|
|
|
Profit a prendre =
|
Right to take part of land such as timber, coal, or produce
|
