FL Property Flashcards
Lecture Notes: Three Basic Types of Property Essays
Property
- Easement / Covenant Land Rights
- Landlord / Tenant
- Conveyance (transfer of title)
NOTE: Could overlap.
NOTE: Homestead stuff is under FL Con Law
Easement Essay Road Map
Property
# 1. **Define easement** 2. **State how it is created** (what kind of easement?)
- Express (in writing) OR
- Easement by Necessity
- Easement by Prescription (think adverse possession; 20 years) OR
- Easement by Implication (“implied by prior use”))
- Duration: How it can be terminated (easements run forever with the property until it is terminated)
- Express: Terminates date or time agreed to in writing
- Necessity: Terminates when no longer necessary
- Abandonment: Non-use AND Express intent not to return (NOTE: NON-USE IS NOT ENOUGH TO TERMINATE)
- Merger: When the two properties merge together
Covenant Essay Road Map
Property
1. Define Covenant:
- Always in writing; governed by contract principles.
- A contract allowing land use for a particular purpose OR restricting land use for a particular purpose (“restrictive covenant”)
- Duration: Generally runs with the land.
- Intent to run with the land
- Touches and concerns the land (is it about the use of the land?)
- Horizontal and vertical privity (just list it on the essay - no one really can explain)
- Notice
-
Breach of Covenant Remedies:
* Equitable Servitude?: = Type of equitable remedy (not damages) such as an injunction. (Injunction = An order to stop someone from using land for an unauthorized purpose).
Landlord / Tenant Essay Road Map
Property
- What type of tenancy?:
- Periodic Tenancy: Lease has a start date followed by subsequent periods of time (week to week, month to month, year to year). Does not terminate until notice is given.
- Tenancy for Years: Lease gives a beginning and an end date.
- Tenancy At Will: Tenancy is indefinite, can be terminated at any time by either party.
- Tenancy at Sufferance: holdover tenant, stays over a period of time after lease term. Can charge double rent.)
- NOTE: More than a year = Statute of frauds issue to discuss.
-
Termination:
* Periodic Tenancy: Month to month = Notice of termination given at least 15 days before term end; Year to year = 60 days. - Tenant Duties: Pay rent (unless breach in warranties by landlord), not commit waste
- Breach: Landlord cannot commit self-help. Cannot change the locks / etc. to kick you out. Must begin statutory eviction proceedings in court.
- Breach: If stays over lease term (tenant at sufferance) landlord can charge double rent.
-
Landlord Duties: Deliver physical possession to tenant on date lease begins; warranty of quiet enjoyment; warranty of habitability (maintaining health and safety codes).
* Breach of Warranty of Habitability: Constructive Eviction - tenant can get out of the lease. - Assignment / Sublease:
- Assignment: When assigning the lease to a third person, landlord can come after tenant #1 UNLESS a novation / release is executed by the parties.
- Sublease: First tenant remains liable for the rent to landlord.
Conveyance of Title Essay Road Map
Property
- Sale of Land: Two pieces of paper are necessary:
A. Real Estate Contract (can argue contract law - K formation, statute of frauds, etc.)
- Equitable conversion: BUYER BEARS RISK OF LOSS AFTER K SIGNED.
- Marketable Title: Implied in every real estate K that title is free of any liens or encumbrances.
B. Deed: Was the deed validly conveyed?
Requirements for Valid Conveyance of Deed:
- In writing,
- Signed by grantor,
- Have an identifiable grantee, (who is getting the property?)
- Identify the property (address)
- Two witnesses,
- Delivery (delivered to grantee WITH INTENT; PHYSICAL POSSESSION NOT REQUIRED.)
- NOTE: Acceptance is presumed UNLESS specifically stated that they did not accept it.
B1. What type of Deed Is It? (Is the deed a warranty deed OR quitclaim deed?)
- Quitclaim Deed: Seller makes no warranties / promises about the quality of title.
- Warranty Deed:
2 Types of Warranty Deeds
- General: Warrantying that title has been okay since forever on the property.
- Special: Warrantying that title has been okay only since I’ve owned the property.
Includes 6 Warranties (3 present and 3 future):
- Warranty of Seisin (“I promise that I own the land”)
- Warranty of Right to Convey (“I promise that I have the right to sell it to you”)
- Warranty Against Encumbrances (“There is nothing on the title”)
- Warranty of Quiet Enjoyment (“No one will bother you that there is a problem with the title”)
- Warranty of Warranty (“If there is a problem, I will take care of it”)
- Warranty of Further Assurances (“If there is a problem, I will pay to remove encumbrances”)
- Merger: Once the deed is signed, the terms in the real estate contract merge with the deed and buyer can no longer sue non the K, only on the deed itself. (Just semantics).
- Mortgages: A loan to purchase land where the land is used as security / collateral.
Priority of Mortgages
- Purchase Money Mortgage: The money you used to buy the property always get priority.
- NOTE: FL = Lien Theory State: Bank only has a lien on the property but no title; is not removed until mortgage is paid in full.
Recording Statutes
- FL is a Notice jurisdiction.
- Who wins? = FL protects the last or subsequent bonafide purchaser (MEMORIZE!!).
- Bonafide Purchaser = Someone who pays value (cannot inherit or receive by gift) AND has no notice of any earlier transactions; “the innocent purchaser”)
- Notice = recording the deed.
- NOTE: Mortgagee IS A BONAFIDE PURCHASER! Giving the loan is considered value.
Mortgages Essay Road Map
Property
Easement (Defined)
Property
A non-possessory property interest to use the land of another (positive easement) or restrict the use of another’s land (negative easement).
Easement (Defined)
Property
A non-possessory property interest to use the land of another (positive easement) or restrict the use of another’s land (negative easement).
4 Types of Easements
Property
- Express Easement
- Easement by Necessity
- Easement by Prescription
- Easement by Implication (through prior use)
Easement by Implication
Property
Easement implied through prior use:
- Severance of one property into two
- Prior use in existence before severance
- Use was apparent
- At time of severance, easement was necessary for the proper and reasonable enjoyment of the dominant tract.
Easement by Prescription - Elements
Property
- Actual use
- Defined area/route
- Open and notorious
- Continuous (20 year stat. period under FL Law)
- Hostile (no permission by owner)
Easement in Gross
Property
An easement is deemed “in gross” if it benefits the landowner personally. Ex. Company paying Owner $700 a month to use a road over his land.
Negative Easement of View
Property
In most jurisdictions, negative easements for light, air and view have been repudiated, absent an express grant between the parties, because such restrictions would hamper land development.
FL recognizes a negative easement of view for riparian (water) lands.
NOTE: A writing as ALWAYS required for a negative easement.
Ways to Terminate an Easement
Property
- End of duration (express easement)
- End of Necessity (easement by necessity)
- Abandonment (Non-use AND Expressed Intent to not return)
- Merger (dominant and servient properties become one; cannot have easement on your own property)
Covenant
Property (17:00 in lecture)
Contractual promise ALWAYS in writing to do or not do something on A’s own land.
Generally runs with the land