Property Law Flashcards

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1
Q

Easement

A

Nonpossessory interest to use the land of another or restrict the land of another

Positive or negative

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2
Q

An easement can be positive or negative

A

Positive easement is granting the right to use
Negative easement is restricting the right use

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3
Q

Creation of an Easement (types)

A

express, necessity, prescription, implication

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4
Q

Express easement

A

easement between two parties relayed in writing

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5
Q

Easement by necessity ‘

A

factually based on if it was NECESSARY for one to enter the land of another…. “landlocked”

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6
Q

Easement by implication

A

Implied from prior use

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7
Q

Duration of easements

A

Easements generally last indefinitely unless terminated

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8
Q

Easement by prescription (statutor element)

A

I-using land for the statutory period (20 years)
2- the use is open, notorious, and adverse
3 gives a right to use land

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9
Q

Easement by prescription (statutor element)

A

I-using land for the statutory period (20 years)
2- the use is open, notorious, and adverse
3 gives a right to use land

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10
Q

Termination of easements

A

Express, necessity, abandonment, merger

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11
Q

Express terminates

A

Lasts for a period time in agreement

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12
Q

Termination of necessity

A

When no longer necessary

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13
Q

Abandonment termination

A

Express an intent not to return and non-use

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14
Q

Merger termination

A

Cannot have easement on entirely my own land

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15
Q

Merger termination

A

Cannot have easement on entirely my own land

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16
Q

Covenant

A

1- always in writing
2- looks like a contract
3- is a promise that allows/ restricts use of another person’s land

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17
Q

Restrictive covenant

A

Prohibits use of my or someone else’s land in a certain way

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18
Q

Duration of covenants _ generally runs with the land if:

A

SOF, intent, notice, privacy (horizontal and vertical ) touch and concerns the land

19
Q

Duration of covenants _ generally runs with the land if:

A

SOF, intent, notice, privacy (horizontal and vertical ) touch and concerns the land

20
Q

Touch + concerns the land means

A

Not personal between parties about the use of the land itself

21
Q

Equitable servitude

A

I

22
Q

Equitable servitude

A

I

23
Q

Different types of tenancies

A

Perlodie, for years, at will, at sufferance

24
Q

Periodic T

A

Start date t successive periods

25
Q

Termination of period

A

No termination without note i month to month= 15 days yam

26
Q

Equitable conversion

A

Upon signing, 1- equitable interest
2- buyer bears risk af loss

27
Q

Marketable title

A

Title tree from defect or unreasonable risk of litigation
- implied by seller
- seller has until closigto cure detects

28
Q

Need

A

Actually transfers property and is recorded in public records

29
Q

Types of reads

A

Quit claim or warrant

30
Q

Quit claim deed

A

No promise /warrantiesre title

31
Q

Six warranties - warranty deed

A

Present and future
Selsin, right to convey, covenant against encumbrances, quiet enjoyment, warrant of warrants, future assurances

32
Q

Types of warranty deeds

A

General o special
General = since property was created/developed
Special a since seller has owned prop

33
Q

Validity of deed I deed requirements

A

Writing (sof)
Signed by grantor
Signal by two witnesses
Delivery of deed (intent)
Acceptance is presumed unless evidence to the contrary
Identifiable grantee
Legal description of property
Merger doctrine re and deed

34
Q

Merger doctrine

A

, Re and deed merge, can only sue on concepts contained in the deed

35
Q

Mortgages

A

Loan with land as collateral
PMM prevails
Lien theory

36
Q

Mortgages

A

Loan with land as collateral
PMM prevails
Lien theory

37
Q

FL is a lien theory state

A

Lender one has a lien but no title/ possession interest until forclosure

38
Q

FL is a lien theory state

A

Lender one has a lien but no title/ possession interest until forclosure

39
Q

Notice _ Florida is a pure nothejdx

A

The last or subsequent purchaser wins

40
Q

Bonfire purchaser

A

Pays value and no notice of earlier transactions

41
Q

Judgments/ creditors and hen holders and mortgages i
Who are bps?

A

Judgement, creditors, kneeholes = not BIP
Mortgagees are BFP’s

42
Q

Owning property types

A

J.T.R.O.S.
T.I.C.
Tenany by entlretz

43
Q

Seller has duff to disclose

A

Materially affects the value that knew or S.H.K.

44
Q

Seller has duff to disclose

A

Materially affects the value that knew or S.H.K.