Chapter 6 Estates and Interests Flashcards

1
Q

right sometimes acquired through usage (Fence example) used for a period of 20 years

A

easement by prescription

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2
Q

any easement, encroachment, etc. (affect or limit use, value or tittle (Run with Land) )

A

Encumbrances

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3
Q

right to access to a landlocked (another’s property) parcel (entrance and exit to owner A property using the owners B land)

A

easement by necessity

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4
Q

amount of ownership in real property

A

estate in land

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5
Q

building intruding on another’s land (illegally extends beyond the land)

A

Encroachment

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6
Q

property that benefits from an easement

A

dominant estate

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7
Q

most complete ownership of land possible (entitles all; right, pass to heirs and no time limit)

A

fee simple

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8
Q

husband’s rights in wife’s property

A

curtesy

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9
Q

ownership lasting indefinitely (indeterminable length)

A

freehold state

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10
Q

placed against real estate by a worker who has not been paid

A

construction lien

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11
Q

ownership “as long as” (can terminate on the occurrence or nonoccurrence of a specified event and revert to remainders)

A

fee determinable

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12
Q

permanent right to use another’s land

A

Easement

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13
Q

right that runs with the land (access to beach walkway)

A

easement appurtenant

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14
Q

transfer by sale or gift

A

convey (transfer title to)

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15
Q

right used for utility lines on another’s land

A

easement in Gross

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16
Q

wife’s right in husband’s property

17
Q

adding successive periods of usage

18
Q

the tract over which an easement runs (provided of the land)

A

servient estate

19
Q

temporary permission to enter another’s land for a specific purpose and is not permanent

20
Q

Claim against one parcel of real estate

A

Specific lien

21
Q

the other in which liens are paid

22
Q

right to use and possess for limited time

A

leasehold state

23
Q

complete ownership until someone’s death (if reversionary interest is maintain, it reverts to the owner or heirs)

A

life estate

24
Q

third party who will gain eventual ownership

A

Remainderman

25
financial claim against real estate
lien
26
lender's claim against real estate
mortgage lien
27
property taxes are one
involuntary lien
28
mortgage or equity loans, for example are
voluntary lien
29
claim against all property someone owns
general lien
30
notice that a lien may be filed
lis pendens
31
structure owned by two adjoining landowners
party wall
32
future interest of an owner
reversionary interest
33
entitle to all income and profit and responsible for tax payment is
life tenant
34
real estate acquired after 05/28/80 that is not the marital home can be sold by one owner only
Joint possession
35
restricts future owners' use of land
Deed Restrictions