Conveyances & Deeds

Question 0

Title from Gov to private owner.

Answer 0

Patent

Question 1

Right to ransfer or convey title of real property to another owner.

Answer 1

Alienation

Question 2

Property may be given to gov if used in a crime.

Answer 2

Forfeiture

Question 3

Dedication

Answer 3

Gift or donation of property to public w/out consideration. (Via public records, deed, will.)

Question 4

Statutory Dedication

Answer 4

Developer gifts land for public use in terms for approval. (ie: streets, public areas.)

Question 5

Common Law Dedication

Answer 5

Public use by permissions for extended period of time.

Question 6

Gives right to squire title to property for public use for fair price.

Answer 6

Eminent Domain

Question 7

Name 2 requirements for eminent domain.

Answer 7

1) public use

2) fair price

Question 8

Process BY WHICH property is taken for public use. (ie: refusal of sell for fair price.)

Answer 8

Condemnation

Question 9

Just compensation in the amount of the fair market value of property taken, at time of taking.

Answer 9

Comp Damages

Question 10

Just compensation for loss of value to the portion of land not being taken.

Answer 10

Severance Damages

Question 11

Just compensation for loss in value due to surrounding property being taken.

Answer 11

Consequential Damages

Question 12

Suing to require Gov to take and pay for property because loss of value is too extensive.

Answer 12

Inverse Condemnation

Question 26

A covenant where grantor says he’s the owner and possesses or property being conveyed

Answer 26

Covenant of Seize

Question 27

A properly executed quitclaim deed will always convey an

Answer 27

Existing interest in the property