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25 Cards in this Set

  • Front
  • Back

Constructive annexation

A garage door opener is often considered a fixture. As such, it would be example of

Metes and bounds description

The legal description of a property based on points of beginning, distances, directions, and degrees is a

Foyer in a unit

Which is not limited common area

Pur autre vie with remainder

Jack gives a life estate To jill for so long as Bob lives. Upon Bob sat the property will pass to Larry. What are the interest of jill and Larry?

Chattels

Which is NOT appurtenant to real property?

Which is true about the immobility of land?

It increases the value of land and a good market

A charge against a property Owner to cover their proportional costs of street paving is a

Assessment

Ann has lots of real property and dies intestate, leaving no legal heirs. At her death, all real property will pass to the government by the process of

Escheat

All homes In the prairie acres subdivision appeared to be built a uniform distance of 30' feet from the street. The probable reason is

Setback requirements in the subdivision regulations

A tax Levy on real property for government improvements such as curves sewers and sidewalks is known as

Special assessment tax

A valid exercise of the government's police power to restrict and owners use and enjoyment of property includes

Building codes

The term abatement refers to

Reduction of the assessment rate for tax computation

What type of legal description what a new residential developer

Lot and block

In some States the right of a husband to gain ownership of a property when his wife guys can be described as

Curtsey

What lien attaches to a property to prevent the transfer of title when there is pending lawsuit that may affect the title

Attachment

The Smith purchase a cooperative on the Gold Coast. What will they receive at closing?

Shares of stock and a proprietary lease

What best describes the personal property transformed into real property?

Actual annexation

A wife and husband may not hold title to their home as

Tenants at will

What type of legal description with a new residential developer most likely use

Lot and block

In some States the right of a husband to gain ownership would probably win his wife dies can be described as

Curtsey

Which is a requirement for a valid deed?

There must be words of conveyance

The owner of a undivided interest in land with no rights of survivorship owns it as

Tenancy in common

A corporation is a legal entity therefore realestate owned by the corporation is owned in

Severalty

How many acres are in a government rectangular survey that consist of SW 1/4, NE 1/4, Northwest 1/4 of section 13 blendon township

A section has 640 acres in that period a quarter of a section has 160 acres a quarter of a quarter has 40 acres and a quarter of a quarter of a quarter would have 10 acres. The formula could be worked out 2 ways 640/4/4/4=10 or 4×4×4=64, and 640/64=10

A grantor conveyed a Vacant 1 acre tract of land to a granti the granti receives

43560 ft²