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20 Cards in this Set

  • Front
  • Back
A formal declaration to a public offical (notary) by a person who has signed an instrument that states that the signing was voluntary.
Acknowledgment
Those rights, privileges, and improvements that belong to and pass with the transfer of real property but are not necessarily a part of the actual property.
Appurtenance
An ownership concept describing all the legal rights that attach to the ownership of real property.
Bundle of Rights
The right to use another's land for a specific purpose, sometimes known as a right-of-way.
Easement
A legal interest in land; defines the nature, degree, extent, and duration of a person's ownership in land.
Estate
An article of personal property affixed to leased property by the tenant as a necessary part of the business; may be removed by tenant as personal property upon termination of the lease.
Trade Fixture
The rights of a landowner whose land is next to a natural watercourse to reasonable use of whatever water flows past the property.
Riparian Rights
An estate in real property which continues for an indefinite period of time.
Freehold Estate
Annual crops produced for sale.
Emblements
Anything moveable that is not real property.
Personal Property
Land bordering a lake, ocean, or sea
Littoral
Personal property that has become affixed to real estate.
Fixture
Land, anything affixed to the land, anything appurtenant to the land, anything immovable by law.
Real Property
Ownership of real property by one person or entity
Severalty
Personal Property
Chattel
A leasehold estate; considered to exist for a definite period of time or successive periods of time until termination
Less-Than-Freehold Estate
An estate that is limited in duration to the life of its owner or the life of some other chosen person.
Life Estate
Evidence of land ownership
Title
Notice given by recording a document or taking physical possession of the property.
Constructive Notice
The right to peace without aggravation by others.
Quiet Enjoyment