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19 Cards in this Set
- Front
- Back
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Fixtures |
Articles that were once personal property but have been affixed to real estate so as to become a real property |
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For test that help determine if something is a fixture |
Method of attachment, adaptability, agreement, relationship of the parties |
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Fructus naturales |
Permanent planting such as flowers trees and bushes that are classified as real property |
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Littoral |
Property that borders on the shore of a lake see or old ocean which is affected by tidal currents. Littoral rights are usually concerned with the landowners right to use and enjoy the water and the shoreline |
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Riparian |
Land bordering a moving watercourse such as a stream or river. The landowner typically owns the land but Nice the water to the middle of the waterway |
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Appurtenances |
All of the rights, privileges and improvements that belong to impasse with, the transfer of property but are not necessarily a physical part of the actual property. Examples would be a parking space or water rights |
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Easement |
Come back |
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Physical characteristics of land |
IIU - immobility (land is physically immobile) indestructible (land cannot be destroyed) Nonhomogenic/unique(every property it's unique) |
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Economic Characteristics of Land |
Scarcity, area preference or situs, permanent see of improvements, production, assemblage |
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Chattel |
Personal property |
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Trade fixtures |
Articles of personal property that are necessary parts of the tenants trade or business, Examples such as laundry sinks in a coin laundry |
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Fructus industriales |
Emblements- are growing crops that are produced annually through labor and industry implements our personal property even before harvest a landlord cannot lease property to a tenant farmer and then terminate the lease without giving the tenet the right to reenter the land to harvest his crops |
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Severance |
The act of removing something attached to land for example a farm fence which is classified as real property becomes personal property rolls of wire and post when it's taking down when it is severed from the land |
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Metes and bounds |
The metes and bounds method of land description is used to describe property by specifying its shape and dimensions it can be used for unsubdivided unimproved real estate as well as a regularly shaped parcels |
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Metes and bounds description |
Starts at a well Mark point of beginning POB and establishes the boundaries of the parcel by courses and meet Length and inches feet yard miles and bounds direction based on landmarks monument angles and returns to the true point of beginning |
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Lot, block, and subdivision recorded plat |
States that do not use the government survey method generally use the lock block in subdivision method the size and location of each block and lot is shown on a plat which is then recorded in the public recorders office of the county or city where the land is located |
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1 mile |
5280 feet |
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1 Acre |
43,569 sq feet |
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1 section |
640 acres |
