Concurrent Estates Flashcards

1
Q

Joint Tenancy (creation) T-TIP

A

T: Same title
T: Same time
I: Same interests
P: Posses rights to whole

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Joint Tenancy (severance)

A

Sale: may do so secretly, mere act of entering K sufficient.
Partition: Done voluntarily or forced sale (if in the best interest of all)
Mortgage: lien won’t sever in maj. of states
Conveyance of your portion.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Tenancy in Common

A
  1. Rent from co-T in exclusive possession: NO absent ouster
  2. Rent 3rd parties: YES
  3. Improvements: NO right of contribution during life of co-T, however at end road. YES
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Tenancy by the Entirety

A
Married Parties
Right of Survivorship
Neither T may unilaterally transfer
Terminated only by:
Divorce 
Death
Mutual agreement 
Execution by a joint creditor on both
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

T duties

A
  1. Duty to make reasonable repair. T cannot remove fixture. T liable to invited person injuries. T may however seek indemnification.
  2. Common law; T responsible for any loss. Today, T may move if not T’s fault.
  3. T’s duty pay rent: If don’t pay; L may SIR
    S: Surrender. L may accept T’s non-payment as surrender. If term left is >1yr. must send writing per SOF.
    I: Ignore and hold T resp. Only min.
    R: Re-let. Maj.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

L’s duties (Implied Warranty of Quiet Enjoyment)

A

Both resid. and comm. T right to quiet enjoyment from L nor paramount title holder nor hold-over T
a. Breach by actual eviction
b. Breach by constructive eviction
SING: (4) elements
S: Substantial Impairment
N: Notice given to L
G: Goodbye. T must move

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Is L liable for other T’s actions? NO

(2) exceptions

A

Nuisance

Control common areas

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

L’s duties (Implied Warranty of Habitability)

A
Only residential.  What can T do?  MR3
       Move out.  Not required.
       Repair and deduct.
       Reduce rent or w/hold and place in escrow.
       Remain and seek damages
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

L liability in Tort (CLAPS)

A

C: Common Areas; L must maintain common areas
L: Latent defects; L must WARN T of latent defects; no duty to fix
A: Assumption of repairs. repairs assumes repairs in reasonable manner
P: Public use. L liable when knows or should know T won’t repair based on type of lease
S: Short term lease. L liable for any defect for short term lease to fully furnished dwelling.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Tenancy for years

(1) creation
(1) termination

A

Term of years >1 year must be in writing b/c of SOF

No notice needed to terminate

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Periodic Tenancy

(3) ways to create
(1) way terminate

A

Create:

  1. Lease no mention of duration
  2. Lease in violation of SOF
  3. Resid. lease T holds over

Terminate:
1. Notice equal to periodic tenancy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Tenancy at Will

A

No fixed duration. Reg. payment will create Periodic Tenancy.

Terminated by either party at either time. Today, reasonable demand usually necessary.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Tenancy at Sufferance

(1) create
(2) terminate

A

T wrongfully held over

Lasts until either:
L evicts or holds T to new periodic tenancy.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Chattel

A

In absence of express agreement if removal of chattel does not leave unprepared damages to premises or destruction to chattel T not manifested intention to permanently improve.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly