Law Vocab

Question 1

Adverse possession

Answer 1

A right to acquire title by the possession of land.

Question 2

Bargain and sale deed

Answer 2

An instrument that conveys the entire interest in the described property at the date
of the deed, which the deed purports to convey.”

Question 3

CC&R’s

Answer 3

Covenants, Conditions, and Restrictions

Question 4

CERCLA/SARA

Answer 4

the acronym for two federal organizations involved in environmental issues.

Question 5

Condominium

Answer 5

A system of separate ownerships of individual units in a multi-unit building, or in a garden, or
subdivision style development.

Question 6

Co-op apartments

Answer 6

Corporately owned by the apartment dwellers

Question 7

Dominant

Answer 7

?

Question 8

Easement appurtenant

Answer 8

An easement existing on parcel of land, serving or benefiting another parcel of land,
e.g. an easement for a private way, across the land of another, to be used as access to another wise landlocked parcel
of land.

Question 9

Easement by necessity

Answer 9

An easement which is necessary to the enjoyment of the dominant estate, e.g. ingress
and egress to an otherwise land-locked parcel of land

Question 10

Easement in gross

Answer 10

The rights given to a party to use the land of another and are not annexed to, or restricted by
other property, e.g. an easement for a telephone line

Question 11

Embelements

Answer 11

A right in growing crops that one possesses when his estate in land is of uncertain duration

Question 12

Encroacgment

Answer 12

?

Question 13

Encumbrance

Answer 13

A burden or charge upon property

Question 14

Environmental mitigation

Answer 14

Method used to reduce the sources of environmental hazards.

Question 15

Environmental remediation

Answer 15

Process of remedying or curing a condition involving environmental hazards.

Question 16

Fee simple absolute

Answer 16

The most complete ownership of land, one without any known limitations on the owner’s right to dispose
of the property as he or she chooses.

Question 17

Fee simple defensible

Answer 17

The owner of the property holds a fee simple title contingent upon certain conditions.

Question 18

Freehold estate

Answer 18

Any interest in real property, which is or may become possessory

Question 19

Financial encumbrance

Answer 19

Financial claims attaching to a property that affects or may affect its value or hinder
its transfer.

Question 20

General warranty deed

Answer 20

A deed in which the grantor fully warrants good clear title to the premises

Question 21

Habendum clause

Answer 21

Part of a deed including “to have and to hold”.

Question 22

LCDC

Answer 22

Land conservation and Development Commission

Question 23

Less than freehold estate

Answer 23

Less than Freehold or lease-hold estates are non-ownership possessory interests in real property that can be measured in calendar time.

Question 24

Lien priority

Answer 24

The order in which liens will be paid off out of the proceeds of a foreclosure sale.

Question 25

Lot and block

Answer 25

The lot and block descriptions, the simplest and easiest legal descriptions to use, are used in developed areas where a parcel of land has been platted.

Question 26

Metes and bounds

Answer 26

By metes and bounds in strictness may be understood to be the lines of lands with their terminal point and angles

Question 27

Non-conforming use

Answer 27

A non-conforming or grandfather use of land occurs when a particular property is used in a way that does not comply with zoning regulations

Question 28

Ownership in severalty

Answer 28

sole ownership

Question 29

Prescription

Answer 29

An easement created by use of property for 10 years or prescriptive period for adverse possession.

Question 30

Quit claim deed

Answer 30

The simplest form of deed is the quitclaim deed

Question 31

Rectangular survey

Answer 31

The term used in reference to the U.S. Public Land survey by township

Question 32

Tenants by the entirety

Answer 32

?

Question 33

Township/section

Answer 33

?

Question 34

Trade fixtures

Answer 34

Items installed by tenant so he or she can carry on a trade on a business are called trade fixtures

Question 35

Variance

Answer 35

a variance allows a property owner to make some of the property that is minor infringement on the regulations such as changing the distance of set backs or building height requirements

Question 36

Zoning

Answer 36

the legal power of local municipal government to regulate the use of property within the municipality

Question 37

licence

Answer 37

Authority to do a particular act or series of acts upon another lands without