Ch 2 - Nature & Description Flashcards
The act of removing something attached to land or of terminating a relationship
Severance
Items of tangible personal property
Chattels
A street address; not a precise method of land description, used more for convenience and is not used in situations requiring precision
Informal reference
An early method of land description that provides a legal reference; depends heavily on natural monuments such as trees, a pile of rocks, or a stream
Metes and bounds
This method of land description is based on the imaginary lines that encircle the globe; also called government survey system
Rectangular survey system
This type of measurement is used to describe mineral rights or air lots in multi-story condominiums
Vertical land description
A map shows hills and valleys, slopes and water runoff; indicates elevation
Contour map/topographic map
Fixtures attached to a rented building by the tenant for the purposes of doing business
Trade fixtures
True or false:
A landowner can use the water touching his land provided he/she does not alter the waters position by artificial means
True
True or false:
Ownership of real property is conveyed by a deed
True
True or false:
Cars, boats, furniture, and clothes are examples of Chattels real
False
True or false:
The bundle of rights includes the rights of possession, use, enjoyment, control, and disposition
True
True or false:
Trade fixtures do not count as personal property
False
True or false:
metes and bounds is the most precise method of land description
True
Anything that is attached to the property and conveys with the title to real property it’s called:
Appurtances