Exam Rules - Real Property Flashcards

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1
Q

What is a shifting executory interest

A

Cuts short a prior estate created in the same conveyance, so the estate shifts from one grantee to another grantee upon the happening of a condition

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2
Q

What is a springing executory interest

A

Divests the grantor’s interest or fills a gap in possession in which the estate reverts to the grantor

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3
Q

What do VA courts consider in a partition action

A

(i) collective duration of ownership, (ii) sentimental attachment, (iii) lawful use and harm of ceasing use, (iv) contributions, and (v) any other relevant factor

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4
Q

Can landlords charge late fees on rent

A

Landlord cannot charge fee for late payment unless the charge is provide for in the rental agreement and does not exceed 10% of the periodic rental payment

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5
Q

What does the writ of habitability encompass

A

(i) housing codes, (ii) necessary repairs, (iii) maintenance of essentials such as electricity, running and hot water, and (iv) prevention of mold

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6
Q

Part performance in VA

A

(i) the parol agreement is certain and definite, (ii) the part performance was pursuant to the agreement, and (iii) the refusal to execute the full agreement would operate as a fraud upon the performing party

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7
Q

What is the statutory period for adverse possession

A

15 years

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8
Q

What is the statutory period for easement by prescription

A

20 years

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9
Q

What are the requirements for an easement by prescription

A

Continuous Hostile Open Actual

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10
Q

Requirements for express equitable servitude

A

(WINT) Writing, Intent, Notice, Touch/concern

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11
Q

Requirements for implied equitable servitude

A

(INT) Intent (common scheme), Negative servitude Touch/concern

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12
Q

Requirements for real covenant that BURDENS

A

Writing, Intent, Touch/Concern, Horizontal/vertical privity, Notice

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