Chapter 3: Encumbrances & Transfer of Ownership Flashcards

1
Q

Abandonment

A

The obvious and intentional surrender of the easement

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2
Q

Accession

A

Process by which there is an addition or reduction to property by the

efforts natural forces.

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3
Q

Accretion

A

An increase in actual land due to natural causes- for example, from the gradual action of the ocean or river waters.

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4
Q

Alienate

A

The act of transferring ownership, title, or interest.

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5
Q

Bequest

A

A gift of personal property by will.

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6
Q

Codicil

A

Changes in a will

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7
Q

Easement in gross

A

An easement that is not appurtenant to any one parcel.

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8
Q

encroachment

A

The unauthorized placement of permanent improvements that intrude on

adjacent property owned by another.

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9
Q

grantee

A

The person receiving the property, or to whom it is being conveyed.

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10
Q

grantor

A

The person conveying or transferring the property.

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11
Q

homestead

A

Status provided to a homeowner’s principal residence that protects the

home against judgments up to specified amounts.

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12
Q

instrument

A

A document in real estate.

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13
Q

intestate

A

Dying without leaving a will.

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14
Q

license

A

Permission to use a property which may be revoked at any time.

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15
Q

lis pendens

A

Notice that indicates PENDing LItigation affecting title on a property.

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16
Q

quiet title action

A

It is a court proceeding to clear a cloud on the title of real property.

17
Q

reliction

A

Occurs when land that has been covered by water is exposed by receding

of the water.

18
Q

succession

A
19
Q

Dominant tenanment

A

Person who can cross a property

20
Q

Servieant Tenement

A

Person whos property is being crossed (they are giving a service)

21
Q

If testate who is the person who dies? Who is the person who inherits the prop? What is the prop called?

A

Devisor, devisee, devise (if person prop then it is called legacy)

22
Q

Ways to terminate easement

A

FAME= Failure of purpose, abandonment, merger, express release

23
Q

How title is acquired?

A

Will, descent, natural forces, adverse possession (squatters), transfer by deed

24
Q

If you die intestate:

A

Court will give you an administrator, and prop will be distributed to descendants

25
Q

Valid Deed checklist

A

legally competent, description of prop, consideration, words of conveyance, named grantee (no sig required), and signed by GRANTOR

26
Q

Habendum Clause

A

Outlines the use of the property

27
Q

Erosion

A

Gradual soil loss from water (water submerges the land)

28
Q

Avulsion

A

Land is washed away by water- for example, a dam breaks and the rushing water washes away a strip of land.

29
Q

General Warranty Deed

A

(5 Star general) Covenant to siezen, against encumbrances, of quiet enjoyment, of further assurance, and of warranty forever.

30
Q

Grant Deed

A
  1. Grantor has not already conveyed title 2. free of encumbrances
31
Q

Special Warranty Deed

A

grantor only warrants title to prop during the time of the grantors ownership

32
Q

Bargain & Sale Deed

A

No protection, no warranties, no covenants just shows ownership

33
Q

Quitclaim Deed

A

No warranties, known as release deed bc it releases any interest the grantor has in the prop

34
Q

Injunction

A

Court order telling someone to not to do sum

35
Q

Condition

A

Dont do something on the property or else we will take back the property

36
Q

Escheat

A

Prop goes to state bc no will and no one to inherit after owner dies

37
Q

Execution sale

A

Forced sale under writ of execution

38
Q

Inverse Condemnation

A

suing the government bc their fair market value when they took ur property wasn’t really that fair

39
Q

Creating Easements

A

Express grant, express reservation (someone reserves the right to cross from former prop), necessity (landlocked), prescription (continuous, uninterrupted use for a period of time)