Chapter 7 - Limitations on Ownership and Encumbrances Flashcards
The reversion of property to the state or county when a person dies intestate and there are no heirs capable of inheriting or the property is abandoned is called?
Escheat
Irrigation water is available to land owners based on legal doctrine of:
Prior Appropriation
This is used as a transition area between 2 incompatible zones:
Buffer Zone
A permitted use of real property that was lawfully established at the time of original construction but no longer conforms to existing zoning is called:
Non-Conforming Use
This refers to the number of lots a parcel of ground can be subdivided into:
Gross Density
By Idaho State Law, how many lots may a land developer split a parcel into without triggering the subdivision statute:
4
Lead-Based Paint Hazard and Reduction Act designates as targeted housing of homes built prior to:
1978
Inducing someone to enter in a contract by representing a change is to occur in an area because of the entry of a protected class is called:
Block-Busting
Channeling home seekers to particular areas is called:
Steering
Restricting the number of loans or Loan to Value in an area usually because of the high percentage of protected classes:
Redlining
The party that uses an Appurtenant Easement is called:
Dominant Estate
The parcel that provides the land for the Easement is the:
Servient Estate
Which type of Easement attaches to the dominate estate’s land and transfers to the new owner:
Appurtenant Easements
These agreements are personal in nature, and do not ‘attach’ to a dominate estate, rather a person or entity:
Easement in Gross
Access created by the courts to grant a landlocked owner access is:
Easement by Necessity
Initially the neighbors believe and agree to a property line but later find out it’s in the wrong spot. What legal concept would leave the fence where it was originally placed?
Boundary by Agreement
An unauthorized invasion of intrusion of an improvement or other real estate property onto another’s property is a(n):
Encroachment
A possible encroachment is best determined by:
A Survey
Priority of Liens is determined by:
Recording Date
An agreement whereby a holder of a superior mortgage agrees to give up their priority position to an existing or future lien:
Subordination Agreement
Time for filing a mechanics lien is:
Within 90 days from completion of their work or delivery of their material
The law that allows a party to file to have the state pay their county property taxes is called:
Circuit Breaker
Property tax statements are sent out no later than:
The 4th Monday in November
Property tax delinquency carry a 2% penalty, plus 12%
2% plus 12%
When the taxes go unpaid for 3 years, the property may be sold to pay the taxes:
3 years
If someone wishes to pay their entire property tax bill without penalty, they must do that by:
December 20th of the current year
Federal Fair Housing Laws prohibits discrimination based on these 7 protected classes:
- Race
- Color
- Religion
- National Origin
- Gender
- Handicap
- Familial Status