Chapter 4 Flashcards

Property Interests

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1
Q

Affirmative Easement

A

Alllows holder of easement to go on grantors land for a specific purpose

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2
Q

Freehold Estates

A
  • Life Estate

- Fee Simple Estate

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3
Q

Life Estate

A

Grants possession only during life of a specific person

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4
Q

Fee Simple Estate

A

Confers max number of rights and privledges recognized by law

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5
Q

Tenancy at will

A

Lease with no specific duration and can be terminated by either party

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6
Q

Periodic tenancy

A

Successive periods of time until either party terminates

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7
Q

Tenancy at sufferance

A

Not a leasehold interest; continued possession after lease expires

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8
Q

Encumbrance

A

Claim or interest in property held by person other than owner

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9
Q

Encroachment

A

Physical intrusion or trespass upon another property

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10
Q

Easement implied

A

Parcel of land cut off from any access to a public way

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11
Q

Easement of gross

A
  • Does not benefit a particular parcel of land
  • Benefits holder of easement personally
  • Burdens one or more properties
  • Transferred only be assigning the easement right
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12
Q

Easement appurtenant

A
  • Attached to and part of dominant estate, automatically transferred when dominant land sold
  • Easement that benefits a parcel of land
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