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31 Cards in this Set
- Front
- Back
The word fee means
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An estate of inheritance
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a devisee means
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Real property by will
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a bequest
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Gift of personal property
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legacy
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Gift of money to a legate
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What event creates a tenacy in common
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Transfer of 1 joint tenent to a 3rd party
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Contract for sale includes removeable items - buyer needs a
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Bill of sale
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Adverse possession
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If encroachment is long enough - property could become encroachee
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Escheat
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Dies intestate - no heirs -goes to state
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Curtilage
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Land immediately surrounding house - courtyard; fenced area
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Seisin - seized of property
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Ownership of property
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Condominium owner not pay taxes
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Foreclose against owner not corporation
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Mechanics lein depends on date
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work began
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A devise
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Best method to determine whether a fixture is
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intent of party who attached
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Chattel
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Personal property
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Best method of imposing restrictions in a large development
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Recording restrictions as provided by law
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Compulsory charge against owners for benefits of street improvements, sewer installation, road repair
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Special Assessments
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Restrictive coventents in a deed
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are encumberance on the property
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Which of the following deed restrictions is valid
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limitations are placed on archetectual material
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A tenant in common can
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own 2/3's of the property
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Easement in gross =
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right of water company to maintain pipes
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Uniform Commercial Code (UCC) =
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regulate personal property in the sale
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Easement appurtenent
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allow access to property
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Improvements means
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Everything constructed except land
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perscriptive easement
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requires open, notorious and hostile for the same period as adverse possession
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Fructus naturalus
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trees and shrubs not requiring annual cultivation and are real property
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Emblements
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crops that require annual planting and cultivation; treated as personal property
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Devise
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Transfer by will
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Demise
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transfer by lease
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tenacy at sufferance
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stays in possession after lease termination
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Profit a prendre =
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Right to take part of land such as timber, coal, or produce
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