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Real Estate > Chapter 3.B > Flashcards

Chapter 3.B Flashcards

1
Q

An easement that benefits an individual or a legal entity,rather than a dominant estate is known as…

A

Easement in Gross.

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2
Q

Any right or interest in the land interfering with its use or transfer, or subjecting it to and obligation is known as…

A

Encumbrance

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3
Q

A tax lien is an example of what type of lien?…

A

Involuntary Lien.

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4
Q

A legal document filed in the office on the county clerk giving notice that an auction or proceeding is pending is the courts affecting the title to the property is known as…

A

Lis Pendens

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5
Q

A lien imposed by law upon a property to secure the payment of taxes is known as…

A

Tax Lien

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6
Q

Mechanic’s lien is an example of what type of lien?

A

Involuntary lien

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7
Q

Where can one go to find what type of liens are filed against a property?

A

Title report

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8
Q

A right to cross or otherwise use someone else’s property for a specified purpose is known as?..

A

Easement

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9
Q

A mechanic’s lien is an example of what type of line?…

A

Specific lien

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10
Q

A judgment lien is an example of what type of lien?

A

General lien

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11
Q

An income tax lien is an example of what type of lien?

A

General lien

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12
Q

What time does a lien take into effect?

A

When the lien is entered into the court record

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13
Q

Generally speaking how are liens prioritized among one another?

A

The date on which they were filed.

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14
Q

What can be granted to a property owner, which would allow access through one’s property but not ownership of that property?

A

Easement

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15
Q

What type of easement is common among adjoining condominium units?

A

Party wall

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16
Q

What will describe any easement on a property

A

Title report

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17
Q

A parcel of real property that has an easement over another piece of property (the servient estate)

A

Dominent tenement

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18
Q

An easement that benefits the dominant estate and runs with the land. In other words an easement appurtenant generally transfers automatically when the dominant estate is transferred

A

Easement appurtenant

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19
Q

An easement created by the government or government agency that has exercised its right under eminent domain

A

Easement by condemnation( დაგმობა)

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20
Q

The creation of an easement by one party expressly transferring the easement to another party.

A

Easement by grant

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21
Q

Parcels without access to a public way may have an easement of access over adjacent land if crossing that land is absolutely necessary to reach the landlocked parcel and there has been some original intent to provide the lot with access.

A

Easement by necessity

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22
Q

Implied easements granted after the dominant estate has used the property in a hostile, continuous and open manner for a statutorily ( კანონიერად) prescribed number of years.

A

Easement by prescription

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23
Q

Non-possessory

A

A legal term that describes any of a category of rights held by one person to use land that is in the possession of another is known as ..

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24
Q

Something which is outside property itself but belongs to the land and adds to its greater enjoyment is known as what…?

A

Appurtenance

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25
Q

An easement that is not created by express statements between the parties; but as a result of surrounding circumstances that dictate that an easement must have been intended by the parties is known as what…?

A

Easement by Implication

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26
Q

A tax lien is an example of what type of lien…?

A

Involuntary Lien

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27
Q

Permission granted by a party to another party as an element of an agreement between both parties is known as what…?

A

License

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28
Q

A legal term that describes any of a category of rights held by one person to use land that is in the possession of another is known as what…?

A

Non-possessory

29
Q

A lien was placed against Mark’s property for unpaid credit cards. What type of lien was placed against Mark’s property…?

A

General Lien

30
Q

A judgment lien is an example of what type of lien…?

A

General Lien

31
Q

An easement that benefits the dominant estate and “runs with the land” is known as what…?

A

Easement Appurtenant

32
Q

Mark grants his neighbor a right of way easement to cross his property. In this scenario, Mark is known as what…?

A

Servient Estate

33
Q

Which of the following is NOT considered an appurtenance…?

A

Stove

34
Q

An instrument in writing, duly executed and delivered, that creates a lien upon real estate as security for the payment of a specified debt is known as what…?

A

Mortgage

35
Q

The right to pass over another’s land pursuant to an easement or license is known as what…?

A

Right-of-Way

36
Q

An estate & inheritance tax lien is an example of what type of lien…?

A

General Lien

37
Q

What type of lien takes priority over all other liens…?

A

Tax Lien

38
Q

What is issued and recorded in the public record after a lien is paid in full…?

A

Satisfaction of Judgment

39
Q

Mark grants his neighbor a right of way easement to cross his property. In this scenario, Mark is known as what…?

A

Servient Estate

40
Q

An instrument in writing, duly executed and delivered, that creates a lien upon real estate as security for the payment of a specified debt is known as what…?

A

Mortgage

41
Q

A parcel of real property that has an easement over another piece of property is known as what…?

A

Dominant Tenement

42
Q

A notice of pendency is an example of what type of lien…?

A

Specific Lien

43
Q

A utility easement is an example of what type of easement….?

A

Easement in Gross

44
Q

A party wall is an example of a/an…?

A

Easement

45
Q

A building, part of a building, or obstruction which intrudes upon or invades a highway or sidewalk or trespasses upon the property of another is known as what…?

A

Encroachment

46
Q

A security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property is known as what…

A

Mechanic’s Lien

47
Q

An instrument in writing, duly executed and delivered, that creates a lien upon real estate as security for the payment of a specified debt is known as what…?

A

Mortgage

48
Q

A parcel of real property that is encumbered by an easement of a dominant estate is known as what…?

A

Servient Tenement

49
Q

Servient Tenement

A

Specific Lien

50
Q

Which of the following will NOT describe any easements on a property…?

A

Department of Buildings Website

51
Q

Which of the following is NOT an example of an easement….?

A

Judgment

52
Q

commercial easement is also known as what type of easement…?

A

Easement in Gross

53
Q

A legal document, filed in the office of the county clerk giving notice that an auction or proceeding is pending in the courts affecting the title to the property is known as what…?

A

Lis Pendens

54
Q

The intent and right of a person to occupy and/or exercise control over a particular plot of land is known as what…?

A

Possessory

55
Q

A legal term that describes any of a category of rights held by one person to use land that is in the possession of another is known as what…?

A

Non-possessory

56
Q

A contractual or consensual lien that is created by the owner is known as what…?

A

Voluntary Lien

57
Q

An easement created by the government or government agency that has exercised its right under eminent domain is known as what…?

A

Easement by Condemnation

58
Q

A utility easement is an example of what type of easement….?

A

AEasement in Gross

59
Q

Kevin has not paid his car loan in over six months. As a result, a lien was placed against his assets. What type of lien was placed against Kevin’s assets…?

A

General Lien

60
Q

A lien was placed against Mark’s property for unpaid credit cards. What type of lien was placed against Mark’s property…?

A

General Lien

61
Q

A mortgage is an example of what type of lien…?

A

Specific Lien

62
Q

Michael’s property has an easement over his neighboring property to use its driveway. Michael’s property is known as what…?

A

Dominant Tenement

63
Q

A parcel of real property that is encumbered by an easement of a dominant estate is known as what…?

A

Servient Tenement

64
Q

A legal document, filed in the office of the county clerk giving notice that an auction or proceeding is pending in the courts affecting the title to the property is known as what…?

A

Lis Pendens

65
Q

A right-of-way, barn, or dwelling are all examples of what…?

A

Appurtenance

66
Q

An implied easement granted after the dominant estate has used the property in a hostile, continuous, and open manner for a statutorily prescribed number of years is known as what…?

A

Easement by Prescription

67
Q

A servient tenement is also known as what…?

A

Servient Estate

68
Q
A

Real Estate (23 decks)

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