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12 Cards in this Set
- Front
- Back
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Appurtenant
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Anything that is used by the land for its benefit. "Goes with the land"
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Real property consists of: (4 items)
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Land
That which is affixed to the land That is appurtenant or incidental to the land That which is immovable by law (pg. 7) |
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Bundle of rights
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The Right to own property
Possess property Use Property Enjoy Property Encumber Property or borrow money on property Dispose of Property Exclude those who do not share ownership |
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Land
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Surface above land
Airspace above the land Materials and substances beneath the surface (pg. 7) |
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Water Rights
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Underground water rights
Riparian water rights Right of appropriation (pg. 9) |
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Real property
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Is not movable
Sale must be in writing "anything that is not personal property" |
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Personal Property
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Chattels or Choses
Typically transferred by bill of sale not deed |
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Emblements
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Growing vegetable and crops
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Fixtures
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items that were originally personal property but are now attached to the land thus becoming real property
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Test of Fixture (MARIA)
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Method of attachment
Adaptability Relationship Intention Agreement |
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Trade fixtures
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Articles of personal property that a business tenant has attached to real property because of their need to be used in a trade Pg. 13
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Treaty of Guadalupe Hidalgo
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End of Mexican American war in 1848 making CA territory of US
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