Chapter 5-Estates, Interests, Liens, and Easements Flashcards

1
Q

Adverse Possession

A

Acquiring title to someone else’s real property by exclusive possession of it. Possession must be open and notorious, hostile and adverse, exclusive, and continuous for a prescribed number of years (e.g. in New York, 10).

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2
Q

Air Rights

A

The right to undisturbed use and control of airspace over a parcel of land (within reasonable limits for air travel); may be transferred separately from the land.

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3
Q

Appropriative Rights

A

Water rights allocated by government permit, according to an appropriation system. It is not necessary to own property beside the body of water in order to apply for an appropriation permit. Also called Prior Appropriation.

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4
Q

Appurtenance

A

A right that goes with real property ownership; usually transferred with the property, but may be sold separately.

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5
Q

Beneficiary

A

Person designated to receive benefits from a certain act.

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6
Q

Bundle of Legal Rights

A

All real property rights conferred with ownership, including right of use, right of enjoyment, and right of disposal.

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7
Q

Chattel

A

Personal Property

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8
Q

Common Areas

A

Land and Improvements in a condominium, planned unit development, or cooperative that all residents use and own as tenants in common, such as the parking lot, hallways, and recreational facilities; individual apartment units or homes are not included. Also call Common Elements

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9
Q

Curtesy

A

A husband’s common law interest in his wife’s property; not recognized in New York.

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10
Q

Dominant Tenement

A

Property that receives the benefit of an appurtenant easement.

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11
Q

Dower

A

A wife’s common law interest in her husband’s property; not recognized in New York.

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12
Q

Easement

A

A right to use some part of another person’s real property. An easement is irrevocable and creates an interest in the property.

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13
Q

Easement Appurtenant

A

An easement that grants access.

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14
Q

Easement by Condemnation

A
  1. Taking private property for public use through the government’s power of eminent domain. 2. A declaration that a structure is unfit for occupancy and must be closed or demolished.
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15
Q

Easement by Express Grant

A

An easement granted to another in a deed or other document.

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16
Q

Easement by Implication

A

An easement created by operation of law (not express grant or reservation) when land is divided, if there is a longstanding, apparent use that is reasonably necessary for enjoyment of the dominant tenement.

17
Q

Easement by Necessity

A

A special kind of easement by implication occurs when the dominant tenement would be useless without an easement, even without longstanding, apparent use.

18
Q

Easement by Prescription

A

An easement acquired by prescription.

19
Q

Easement for Light and Air

A

A view easement; considered a negative easement, the dominant tenement can prevent the subservient tenement from doing something on the land because it could affect the dominant land.

20
Q

Easement in Gross

A

An easement that benefits a person instead of land; there is a dominant tenant, but no dominant tenement.

21
Q

Emblements

A

Another term for fructus industriales, meaning fruits of industry.

22
Q

Encroachment

A

Physical object intruding onto neighboring property often due to a mistake regarding boundary lines.

23
Q

Encumberance

A

Non-possessory interest in property; a lien, easement, or restrictive covenant burdening the property owner’s title.

24
Q

Estate at Sufferance

A

Possession of property by a tenant who came into possession of the property under a valid lease, but stays on after the lease expires without the landlord’s permission.

25
Q

Estate at Will

A

A leasehold estate with no specified termination date and with no regular rental period.

26
Q

Estate for Years

A

Leasehold estate set to last for a definite period, after which it automatically terminates. Also called Term Tenancy.

27
Q

Fee on Condition

A

Defeasible fee that may be assigned and terminated by the grantor upon the occurrence of an event.

28
Q

Fee Simple Estate

A

The greatest estate one can have in real property; freely transferable and inheritable, and of indefinite duration, with no conditions on title. Also called: Fee Simple, Fee Title, or Fee Simple Absolute.

29
Q

Fixture

A

A man-made attachment; an item of personal property attached to or closely associated with real property in such a way that it has legally become part of the real property.

30
Q

General Lien

A

A lien against all property of a debtor, instead of a particular piece of property.

31
Q

Homestead Laws

A

Laws that protect property owners from lien foreclosure by