Chapter 6 Estates and Interests Flashcards

1
Q

right sometimes acquired through usage (Fence example) used for a period of 20 years

A

easement by prescription

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2
Q

any easement, encroachment, etc. (affect or limit use, value or tittle (Run with Land) )

A

Encumbrances

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3
Q

right to access to a landlocked (another’s property) parcel (entrance and exit to owner A property using the owners B land)

A

easement by necessity

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4
Q

amount of ownership in real property

A

estate in land

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5
Q

building intruding on another’s land (illegally extends beyond the land)

A

Encroachment

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6
Q

property that benefits from an easement

A

dominant estate

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7
Q

most complete ownership of land possible (entitles all; right, pass to heirs and no time limit)

A

fee simple

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8
Q

husband’s rights in wife’s property

A

curtesy

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9
Q

ownership lasting indefinitely (indeterminable length)

A

freehold state

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10
Q

placed against real estate by a worker who has not been paid

A

construction lien

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11
Q

ownership “as long as” (can terminate on the occurrence or nonoccurrence of a specified event and revert to remainders)

A

fee determinable

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12
Q

permanent right to use another’s land

A

Easement

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13
Q

right that runs with the land (access to beach walkway)

A

easement appurtenant

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14
Q

transfer by sale or gift

A

convey (transfer title to)

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15
Q

right used for utility lines on another’s land

A

easement in Gross

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16
Q

wife’s right in husband’s property

A

Dower

17
Q

adding successive periods of usage

A

Tacking

18
Q

the tract over which an easement runs (provided of the land)

A

servient estate

19
Q

temporary permission to enter another’s land for a specific purpose and is not permanent

A

License

20
Q

Claim against one parcel of real estate

A

Specific lien

21
Q

the other in which liens are paid

A

Priority

22
Q

right to use and possess for limited time

A

leasehold state

23
Q

complete ownership until someone’s death (if reversionary interest is maintain, it reverts to the owner or heirs)

A

life estate

24
Q

third party who will gain eventual ownership

A

Remainderman

25
Q

financial claim against real estate

A

lien

26
Q

lender’s claim against real estate

A

mortgage lien

27
Q

property taxes are one

A

involuntary lien

28
Q

mortgage or equity loans, for example are

A

voluntary lien

29
Q

claim against all property someone owns

A

general lien

30
Q

notice that a lien may be filed

A

lis pendens

31
Q

structure owned by two adjoining landowners

A

party wall

32
Q

future interest of an owner

A

reversionary interest

33
Q

entitle to all income and profit and responsible for tax payment is

A

life tenant

34
Q

real estate acquired after 05/28/80 that is not the marital home can be sold by one owner only

A

Joint possession

35
Q

restricts future owners’ use of land

A

Deed Restrictions