Property Law Flashcards

(44 cards)

1
Q

Easement

A

Nonpossessory interest to use the land of another or restrict the land of another

Positive or negative

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2
Q

An easement can be positive or negative

A

Positive easement is granting the right to use
Negative easement is restricting the right use

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3
Q

Creation of an Easement (types)

A

express, necessity, prescription, implication

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4
Q

Express easement

A

easement between two parties relayed in writing

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5
Q

Easement by necessity ‘

A

factually based on if it was NECESSARY for one to enter the land of another…. “landlocked”

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6
Q

Easement by implication

A

Implied from prior use

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7
Q

Duration of easements

A

Easements generally last indefinitely unless terminated

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8
Q

Easement by prescription (statutor element)

A

I-using land for the statutory period (20 years)
2- the use is open, notorious, and adverse
3 gives a right to use land

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9
Q

Easement by prescription (statutor element)

A

I-using land for the statutory period (20 years)
2- the use is open, notorious, and adverse
3 gives a right to use land

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10
Q

Termination of easements

A

Express, necessity, abandonment, merger

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11
Q

Express terminates

A

Lasts for a period time in agreement

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12
Q

Termination of necessity

A

When no longer necessary

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13
Q

Abandonment termination

A

Express an intent not to return and non-use

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14
Q

Merger termination

A

Cannot have easement on entirely my own land

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15
Q

Merger termination

A

Cannot have easement on entirely my own land

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16
Q

Covenant

A

1- always in writing
2- looks like a contract
3- is a promise that allows/ restricts use of another person’s land

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17
Q

Restrictive covenant

A

Prohibits use of my or someone else’s land in a certain way

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18
Q

Duration of covenants _ generally runs with the land if:

A

SOF, intent, notice, privacy (horizontal and vertical ) touch and concerns the land

19
Q

Duration of covenants _ generally runs with the land if:

A

SOF, intent, notice, privacy (horizontal and vertical ) touch and concerns the land

20
Q

Touch + concerns the land means

A

Not personal between parties about the use of the land itself

21
Q

Equitable servitude

22
Q

Equitable servitude

23
Q

Different types of tenancies

A

Perlodie, for years, at will, at sufferance

24
Q

Periodic T

A

Start date t successive periods

25
Termination of period
No termination without note i month to month= 15 days yam
26
Equitable conversion
Upon signing, 1- equitable interest 2- buyer bears risk af loss
27
Marketable title
Title tree from defect or unreasonable risk of litigation - implied by seller - seller has until closigto cure detects
28
Need
Actually transfers property and is recorded in public records
29
Types of reads
Quit claim or warrant
30
Quit claim deed
No promise /warrantiesre title
31
Six warranties - warranty deed
Present and future Selsin, right to convey, covenant against encumbrances, quiet enjoyment, warrant of warrants, future assurances
32
Types of warranty deeds
General o special General = since property was created/developed Special a since seller has owned prop
33
Validity of deed I deed requirements
Writing (sof) Signed by grantor Signal by two witnesses Delivery of deed (intent) Acceptance is presumed unless evidence to the contrary Identifiable grantee Legal description of property Merger doctrine re and deed
34
Merger doctrine
, Re and deed merge, can only sue on concepts contained in the deed
35
Mortgages
Loan with land as collateral PMM prevails Lien theory
36
Mortgages
Loan with land as collateral PMM prevails Lien theory
37
FL is a lien theory state
Lender one has a lien but no title/ possession interest until forclosure
38
FL is a lien theory state
Lender one has a lien but no title/ possession interest until forclosure
39
Notice _ Florida is a pure nothejdx
The last or subsequent purchaser wins
40
Bonfire purchaser
Pays value and no notice of earlier transactions
41
Judgments/ creditors and hen holders and mortgages i Who are bps?
Judgement, creditors, kneeholes = not BIP Mortgagees are BFP's
42
Owning property types
J.T.R.O.S. T.I.C. Tenany by entlretz
43
Seller has duff to disclose
Materially affects the value that knew or S.H.K.
44
Seller has duff to disclose
Materially affects the value that knew or S.H.K.