Chapter 8 Flashcards

1
Q
A
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2
Q

What is Fee Simple Absolute?

A

The most complete form of property ownership; includes full rights to use, sell, lease, or transfer property without conditions; lasts indefinitely.

Example: “A to B in fee simple.” B owns everything, forever.

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3
Q

What deed language indicates Fee Simple Absolute?

A

Phrases such as “A to B in fee simple,” “A to B and his heirs,” or “A to B forever.” indicate full ownership with no conditions.

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4
Q

What is Fee Simple Defeasible?

A

An estate in land that can be lost if a specified condition occurs; ownership is conditional.

Example: “A to B so long as it’s used as a park.” If it stops being used as a park, B loses it.

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5
Q

What is Possibility of Reverter?

A

A future interest retained by the original grantor in a fee simple defeasible estate if the condition is broken.

Example: If B uses the land for something other than a park, ownership reverts back to A.

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6
Q

What is a Contingent Remainder?

A

A future interest that passes to a third party if a condition in the estate is violated.

Example: “A to B so long as used as a park, then to C.” C gets the property if the park use ends.

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7
Q

What is a Life Estate?

A

An ownership interest that lasts for the lifetime of a specified individual and then ends.

Example: “A to B for life.” B has rights during their lifetime only.

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8
Q

What is Reversion?

A

A future interest retained by the grantor when a life estate ends and there is no remainder beneficiary.

Example: “A to B for life.” When B dies, the property returns to A.

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9
Q

What is a Vested Remainder?

A

A future interest given to a third party that is guaranteed to take effect upon the end of a life estate.

Example: “A to B for life, then to C.” C will definitely receive the property when B dies.

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10
Q

What is Tenancy in Common?

A

Co-ownership of property where each party owns an undivided interest; shares pass to heirs upon death.

Example: “A to B and C, and their heirs.” If B dies, B’s heirs inherit their share.

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11
Q

What is Joint Tenancy with Right of Survivorship (JTWRS)?

A

Co-ownership where the surviving owner automatically inherits the decedent’s interest without probate.

Example: “A to B and C, as joint tenants with rights of survivorship.” If B dies, C gets full ownership immediately.

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12
Q

What is an easement?

A

A legal right to use or restrict use of another person’s land; runs with the land and applies to future owners.

Example: A utility company has the right to maintain lines across private property.

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13
Q

What is a positive easement?

A

A right to affirmatively use another’s land for a specific purpose.

Example: A has a positive easement to use B’s driveway for access to the road.

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14
Q

What is a negative easement?

A

A restriction preventing the landowner from using their land in a certain way.

Example: An easement prohibiting B from building a wall that blocks A’s sunlight.

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15
Q

What is an express grant?

A

An easement created when a landowner grants someone rights in a deed over the servient estate.

Example: “B grants to A an easement for a 10x50 foot path on Parcel 1.”

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16
Q

What is a servient estate?

A

The land burdened by the easement — the land being used or restricted.

Example: Parcel 1 is the servient estate if A uses part of it for a driveway.

17
Q

What is a dominant estate?

A

The land benefiting from the easement — its owner gets the right to use another’s land.

Example: Parcel 2 is dominant if its owner uses Parcel 1’s driveway.

18
Q

What is an express reservation?

A

An easement retained by the grantor when they sell the land, written into the deed.

Example: “A grants Parcel 1 to B, reserving a driveway easement for A.”

19
Q

What is a prescriptive easement?

A

An easement acquired through long-term unauthorized use under specific conditions: actual, open, hostile, exclusive, and continuous for 21 years in Ohio.

Example: A uses B’s path without permission for 21 years and may gain legal rights to continue using it.