ch 2 Flashcards

1
Q

Define Appurtenances

A

a right or privilege that belong to and passes with the land but is not necessarily part of the land. Includes Easements, right of way, condo parking stalls

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2
Q

Metes and bounds

A

Give directions by distance and direction

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3
Q

define real estate

A

The land and improvements to land and the right to use them.

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4
Q

three groups of land rights

A

Surface, subsurface, and air

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5
Q

Improvements

A

permanently affixed to the land with intent of permanency

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6
Q

Fixtures

A

Objects attached to land

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7
Q

4 tests for fixture vs. personal property

A

manner of attachment, adaptation of object, existence of agreement between parties, relationship of parties involved

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8
Q

Riparian rights

A

Land owner next to river or stream has rights to use it but not to alter it or dam it or prevent users down stream from use

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9
Q

Littoral rights

A

Land owner next to lake or sea may use or enjoy water without altering it by artificial means

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10
Q

Water permits

A

springs and wells must have permit to use even though they are on your property

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11
Q

Rectangular survey system

A

Uses longitude and latitude lines

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12
Q

Base and Meridian

A

Base lines are longitude and meridians are latitude

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13
Q

Physical characteristics of land

A

Immobility, indestructibility, Nonhomogeneity, nonfungible

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14
Q

define nonhomogeneity

A

no two exactly alike

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15
Q

define nonfungible

A

cannot be substituted each is presumed to be unique

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16
Q

Economic characteristics of land

A

scarcity, modification, fixity, situs