Chapter 5 Flashcards

(37 cards)

1
Q

4 Government powers

A
  • police power
  • eminent domain
  • taxation
  • escheat
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Police power

A

states can enact legislation to preserve order and protect the public

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Eminent domain

A

the government may acquire privately owned land for public use

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Taxation

A

taxes are imposed to raise government funds

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Escheat

A

ownership of real property may revert to the state when an owner dies with no will and no heirs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Estate in land

A

the degree, quantity, nature, and extent of an owner’s interest in real property

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Freehold estates

A

this ownership interest lasts for an indeterminable length of time and can be passed along to heirs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Life estate

A

based on the lifetime of a person and terminates when that individual dies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Fee simple

A

An interest in property that allows its holder and his or her heirs to own and possess the property in perpetuity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

2 estates of inheritance

A
  • fee simple

- defeasible fee estates

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

2 types of life estates

A
  • conventional life

- legal life estates

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Conventional life

A

created by acts of the parties

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Legal life estates

A

created by law

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Defeasible fee estates

A

A fee simple interest that can be terminated by the occurrence or non-occurrence of an event or condition.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

2 types of defeasible fee estate

A
  • fee simple determinable

- fee simple subject to a condition subsequent

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Fee simple determinable

A

A fee simple interest in property that is terminated automatically upon the occurrence or non-occurrence of an event or condition

17
Q

Fee simple subject to a condition subsequent

A

A fee simple interest that can be terminated at the will of a future interest holder upon the occurrence or non-occurrence of an event or condition

18
Q

Pur autre vie

A

a life estate may also be based on the lifetime of a person other than the life tenant

19
Q

Dowery

A

the life estate that a wife has in real estate of her deceased husband

20
Q

Curtesy

A

an identical interest that a husband has in the real estate of deceased wife

21
Q

Encumbrance

A

a claim, charge, or liability that attaches to real estate

22
Q

Liens

A

a monetary charge against a property that provides security for a debt or obligation of the property owner (EX: taxes, mortgages, judgments, and mechanics lien)

23
Q

Deed restrictions

A

private restrictions that affect the use of the land

24
Q

Easements

A

the right acquired by one person to use another’s real estate

25
Appurtenant easement
involved two adjacent and separately owned tracts; the owner allows the neighbor to use their land
26
Servient tenement
The land burdened by an easement
27
Dominant tenement
the land belonging to the holder of the easement appurtenant
28
Easement in gross
a legal right to use another person's land for as long as the owner owns that land or the holder of the easement dies
29
Easement by necessity
when an owner sells a parcel of land that has no access to a street except over the seller's remaining land
30
Easement by prescription
if someone request to use another's land for a certain period
31
5 conditions to claim a prescriptive easement
- Continuous - Adverse - Notorious - Open - Exclusive
32
Easement by condemnation
created under the government right of eminent domain
33
License
oral permission to enter another's property for a specific purpose
34
Encroachment
the illegal extension of a building or fence that extends beyond the land of the owner
35
Riparian rights
gives the owner of land adjacent to a non-navigable stream ownership of the land to the stream's midpoint
36
Littoral rights
owners of land bordering commercially navigable lakes and oceans
37
Doctrine of prior appropriation
this decides water use, the water belongs to the state and allocates to users who have obtained permission