Chapter 7: Interest In Real Estate Flashcards
Accretion
A homeowner acquired the ownership of land that was deposited by a river running through a property. The additional land was acquired by?
Appurtenant easement
Attached to the ownership of one parcel and allows the owner to use the neighbors land
Avulsion
The sudden removal of soil by an act of nature
Condemnation
Process by which the government exercises eminent domain by either judicial or administrative proceedings
Deed restrictions
Private agreement that affect land-use. Once placed in the deed by a previous owner they run with the land
Doctrine of prior appropriation
The rights to use any water, with in the exception of a limited domestic use, is controlled by the state rather than by the landowner adjacent to the water
Dominant Tenement
Dominating party benefited by the easement
easement by necessity
Owner divides the parcel into two lots, one of which is surrounded by other lots and has no street access. What is true?
Easement by prescription
If the owner of real estate does not take action against a persistent trespasser before the statutory period has passed, the trespasser may acquire?
An easement in gross
Developer grants the gas company the right to install transmission lines. This right is called?
Eminent domain
The right of the government to acquire privately owned real estate for public use
Erosion
Gradual and imperceptible wearing away of the land by natural forces such as wind, rain, and flowing water
Estate in land
Defines the degree, quantity, nature, and extent of an owners interest in real property
an estate pur autre vie
“for the life of another. Although a life estate is not considered an estate of inheritance, a life estate pur autre vie provides for inheritance by the life tenant’s heirs only until the death of the person against whose life the estate is measured.
Fee simple absolute
The highest interest and real estate recognized by law
