Ch 2 - Nature & Description Flashcards Preview

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Flashcards in Ch 2 - Nature & Description Deck (25)
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1

The act of removing something attached to land or of terminating a relationship

Severance

2

Items of tangible personal property

Chattels

3

A street address; not a precise method of land description, used more for convenience and is not used in situations requiring precision

Informal reference

4

An early method of land description that provides a legal reference; depends heavily on natural monuments such as trees, a pile of rocks, or a stream

Metes and bounds

5

This method of land description is based on the imaginary lines that encircle the globe; also called government survey system

Rectangular survey system

6

This type of measurement is used to describe mineral rights or air lots in multi-story condominiums

Vertical land description

7

A map shows hills and valleys, slopes and water runoff; indicates elevation

Contour map/topographic map

8

Fixtures attached to a rented building by the tenant for the purposes of doing business

Trade fixtures

9

True or false:

A landowner can use the water touching his land provided he/she does not alter the waters position by artificial means

True

10

True or false:

Ownership of real property is conveyed by a deed

True

11

True or false:

Cars, boats, furniture, and clothes are examples of Chattels real

False

12

True or false:

The bundle of rights includes the rights of possession, use, enjoyment, control, and disposition

True

13

True or false:

Trade fixtures do not count as personal property

False

14

True or false:

metes and bounds is the most precise method of land description

True

15

Anything that is attached to the property and conveys with the title to real property it’s called:

Appurtances

16

True or false:

Ownership of personal property is usually transferred by a bill of sale

True

17

What is the term for the right to use water in common with the other landowners whose land also borders the watercourse?

Riparian rights

18

What determines the ownership and use of water in states where water is scarce?

Doctrine of prior appropriation

19

Water beneath the surface of the land and not confined to a defined waterway is known as…

The level at which such water is found is called the…

Percolating water

Water table

20

Tangible property such as a building or fixture

Corporeal property

21

NOT tangible property and can include things such as rent or rights associated with an easement

Incorporeal property

22

An article is determined to be real estate because of:

- The manner of attachment
- The adaptation of the article
- The existence of an agreement
- The relationship of the parties involved

23

How is natural vegetation classified?

Fructus naturales

24

Personal property is determined by its...

Realty determined by its...

Mobility

Immobility

25

What is true about all of these:

1. Informal reference
2. Metes and bounds
3. Rectangular survey
4. Recorded plat
5. Vertical land description

They are commonly used methods to describe the location of land