Assessments Flashcards
Florida Property Distinctions
In Florida, most reverter and forfeiture provisions are limited to _______ years from the date of conveyance.
21
In Florida, when a grantor attempts to convey a fee tail (e.g., “O to A and the heirs of his body”), what type of present possessory estate is created?
Life estate
If a future interest is held in trust, how long is Florida’s “wait and see” period?
360 years
What is the default form of concurrent ownership?
Tenancy in common
A termination notice provision in a lease for a tenancy for years may not require more than ____ days’ notice.
60
With regard to a month-to-month periodic tenancy in Florida, how much notice must a residential tenant give a landlord?
15 days prior to the end of any monthly period
Under what conditions may a tenant in a multifamily dwelling terminate a lease when a landlord does not comply with his duty to repair?
Upon written notice of a lack of hot water in the dwelling, the landlord fails to fix the problem within seven days.
What remedies are available to a landlord for a tenant’s breach in Florida?
- In a nonresidential lease, if a tenant fails to pay the rent at the time it becomes due, the landlord may immediately file an ACTION TO RECOVER POSSESSION of the property.
- If the landlord wants to terminate a residential lease due to a tenant’s failure to pay rent, the landlord must provide a written demand for rent to be paid or the premises vacated within three days. 3 DAY NOTICE
- Landlords in Florida may file an action for possession against a holdover tenant, and MAY SEEK DOUBLE THE RENT for the period of time that the holdover tenant does not relinquish possession.
In Florida, what is a landlord’s obligation with respect to delivering possession of the premises?
The landlord must deliver physical possession.
Florida follows the __________ rule regarding risk of loss, putting the risk of loss on the __________.
majority; buyer
What type of recording statute is in effect in Florida?
Notice
What are the requirements for delivery and recording of deeds in Florida?
In Florida, a deed to real property must be SIGNED in the presence of TWO subscribing witnesses.
What are the requirements to creating an easement by necessity in Florida?
- There was UNITY OF TITLE before severance of the estates.
- A person grants land with NO ACCESSIBLE RIGHT-OF-WAY.
- There is no reasonable or practicable way to get on or off the property.