Florida Property Flashcards

1
Q

Three types of Essays

A

Easement
Landlord-Tenant
Conveyance

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2
Q

Easement

A
  • A non-possesory interest to use or restrict the use in the land of another
  • Easements can be positive or negative
  • Not all easements are in writing
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3
Q

Creation of Easements
Express easement

A
  • Created between two parties
  • In writing listing all terms included
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4
Q

Creation of Easements
Easement by Necessity

A
  • Not in writing
  • Factually based on the necessity of one person to enter the land of another as there is no other way to get off the property (“land-locked)
  • Easement is terminated when it is no longer necessary
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5
Q

Creation of Easements
Easement By Prescription

A
  • CON🡪Continuous🡪Open🡪Non-Permissive (Hostile)
  • Similar to adverse possession🡪DON’T use this term
  • In Florida the statutory period is 7 years (Continuous, Open, Adverse, Notorious)
    *
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6
Q

Creation of Easements
Easement By Implication

A

Implied by prior use

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7
Q

Duration

A

Easements generally lasts forever🡪Runs with the land unless terminated

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8
Q

Termination of Easements

A

Express easement
At agreed upon terms

Easement by Necessity
Until there’s no longer a need

Abandonment
* Nonuse AND express intent not to return
* Nonuse alone is not sufficient for termination

Merger
* Someone buys the other piece of land
* Easement is terminated

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9
Q

Covenant

A
  • A contract and/or promise (guided by contract principles)
  • Always in writing
  • Allowing the use of the land of another for a particular purpose OR
  • Restricting the use of the land of another
  • For covenant to run with the land🡪WITV
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10
Q

Covenant
Duration

A
  • Enforceable against subsequent purchasers
  • Runs with the land🡪Elements
    • There was intent to run with the land
    • Touches and concerns the land (i.e., utility companies)
      • Use of the property itself
      • Personal (irrespective of who lives there)
  • Horizontal / vertical property
  • Notice
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11
Q

Equitable Servitude

A

Injunction sought to stop someone from doing something that was prohibited

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12
Q

Recap

A
  • The issue is whether an easement was created.
  • An easement is a nonpossessory interest to use the land of another or to restrict the use of another’s land
  • Positive of negative
  • Types of easements
  • Duration
  • Termination
  • Covenant 🡪runs with the land
  • Elements of running with the land
  • Remedy isn’t money🡪equitable servitude
    *
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13
Q

Landlord-Tenant

A
  • Must be in writing- Statute of Frauds
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14
Q

Types of Tenancies
Periodic Tenancy

A
  • Has a start date🡪subsequent periods
  • Month to month🡪Notice of termination🡪not less than 15 days
  • Year to year🡪 Notice of termination🡪not less than 60 days
  • No termination date until notice is given
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15
Q

Types of Tenancies
Tenancy for Years
Tenancy at Will

A

Periodic tenancy
* Has a start date🡪subsequent periods (month to month, year to year)
* Month to month🡪Notice of termination🡪not less than 15 days
* Year to year🡪 Notice of termination🡪not less than 60 days
* No termination date until notice is given

Tenancy for Years
Has a beginning and an end date

Tenancy at Will🡪
Lasts indefinitely and can be terminated by either party

Tenancy at Sufferance
* “Hold-over” tenant
* Tenant remains after lease term
* Landlord can begin eviction proceedings
* In Florida, Landlord entitled to double rent for that period of time

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16
Q

Duties of Tenant

A
  • Pay rent unless/until landlord breaches their warranty
  • Not to commit waste
  • Physical destruction
  • Allowing damage to occur
17
Q

Duties of Landlord

A
  • In Florida, to deliver physical access of premises to tenant on the first day that lease begins
  • Quiet enjoyment🡪premises must remain quiet, peaceful, etc.
  • Warranty of habitability
    • Maintaining health/safety code
    • Air Conditioning/heat
    • Running water
    • Making the premises livable
  • If either of these duties are breached, it could be construed as a constructive eviction
18
Q

Self-Help

A
  • If the tenant does not pay the rent (i.e., hold over) landlord may evict
  • In Florida: Landlord cannot engage in any self-help
  • Landlord is required to begin eviction proceedings which ultimately results in ejection
  • Landlord can charge double rent
19
Q

Assignments

A
  • Assignment 🡪 giving the remaining term to someone else.
  • Tenant 1 assigns lease to Tenant 2🡪Tenant 2 then becomes primarily liable
  • Tenant 2 doesn’t’ pay, Tenant is liable because there’s still privity
  • Tenant 1 would not be liable if there’s a signed novation
20
Q

Subleasing

A
  • If a Tenant subleases🡪only a portion of lease given to third person
  • Tenant 1 remains liable
21
Q

Conveyance of Land - Transfer of Title

A

Sale of land requires two (2) documents
-Contract
-Deed

22
Q

Land Sale Contract

A
  • Elements🡪 (offer/acceptance/consideration
  • What law applies
  • Statute of Frauds
  • Contract for land 🡪specific performance
  • A contract needs offer, acceptance, consideration. The are……. 🡪here, the facts state that
23
Q

Equitable Conversion

A
  • Buyer now acquires equitable ownership
  • Risk of loss shifts to buyer upon signing contract
24
Q

Marketable Title

A
  • In a real estate contract there’s a presumption of marketable title
  • Reasonably free of doubt
  • There are no encumbrances, liens, mortgages on title
25
**Deed**
* Quitclaim Deed🡪makes no warranties regarding title * Warranty Deed🡪Includes six warranties that guarantees quality of title
26
**Present Warranties**
**If there’s a breach its at the time of closing** * Warranty Of Seisin * Warranty of Right To Convey * Warranty against encumbrances
27
**Future Warranties**
**If there’s a breach its at the time of closing** * Quiet Enjoyment * Warranty of Warranty * Further Assurances
28
**Other Types of Deeds**
**General Warranty Deed** Warrants that title is clear and has been fine since dating back to property’s **Special Warranty Deed** Title is clear since seller owned the property
29
**Validity of Deed**
* Deed needs to be in writing per statute of frauds * Signed by the grantor * Witnessed by two individuals
30
**Delivery of Deed**
* Needs to be delivered from seller to buyer * Importance is of delivery is INTENT of grantor * Acceptance of the Deed Is Presumed * Identifiable Grantees * Legal Description of the Land * Merger🡪Terms of contract merge into the deed
31
**Mortgages**
* A loan received and collateralized using the land * If there are two mortgages🡪the Purchase Money Mortgage always get priority * In Florida, there’s a lien theory🡪bank has a lien but no title on the property
32
**Recording Statues**
**Florida is Lien Theory and Pure Notice** * Protects the last or subsequent Bona Fide Purchaser * Takes for value * Without notice of earlier transactions Notice means that someone recorded or someone trying to record Ex. Jon🡪Bob (recorded) Judgment Creditors/Lienholders🡪not BFP Mortgagees🡪BFP Gift/Adverse Possession🡪NOT a BFP
33
**Ownership of Property**
**Joint Tenants🡪T-TIPposs** **T**🡪Time🡪At the same time **T**🡪Title🡪In the Same Document (deed, will, etc.) **I**🡪Identical Shares **P**🡪Possession Of The Whole
34
**Ownership of Property**
**Severance🡪SAP** **S**🡪Sale **A**🡪And **P**🡪Partition
35
**Joint Tenants**
* An undivided interest as a whole * Needs to include language with right of survivorship🡪if one tenant dies, the other gets the entire interest as a whole * Does not pass to heirs
36
**Tenants in Common**
* Undivided interest as a whole * No right of survivorship * Heir receives interest upon death of co-tenant
37
**Tenancy By The Entirety**
* Exclusive to husband and wife * Florida presumes that husband and wife own property as tenancy by the entirety * There is a right of survivorship * One spouse can not convey without other spouse’s consent **Ex**. Mr and Mrs. Jon living on Greenacre Jon wants to sell to someone else Jon’s name is on the deed
38
**Duty to Disclose**
* Seller has duty to disclose defects if seller knew or should have known about defects * Actively concealment is prohibited
39
**Remedies**
* Specific performance🡪contract is unique (Land) * Recission if there’s no meeting of the mind