Ch 33 Acquiring Title to Real Property Flashcards
Accretion
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
Adverse Possession
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
Alluvion
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
Attachment
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
Convey
to transfer
Conveyance
a formal, written instrument by which title to real property is transferred from one person to another
Deed
a formal, written instrument by which title to real property is transferred from one person to another
Disseised
dispossessed
Divested
taken away
Erosion
the gradual eating away of the soil by the operation of currents or tides
Foreclose
to shut out, bar, or terminate
Homestead Act
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.
Infancy
under the age of majority
Mortgagee
one who lends money and takes back a mortgage as security for the loan
Mortgagee’s Foreclosure Sale
a sale of real property that terminates all rights of the mortgagor in the property covered by the mortgage