Chapter 3 Flashcards
an easement across another person’s land is
an encumbrance
a utility easement held by the telephone company for the installation of a telephone line would be best described as
easement in Gross
the major difference between obtaining an easement by prescription or title by adverse possession would involve the
payment of property taxes
private deed restrictions are also known as CC&R’s. these initials stand for
covenants, conditions, and restrictions
which of the following two terms go together
police power - public restrictions
if an owner fails to file a proper notice of completion in the county recorder’s office, all unpaid mechanics have how many days to file a lien
90 days
all of the following are true except
a suit for removal of an encroaching fence must be brought within 10 years from the date of the encroachment
which of the following is not correct
a notice of non responsibility is usually recorded by a tenant
single, under 65 years and not of low-income the homestead exemption is
$75,000
for a formal declared Homestead to be valid it must be
recorded
per the formally declared homestead law, and owner’s equity within the allowed amount, is protected for how many months in the event the homeowner sells and purchases another home
6 months
a homestead is considered terminated when
the home is sold
Joe owns a home and has an easement over 20 ft of Bobs land. Joe cells to Greg Based on this information
Greg has an appurtenance
a homestead, within the statutory amounts, will protect against
mechanic’s liens
assume that there is a lot 75 ft wide and 100 feet deep at the corner of Oak and 10th streets. There is a 10 ft easement along Oak Street in a 20ft easement along 10th Street how many square feet are there in the lot
7500 square feet
a court order to force the sale of real estate to pay a judgment is called
a writ of execution
which of these statements would be correct concerning a covenant and a condition in a deed
neither
satisfaction of judgment is recorded when a
judgment is paid
a valid Homestead has been placed on their home by mr. and mrs. Ervin this Homestead will be terminated when they
- given option to sell the house
- move out of the house
- lease the home
- none of the above will automatically terminate the homestead
none of the above
after a proper notice of completion has been filed if the material supplier wishes to file a mechanic’s lien the supplier has how many days in which to do so
30 days
deed restrictions that apply to all Lots in a new subdivision are created by the
developer
a right-of-way 10 ft wide and 54 ft long is approximately what percent of a quarter acre
5%
a lessor can protect against a mechanic’s lien for unpaid construction work ordered by a lessee
posting and recording a notice of non responsibility
in the field of real estate most documents must be acknowledged before they can be recorded. Which document must be verified, not acknowledge, before it can be recorded
mechanics lien
