CHAPTER 7 Flashcards
MEANING “FOR THE LIFE OF ANOTHER”,A LIFE ESTATE BASED ON THE LIFE OF A PERSON OTHER THAN THE LIFE TENANT
PUR AUTRE VIE
RIGHTS OF OWNERS WHOSE LAND IS ADJACENT TO NON-NAVIGABLE WATERWAYS, LAND IS OWNED TO THE CENTER OF THE WATERWAY
RIPARIAN RIGHTS
AN EASEMENT THAT “RUNS WITH THE LAND” ALLOWING ONE PROPERTY OWNER TO USE THE LAND OF ANOTHER
APPURTENANT EASEMENT
THE HIGHEST FORM OF REAL PROPERTY OWNERSHIP RECOGNIZED BY LAW
FEE SIMPLE ABSOLUTE
A CHARGE OR LIABILITY THAT ATTACHES TO PROPERTY SUCH AS LIENS, RESTRICTIONS, OR EASEMENTS
ENCUMBRANCE
THE PROCESS BY WHICH THE GOVERNMENT EXERCISES ITS RIGHT OF EMINENT DOMAIN
CONDEMNATION
THE PROPERTY THAT HAS GRANTED AN APPURTENANT EASEMENT TO ANOTHER
SERVIENT TENEMENT
THE PERSON WHO CREATES THE LIFE ESTATE WILL RECAPTURE OWNERSHIP, A FUTURE INTEREST
REVERSIONARY INTEREST
THE FUTURE INTEREST OF THE PERSON NAMED IN A LIFE ESTATE WHO WILL BECOME THE OWNER
REMAINDER INTEREST
A CLAUSE IN A DEED LIMITING THE USE OR OWNERSHIP OF PROPERTY
DEED RESTRICTIONS
WHERE ONE MIGHT SECURE THE RIGHT TO USE ANOTHER PERSON’S LAND WITHOUT THAT OWNERS APPROVAL
PRESCRIPTIVE EASEMENT