Chapter 2 Flashcards
The government’s right to make laws and regulations for the general welfare is known as..?
Police power.
The City of Atlanta has condemned Nelson’s land in order to extend its rapid transit services. This procedure is made possible because of the city’s right of..?
Eminent domain.
A private landowner has the right to..?
Reject a claim for taxes
Repudiate a zoning ordinance
**Disinherit heirs
Refuse to sell the property or otherwise prevent the city from taking it for use as a street
In order to be effective, a lien should be..?
Recorded.
The total collection of rights that may be claimed by private ownership is best described as..?
The bundle of rights.
In real estate law, the word fee is closest in meaning to..?
An estate of inheritance.
What is correct about an estate?
It can exist simultaneously with another estate in the same property.
When given an estate for the life of somebody, what is this called?
An estate pur autre vie.
A right or claim of a creditor to have a debt satisfied from the proceeds of the sale of the debtors property in the event of default is..?
A lien.
Except for the property tax liens and in some cases mechanic’s liens, priority of fiends is determined by the..?
Date of recording.
Jones, a life tenant, grants Smith an easement across Jones’ land. Later Jones dies. The easement will..?
Terminate.
The Joneses have purchased an acre of land in Elite Acres subdivision and are aware of the face that covenants might limit the ways in which they use their property. Which is true of private restrictions..?
Covenants can be based on aesthetic considerations.
Unauthorized intrusion of a building, improvement, or other attachment onto a neighboring land is..?
An encroachment.
Smith signs an agreement with Jones to use and possess Jones’s land until May 1st. Their agreement creates..?
An estate for years.
All of the following can be characteristic of an easement EXCEPT..?
An easement creates an interest that may be protected from third party interference.
An easement can be created by conveyance.
An easement is an incorporeal right in the land of another.
**An easement may be revoked at will by the servient landowner.