South Carolina Real Property Law Ch 8

Front 1

ANNEXATION

Back 1

An addition to property by uniting or joining something to it. tests to determine whether attached property becomes real property

Front 2

APPURTENANCE

Back 2

those which have been added or appended to a property which become part of it
such as RIGHT, PRIVILEGE, OR IMPROVEMENT(permanent or man made)

Front 3

AIR RIGHTS

Back 3

right of owner of property to the space above his property

Front 4

BUNDLE OF RIGHTS

Back 4

concept of ownership including
1.POSSESSION
2.USE
3.DISPOSITION
4.CONTROL
5. QUIET ENJOYMENT

Front 5

CHATTELS

Back 5

personal property

Front 6

CHATTELS REAL

Back 6

estate in land of less than freehold(estate for years) which descends under the rules of personal property

Front 7

CONSTRUCTIVE ANNEXATION

Back 7

such as custom fitted storm windows uninstalled, remote for garage door,, key to front door

Front 8

CONTROL

Back 8

one's privilige to have freedom to build, renovate, remodel,maintain, disassemble, remove or destroy such thing

Front 9

DISPOSITION

Back 9

to pass into control of someone else, to alienate, relinquish, part with or get rid of

Front 10

EMBLEMENTS

Back 10

annual crops that don't become part of the real estate

Front 11

TESTS OF FIXTURES

Back 11

determine whether or not personal has become real property 1. agreement 2. annexation 3. adaptation and 4.intention

Front 12

IMPROVEMENT

Back 12

the improvements to surrounding parcels as well as to the subject property will have impact on value(

Front 13

LAND

Back 13

land is immobile, cannot be moved

Front 14

LITTORAL RIGHTS

Back 14

LAKES AND OCEANS-
HIGH WATER MARK IS PROPERTY LINE-literal rights give owner right to use of the water

Front 15

MINERAL RIGHTS

Back 15

right to subsurface land and profits

Front 16

TESTS FOR FIXTURES

Back 16

1.AGREEMENT- 2. ANNEXATION-(method of attachment)nails, screws bolts 3.ADAPTATION (how the item is being used)
4. INTENTION-was it intended to be made permanent

Front 17

PERSONAL PROPERTY

Back 17

everything owned that is not real property (furniture)

Front 18

PERSONALTY

Back 18

personal property is sometimes referred to as personalty

Front 19

POSSESSION

Back 19

possessing or occupying property

Front 20

PRIOR APPROPRIATION DOCTRINE

Back 20

in the 8 most arid western states, riparian rights have been replaced with this. water rights are determined by priority of beneficial use

Front 21

QUIET ENJOYMENT

Back 21

ON FREEHOLD ESTATES-enjoy freedom from troubles challenges of title
ON NONFREEHOLD ESTATES-gives lessee assurance that there's no disturbance of title

Front 22

REAL ESTATE

Back 22

the land, plus any easements, rights of way, buildings and other improvements.

Front 23

REAL PROPERTY

Back 23

property that is fixed, immovable, indestructible and unique in character

Front 24

REALTY

Back 24

Land or improvements thereon-
same as real property.

Front 25

RIPARIAN RIGHTS

Back 25

rivers or streams-
NAVIGABLE-ownership stops at water edge
NON-NAVIGABLE-ownership goes to middle of the stream

Front 26

TRADE FIXTURES

Back 26

items of personal property that the tenant may use in the trade or business and are attached to the real estate being leased

Front 27

USE

Back 27

to use property means to hold, occupy or enjoy

Front 28

WATER RIGHTS

Back 28

people's right to use water by their property
RIPARIAN- land or stream
LITTORAL- lakes and oceans

Front 29

ECONOMIC CHARACTERISTICS OF REAL ESTATE

Back 29

1. SCARCITY
2. IMPROVEMENTS
3. LONG TERM INVESTMENT
4. SITIS (AREA PREFERENCE)

Front 30

PHYSICAL CHARACTERISTICS OF REAL ESTATE

Back 30

1. IMMOVABLE
2. INDESTRUCTIBLE
3. UNIQUE( NONE ARE ALIKE)

Front 31

LEGAL DESCRIPTIONS OF REAL ESTATE

Back 31

SURVEYORS USE
1. metes and bounds(POB AND MONUMENT)
2. plat system (lot and block system)

Front 32

METES AND BOUNDS

Back 32

surveyor starts at POB, goes due north and clockwise,
Monument-is the point of beginning

Front 33

PLAT SYSTEM

Back 33

(lot and block)tract of land is divided into streets, lots, and blocks

Front 34

BENCHMARKS AND TOPOGRAPHICAL LINES ARE USED BY SURVEYORS HOW?

Back 34

use fixed objects that the U.S. Geological Survey has set up to indicate the elevation above sea level at that location. The surveyor would use this as a POB

Front 35

BEING IMMOVABLE, INDESTRUCTIBLE AND UNIQUE ARE ALL _________CHARACTERISTICS OF LAND

Back 35

PHYSICAL

Front 36

SCARCITY, IMPROVEMENTS, LONG TERM INVESTMENT AND SITIS ARE ALL_________CHARACTERISTICS OF REAL ESTATE

Back 36

ECONOMIC

Front 37

SITUS

Back 37

LOCATION, LOCATION, LOCATION

Front 38

APPURTENANCE

Back 38

rights ,privileges and improvements that belong to and pass with the transfer of real property but not necessarily a part of the actual property

Front 39

LAND PLUS APPURTENANCE EQUALS______PROPERTY

Back 39

REAL

Front 40

FREEHOLD MEANS______

Back 40

OWNERSHIP