Ch 3 Section 2 Private Limitations on Title Flashcards

1
Q

Encumbrances

A

Rights to the use and conveyance of property may be limited by individual as opposed to government
- any interest held by any person other than the owner
- restricts the use of property, reduces its value or both

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2
Q

2 general encumbrances

A
  • Those affecting title
  • those affecting the property physically
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3
Q

Private limitations on title that affect property physically include :

A
  • deed restrictions
  • encroachments
  • easements
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4
Q

Deed restrictions

A

Private agreements contained in a deed, lease, or will restricting the use of occupancy of real property
- also referred to as covenants, conditions, and restrictions

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5
Q

Encroachments

A

unauthorized infringements on a property owners rights as a result of physical intrusion

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6
Q

Easement

A

legal right to enter upon another’s property
- an actual interest in land rather than just a contractual agreement

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