Ch 3 - Rights & Interest Flashcards

1
Q

A deed which conveys whatever interest

Or title the grantor may have in the property, if any; contains no covenants or warranties of title, either expressed or implied; the grantor does not purport to have title or possess any interest in the property to be conveyed

A

Quit claim deed

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

A necessity allowed by law

A

estover

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

One who has the right to take an estate in remainder

A

Remainderman

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

Laws passed to enable state and local governments

A

Enabling acts

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

The fall and free ownership of rights in the land

A

Allodial system

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

A doctrine used to prevent a right or claim because of delay or failure to assert the right or claim

A

Laches

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

Authorization for the sheriff to seize and sell enough of the debtors property to satisfy the judgment and to pay expenses of the sale

A

Writ of execution

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

A written notice that a lawsuit has been filed

A

Lis pendens

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

Any claim, right, liability or restriction that limits a fee simple estate

A

Encumbrance

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

rights usually given to utility companies and railroads

A

Commercial easements

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

Deed restrictions or deed covenants that govern land use

A

Private controls

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

What type of lien is always the first priority in liens?

A

A tax lien

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

Type of lien created by the property owner

A

Voluntary lien

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

Type of lien created by operation of law

A

Involuntary lien

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

Governments rights to regulate land use derives from…

A

Police power

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

True or false:

And individual’s estate in land is not determined by quantity

A

True - quantity is not a determining factor

17
Q

A right that one party has to use another party’s land for a special purpose

A

Easement

18
Q

What are some examples of police power?

A
  • zoning
  • building codes
  • fire codes
  • health codes
  • rent control
  • environmental protection
  • fair housing
  • real estate licensing
19
Q

What are the four categories of leasehold estates?

A
  1. Estate for years
  2. Periodic estate
  3. Estate at will
  4. Estate at sufferance

PYWS - periodic, years, will, sufferance

20
Q

What are two classifications of community property?

A

Separate property and community property

21
Q

What are the seven ways easements can be made?

A

CRAPING

Condemnation
Reservation
Agreement
Prescription 
Implication
Necessity
Grant
22
Q

What are the six ways easements can be ended?

A
Merger
Abandonment
Prescription
End of necessity 
Expiration of purpose 
Release
23
Q

What are the types of liens?

A

MGM

Mechanic’s lien
General lien
Mortgage lien

24
Q

Actual ownership of land for an unpredictable duration

A

Freehold estate

25
Q

The user of a property is not the owner and the length of the interest is of a definite duration

A

Non-freehold estate

26
Q

What are dower right, courtesy right, community property and Homestead protection all known as

A

Statutory estates