Chaoter 2.1 Flashcards

1
Q

Accretion

A

An addition to land from natural causes as, for example, from gradual action of the ocean or river waters

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2
Q

Acknowledgment

A

A formal declaration before a duly authorized officer by a person who has executed an instrument that such execution is his or her act indeed

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3
Q

Addition of fixtures

A

Occurs when a person affixes something to the land of another without an agreement permitting removal. The thing so affixed may then become the property of the landowner

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4
Q

Administrator

A

A person appointed by the probate court to administer the estate of a person deceased

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5
Q

Adverse possession

A

The open and notorious possession and occupancy under an evident claim or right, in denial or opposition to the title of another claimant

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6
Q

Alluvion

A

Soul deposited by accretion; increase of earth on a shore or bank of a river

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7
Q

Avulsion

A

The sudden tearing away or removal of land by action of water flowing over or through it.

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8
Q

Eminent domain

A

The right of the government to acquire property for necessary public or quasi public use by condemnation; the owner must be fairly compensated. The right of the government to do this and the right of the private citizen to get paid is spelled out in the fifth amendment

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9
Q

Escheat

A

The reverting of properties to the state when heirs capable of inheriting are lacking

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10
Q

Executor

A

A person named in a will to carry out its provisions as to the disposition of the estate of the deceased person

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11
Q

Foreclosure action

A

Procedure whereby property pledged as security for a debt is sold to pay the debt in the event of default in payment or terms

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12
Q

Grant deed

A

A deed in which Grant is used as the word of conveyance. The grantor implicitly warrants that he or she has not already conveyed to any other person and that the estate conveyed is free from encumbrances done made or suffered by the grantor.

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13
Q

Granted

A

The purchaser; a person to whom a grant is made

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14
Q

Grantor

A

Seller of property; one who signs a deed

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15
Q

Holographic will

A

Document written, dated, and signed in its entirety in the handwriting of the maker. It requires no witnesses

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16
Q

Intestate

A

A person who dies having made no will or a will that is defective in form, in which case the estate descends to the heirs at law or next of kin

17
Q

Metes and bounds

A

A term used in describing the boundary lines of land, setting forth all the boundary lines together with their terminal points and angles

18
Q

Partition action

A

Court proceedings by which co owners seek to serve their joint ownership

19
Q

Private grant

A

An owner voluntarily conveys his or her ownership rights to another

20
Q

Private

A

An action that takes place in superior court, and the estate property may be sold during the probate period

21
Q

Public grant

A

A governmental agency deeds property to an individual or institution

22
Q

Quitclaim deed

A

A deed to relinquish any interest in property the grantor may have

23
Q

Registered domestic partner

A

Established one person’s meeting the criteria specified by family code a declaration of domestic partnership with the security of state of California

24
Q

Statutory will

A

A pre-printed form approved by the state in which a person nearly filled in the blank’s, usually without formal legal assistance. This will requires at least two witnesses

25
Q

Succession

A

The handing down of property to another person

26
Q

Trust deed

A

Conveys bear legal title (but no rights of use or possession) to a third-party called a trust. This deed differs from others in that title is held by the trustee nearly as security for a lien

27
Q

US government survey system

A

Established monuments as points of beginning. The monuments are intersected by two imaginary lines ( base and meridian)

28
Q

Warranty deed

A

A deed used to convey real property that contains warranties of title and quiet possession, and the grantor thus agrees to defend the premises against the lawful claims of third persons

29
Q

Witnessed will

A

A formal typewritten document signed by the individual who is making it, wherein they declare in the prescience of at least two witnesses that it is their own will

30
Q

Accession

A

You may acquire title to property that is added to your existing real estate