Chapter 2 Flashcards

1
Q

annexation

A

attaching person property to land so it becomes a fixture and legally part of real property.

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2
Q

appropriative rights

A

water rights allocated by government permit, according to an appropriation system. it is not necessary to own property beside the body of water to apply for an appropriation permit.

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3
Q

appurtenance

A

a right that foes along with ownership of real property, usually transferred with the property but may be sold separately

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4
Q

bill of sale

A

a document to transfer ownership of personal property from one person to another

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5
Q

bundle of rights

A

all property rights that are conferred with ownership and run with the land, including the right os disposal, use, and enjoyment.

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6
Q

chattel

A

a piece of personal property

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7
Q

emblement or fructus industriales

A

a crop that is planted and cultivated through someone’s labor and industry. emblements are consider to be personal property. called fructus industriales

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8
Q

encroachment

A

a physical object intruding onto neighboring property, often due to a mistake regarding the boundary.

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9
Q

fixture

A

a manufactured attachment; an item of personal property attached to or closely associated with the real property in a way that it legally becomes part of the real property.

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10
Q

fructus naturales or natural attachment

A

naturally occurring plants generally considered part of real property also called natural attachment.

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11
Q

leashold improvement

A

a fixture a landlord attaches to real property for tenant use.

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12
Q

improvements

A

additions to real property that are manufactured; increases property value, such as a barn or building.

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13
Q

land

A

the surface of the earth, everything under the ground to the center of the earth, and the airspace above as far as can reasonably be used.

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14
Q

littoral rights

A

water rights of landowners whose land touches non-flowing water such as a lake, sea, or ocean.

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15
Q

personal property

A

tangible items that are not permanently attached to or part of real estate, not real property. moveable property to not affixed to the land. also called chattel

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16
Q

real estate

A

the actual physical land, everything attached to it, and the rights of ownership (bundle of rights) also called realty

17
Q

riparian rights

A

water rights of landowners whose land touches a natural body of flowing water such as a stream or river.

18
Q

severance

A

a process to detach a fixture from the land and revert it to personal property

19
Q

trade fixtures

A

personal property that a tenant annexes to the leased property because it is necessary to their trade or business, the tenant may remove the item prior to the expiration of the lease.