Chapter 20 - Transfer of Title Flashcards

0
Q

Adverse possesion

A

the actual,visible, hostile, notorious, exclusive, and continuous possession of another’s land under a claim of title.

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1
Q

Administrator

A

Named by the court if no executor is named to oversee Administation and distribution of the estate.

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2
Q

Descent

A

Statues dealing with how title to real estate and personal property passes when owner dies intestate.

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3
Q

Executor

A

a male person, corporate entity,or any other type of organization designated in a will to carry out its provisions. female version - executrix.

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4
Q

Heir

A

One who inherits property under a will; one who will inherit under the state law of descent when someone dies intestate.

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5
Q

Intestate

A

The condition of a property owner who dies without a will.

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6
Q

Involuntary alienation

A

Transfer of property without owners consent, usually carried out by operation of the law, ranging from government condemnation of land for public use to a sale of property to satisfy delinquent tax or mortgage liens.

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7
Q

Last will and testament

A

An instrument made by an owner to voluntarily convey title to the owner’s property after his or her death.

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8
Q

Probate

A

The judicial proceeding to confirm the validity of a will.

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9
Q

Testate

A

Dies with a will.

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10
Q

Testator

A

One who signs a will.

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11
Q

Voluntary alienation

A

Transfer of title made by gift, sale or exchange.

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12
Q

Seisin

A

The possession of land by someone who claims to own at least an estate for life therein.

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13
Q

Adverse possession

A

Is another means of involuntary transfer when someone takes possession and uses the land of another.

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