Ch 33 Acquiring Title to Real Property Flashcards

1
Q

Accretion

A

any gradual addition to the soil made by nature, such as the gradual accumulation of soil on land next to a stream, caused by the action of water

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

Adverse Possession

A

title to real property obtained by taking actual possession of its openly, notoriously, exclusively, under a claim of right, and continuously for a period set by statute

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

Alluvion

A

any gradual addition to the soil made by nature, such as the gradual accumulation of soil on land next to a stream, caused by the action of water

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

Attachment

A

the act of taking or seizing property by the use of writ, summons, or other judicial order and bringing it into the custody of the court so that it may be applied toward the defendants debt if the plaintiff wins the case

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

Convey

A

to transfer

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

Conveyance

A

a formal, written instrument by which title to real property is transferred from one person to another

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

Deed

A

a formal, written instrument by which title to real property is transferred from one person to another

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

Disseised

A

dispossessed

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

Divested

A

taken away

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

Erosion

A

the gradual eating away of the soil by the operation of currents or tides

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

Foreclose

A

to shut out, bar, or terminate

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

Homestead Act

A

1862 anyone who was at least 21 years old and who had never taken up arms against the U.S. to get up to 160 acres of public, undeveloped land.

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

Infancy

A

under the age of majority

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

Mortgagee

A

one who lends money and takes back a mortgage as security for the loan

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

Mortgagee’s Foreclosure Sale

A

a sale of real property that terminates all rights of the mortgagor in the property covered by the mortgage

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

Mortgagor

A

one who borrows money and gives a mortgage that is pledges property to the lender as security for the loan

17
Q

Record Owner

A

the person who appears to be the owner of the property according to the records at the registry of deeds

18
Q

Reliction

A

the gradual recession of water, leaving land permanently uncovered

19
Q

Right of Redemption

A

the right to take property back. a statutory right to redeem the property even after a foreclosure sale.

20
Q

Seal

A

a mark, impression, the word seal, or the letters L.S. placed on a written contract next to a party’s signature

21
Q

Seisin

A

possession of a freehold

22
Q

Sheriff’s Sale

A

a sale of property at public auction conducted by a sheriff

23
Q

Tacking

A

the addition of a previous occupants possession to ones own possession in order to meet the statutory period for adverse possession

24
Q

Vendee

A

a purchaser or buyer of property or good

25
Q

Vendor

A

a person who transfers property or goods by sale