Chapter 07 Flashcards

1
Q

Police power

A

The states power to preserve order, protect the public health and safety, and promote general welfare

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2
Q

Condemnation

A

The process of the government exercising eminent domain

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3
Q

Escheat

A

The state or county taking real or personal property when someone dies without a will or legal heirs

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4
Q

Estate in land

A

The degree, quantity, nature and extent of an owner’s interest in real property.

Must be measured according to time

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5
Q

Freehold Estate

A

Last forever and can be passed down through generations

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6
Q

Estates

A

An ownership that can be transferred using a deed

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7
Q

Fee simple estate aka fee simple absolute

A

Ownership in which holder is entitled to all rights to the property.

The highest interest in real estate recognized by law.

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8
Q

Fee simple defeasible

A

An estate that is subject to occurrence or nonoccurrence.

  • Fee simple determinable
  • Fee simple subsequent
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9
Q

Fee simple determinable

A

Owner gives property and rights to person or organization as long as X is happening. If X stops happening, heirs can reclaim property without going to court

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10
Q

Fee and simple subject to condition subsequent

A

Owner gives property and rights to person or organization as long as X doesn’t happen. If X does happen, heirs can reclaim property but they must go to court

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11
Q

Future interest

A

A persons right and interest in real property that will not result in possession or enjoyment until sometime in the future

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12
Q

Life estate

A

An estate based o the lifetime of a person. Estate ends when person dies

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13
Q

Pur Autre Vie

A

A life estate that is based on the life of a third party and not the life of a tenant.

Often created for people who are physically or mentally incapacitated in the hope to create incentive for someone to take care of them

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14
Q

Remainder and Reversion

A

The fee simple owner who creates a life estate must plan for its future ownership when it ends. It’s then replaced with a fee simple ownership in one of two ways.

  • Remainder interest
  • Reversionary interest
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15
Q

Revisionary interest

A

When a life estate ends, the estate is said to revert to original owner

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16
Q

Remainder interest

A

The owner of a life estate may name a “remainderman” and the property will pass to the remainderman when the life estate ends

17
Q

Enabling acts

A

The states power being passes down to municipalities

18
Q

Doctrine of prior appropriation

A

In states where water is scarce, this limits the use with the exception of domestic use

19
Q

Accretion, erosion, and avuision

A

Accretion: land that grows due to waterways depositing earth.

Erosion: The slow reduction of land due to waterways.

Avuision: the immediate reduction of land due to earthquakes, mudslides, ext…

20
Q

Littoral Rights

A

Water rights of land owners that Boarded navigable water ways

21
Q

Riparian Rights

A

Water rights of owners of land that board non-navigable waterways ( waterways unsuitable for commercial boat traffic).

22
Q

Encumbrances

A
  • A claim, charge, or liability that attaches to real estate.

A right or interest held by someone other then the owner.

Two Classifications:

Liens
Encumbrances ( restrictions, easements, licenses, and encroachments)
23
Q

Lien

A

A charge against property that provides security for a debt or obligation.

  • Real estate taxes
  • Mortgages
24
Q

Legal Life Estate

A

A form of life estate established by state law. Becomes automatic when events occur.

  • Dower
  • Curtesy
  • Homestead
25
Q

Dower

A

The life estate that a wife has after husband dies.

26
Q

Curtesy

A

The life estate the a husband has after a wife dies.

27
Q

Homestead

A

Land that is owned and legally occupied that is protected from legal judgments and debts.

Excluding property taxes and mortgages.

28
Q

Easements

A

The right to use the land of another for a particular purpose.

29
Q

Appurtenant easement

A

An easement attached to the ownership of one parcel and allows this owner the use of a neighbors land.

  • Servient Tenement: the parcel over which the easement runs through.
  • Dominant Tenement: the parcel that benefits.
30
Q

Easement by Necessity

A

One sells a parcel of land that has no access to a street except over the sellers remaining land.

  • Created by court order
31
Q

Easement by Perscription

A

If a claimant has made use of another’s land for a certain length of time. time determined by the state.

  • Claimant must be using it continuously.
  • Owner must be aware
32
Q

Easement Gross

A

An individual or company’s interest in the right to use someone else’s property.

  • Commercial easements in gross may be transferred.
  • Personal easements in gross generally terminated upon death of easement owner
33
Q

Terminating an easement

A
  • When need no longer exist
  • When owner of dominant or Servient tenement becomes the owner of both.
  • The release of right to Servient tenement
  • The abandonment of easement
  • The nonuse of Prescriptive easement
34
Q

Encroachments

A

When a structure illegally extends beyond the property line.

35
Q

License

A

A personal privilege to enter the land of another for a specific purpose.

36
Q

Deed Restrictions

A

A private restriction that affect the uses of the land places in the deed by a previous owner.

37
Q

Covenants, conditions, and restrictions (CC&R)

A

Private agreements that affect land use. Typically imposed by a developer or subdivider to maintain a specific standard.