Unit 1 Flashcards

(53 cards)

1
Q

Appurtenances

A

Attached to.
Example: land includes appurtenances. The things attached to the land (built on)

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

3 Rights

A

Air rights
Surface rights
Sub surface rights

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

Riparian

A

Rights to a river, lake, or ocean

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

Erosion

A

Gradual loss of land

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

Accretion

A

Gradual gain of land

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

Sub surface rights

A

All rights to minerals under you fo be reserved or transferred

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

Air rights

A

-Government controls air space
-owners may not interfere

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

All of the following are physical components of land except

A

Air rights
Surface rights
Sub service rights
Timber rights

(Timber rights)

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

Example of improvement

A

Anything attached to land

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

Chattel

A

Everything that is not actual real estate
(Furniture, personal stuff)
Washer
Dryer
Fridge
(Must be added to agreement)
Addendum must be added for ^

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

Law of Fixtures

A

An object that was once personal property but has been attached to an improvement so as to become real estate

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

Attachment

A

Permanent or not

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

Adaption

A

Built in or custom made

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

Agreement

A

In writing

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

3 As

A

Attachment, Adaption, Agreement

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

Scarcity

A

Limited supply of land

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Situs

A

Location
Location
Location

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

The economic characteristic that deals with the value of land being affected by actions in the surrounding area

A

Situs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Immobility

A

Land cannot be moved

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Indestructibility

A

Land is permanent

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Uniqueness

A

No two parcels of land are the same

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

Metes and Bounds

A

Metes = Measures
Bounds = Shape or boundaries

Begin and end at point of beginning

Measure in clockwise direction

23
Q

POB

A

Point of beginning
Natural or Man made monument

24
Q

The point in which a metes and bounds description ends is called the point of ending

A

False

POB (true)

25
NESW
N 0 degrees E 90 degrees S 0 degrees W 90 degrees
26
Tallahassee principal Meridian
36 principle meridians in entire state
27
Tallahassee base line
East west line
28
Ranges
6 miles wide and run north to south
29
Range 1 (Tier)
6 miles from Meridian
30
Range 2
12 miles from meridian
31
Town ships
36 square mile 6 miles squared
32
Town ship
640 acres 36 miles 36 sections 43,560 sqft Each section 1 by 1 mile
33
How many acres in the NW 1/4 of the SW 1/4 of the SE 1/4 of the SE 1/4
2.5 acres
34
To convert aceage to square feet multiply the number of acres by 43,560 square feet per acre How many square feet is in 3 acres?
130,680 sqft
35
In relation to the principal Meridian, what is the location of 30, township 3 South range 4 east
18 miles east
36
What direction does a line run from a given point North 90 East?
E-W East to west
37
What are the North/South line and the East/West line that intersect
Principal Meridian and base line
38
What is the proper order when expressing the range, township and section?
Section, Township, Range
39
Plat map
Plat is a map that shows the lots, divisions, and street locations when a parcel is subdivided
40
Dedication
Is the transfer of land, such as roadways or other public spaces, to a government body for public use
41
A tract of land measuring 330 feet wide by 1,320 feet deep would contain:
10 acres 330x1320 = 435,600 square feet; 435,600 divided 43,560 = 10 acres
42
Gradual loss of land due to natural causes
Erosion
43
An item effixed to land with the intent of being permanent
Improvement
44
All property other than real estate
Chattel
45
An object that was once personal property but has been attached to an improvement as to become
real estate
46
Land in improvements in the rights to own and use them
Real estate real property
47
Tenant installed additions which are a necessary part of the tenants trade or business
Trade fixtures These belong to tenant
48
The economic characteristics of real property that causes land to be affected in the surrounding areas
Situs (Location)
49
A type of property description that utilizes distance and direction to proceed around the property to return in point of the beginning
Meets and bounds P.O.B (Beginning and end) Clockwise . . . . Survey pins Monuments
50
A recorded map that shows the lots divisions and street locations in a sub division
Lot and block A recorded plat
51
The imaginary north and south line that intersects the base line and is used as a reference line for numbering ranges
Principal Meridian
52
Florida Principal Meridian
Tallahassee principal Meridian
53
Principal Meridian
Main principal Meridian Base line that intersects main line -Vertical line (Range line) Every 6 miles from main meridian -Horizontal line (Tier Line) every 6 miles from Base line Little squares 6 miles by 6 miles (Town ship) Inside town ship 36 individual squares Mike by mile (Sections)