Chapters 3&4 Flashcards
What is PERMISSIVE WASTE?
Allows property to deteriorate.
Example: Failing to keep the house’s roof in good repair and maintenance.
(Life tenant has no obligation to repair/compensate for permissive waste.)
What is VOLUNTARY WASTE?
Direct positive acts that leads to destruction of property.
Example: demolishing a separate garage
(Life tenant fully liable)
What is AMELIORATING WASTE?
Direct positive acts that improve the property.
Example: constructing a deck in the backyard
(Life tenant is liable, but damages usually are not awarded since the property has been improved.)
What is EQUITABLE WASTE?
The waste caused by life tenant who flagrantly or maliciously damages/destroys the property.
Example: burning the house down so remainderman receives a property with significantly less value.
What is an ESTATE?
A right to to possess and use land for a period of time. The length of time could be indefinite (fee simple), or predetermined (life estate, leasehold estate).
Describe FEE SIMPLE.
Legal term for the greatest estate in land known to Canadian law. The estate is held from the Crown, but the Crown is still the absolute owner of the underlying title.
Describe LIFE ESTATE.
An interest in land to be enjoyed during a person’s life, and which ends on that person’s death.
INTEREST IN LAND
Less than an estate (you do not poessess the land).
“Runs with the land” - As the land is sold to a new owner, any existing interests in the land is carried over.
Three main classifications of interests in land:
- Easements
- Restrictive covenants
- Profits a prendre
EASEMENTS
The right to use a neighbouring property in a specific way (without possessing it).
The land that benefits from an easement is called the dominant tenement and the land over which the easement is exercised is called the servient tenement.
RESTRICTIVE COVENANT
A restriction on the use of a property for the benefit of another property.
It must be negative in nature, intent must be to bind the land.
Example: Restriction on the height of a building on one piece of land so that adjacent land is not in its shadow.
Same owner must own both properties at the time when the RC is put into place.
PROFIT A PRENDRE
The right to enter land owned by another entity tin order to take a profit of the soil (minerals, oil, trees, gravel, etc.)
LICENSE (in land)
Not an interest in land. It is a contractual right or privilege.
Does not “run with the land” (unless joined with an interest in land.
Scope and extent of “ownership” of land relating to AIRSPACE
Owns as much of the airspace above the land as he or she can effectively use.
Scope and extent of “ownership” of land relating to SUBSURFACE
Greatly limited by the provincial government. Any minerals/resources of value is reserved for the Province.
Scope and extent of “ownership” of land relating to WATER
Governed by Water Sustainability Act which requires the landowner/tenant wishing to use water on their property must first obtain a water license and pay annual fees.
Ground water belongs to land owner (i.e. well water).
Surface water belongs to Crown.