Ch. 1 Key Terms Flashcards
(36 cards)
Real property
Land, attachments, and appurtenances
Personal Property
Anything that is not real property; its main characteristic is movability
Appurtenance
A right incidental to the land that is transferred with it. It may include any or all of these:
- air rights
- water rights
- solid mineral rights
- oil and gas rights
- support rights
Emblements
Crops, such as wheat, produced annually through the labor of the cultivator
Trade fixtures
personal property attached to real property by a tenant for use in a trade or business. Trade fixtures are removable by the tenant.
Air rights
The right to use the airspace above a particular parcel of land as long as it does not impede air traffic. BUT if air traffic interferes with a landowner’s right to normal use of his land and causes substantial harm, he may sue for compensation or force the government to condemn the property and compensate him for its fair market value.
Riparian rights
The water rights of a landowner whose land borders on a stream, a lake, or other body of water. It allows only reasonable use of the water.
Riparian land
Land bordered by flowing water, such as a stream or river.
Littoral land
Land bordered by a stationary body of water, such as a lake or pond or even an ocean.
Appropriative rights
Water rights established by obtaining a government permit and not based on ownership of land beside a body of water. It isn’t necessary for the applicant to own land beside the body of water and does not have to be used on property adjacent to the water source.
Prior appropriative rights
Applies to ground and surface water. Mainly used in western Washington where water resources are often scare and therefore carefully controlled. If someone fails to use the water for a certain period of time, he may lose his water rights.
Overlying rights (Ground Water)
In regards to ground water in aquifers beneath a landowners property, the landowner may use this water (such as a well) without a permit. BUT it may not be transported for use on or off property.
Solid Mineral rights
A landowner owns all the solid minerals within the “inverted pyramid” under the surface of her property. These are considered real property until they are extracted from the earth, at which point they become personal property. Mineral rights can be sold separately from the rest of the property.
Easement
The right to enter the land of a landowner under certain circumstances, such as when mineral rights are obtained
Oil and Gas rights
Once a reservoir has been tapped and a well established, it becomes governed by the “rule of capture”. Any oil or gas that gets produced from the well becomes that landowner’s personal property.
Support rights
A piece of land that is physically supported by the other land that surrounds it. A landowner has the right to the natural support provided by the land beside and beneath her property.
Lateral support
The physical support that a piece of land receives from the surrounding/adjacent land.
Subjacent support
The physical support that a piece of land receives from the underlying earth.
Natural attachments
Anything that is attached to the earth by roots. This is considered part of the real property. Although, crops to be harvested are treated as personal property. Ex: An orchard of cultivated apple trees would be realty, but the apples would be considered personal.
Doctrine of Emblements
A special rule that applies to crops planted by a tenant farmer. If the tenancy is for an indefinite period of time and the tenancy is terminated through no fault of the tenant before the crops are ready for harvest the tenant has the right to re-enter the land and harvest the first crop that matures after the tenancy is terminated.
Man-mad attachments: Fixtures
Items that have been attached to the land by people. Ex: a house, a fence, a gazebo. This is considered part of the real property. A fixture is transferred to the buyer along with the land unless otherwise agreed.
Bill of Sale in real estate
A bill of sales conveys title to personal property from a seller to a buyer pertaining to personal property located on the real property.
Fixture Tests
- Method of attachment
- Adaptation to the property (adapted for use on a particular property)
- Intention of the annexor (did the owner intend the fixture to be personal or permanent)
- Relationship of the parties
Metes and bounds
A system of land description in which the boundaries of a parcel of land are described by reference to monuments, courses, and distances.