National

Question 1

Real Property (Real estate, realty)

Answer 1

Land, everything attached to it and the rights that accompany it.
Property that is immovable. Transferred by deed.

Question 2

Deed

Answer 2

The written instrument by which a property owner as “grantor”conveys and transfers to a “grantee” an ownership (freehold) interest in real property.

Question 3

Grantor

Answer 3

Gives a deed-typically the seller.

Question 4

Grantee

Answer 4

Receives a deed-typically the buyer.

Question 5

Erosion or Avulsion

Answer 5

The tearing away of land due to natural causes.

Question 6

Accretion

Answer 6

The increase of land due to natural causes.

Question 7

Heterogeneity

Answer 7

No two parcels of land are the same because land is different from place to place.

Question 8

Appurtenances

Answer 8

The rights and improvements that are transferred with the land unless reserved or excepted.

Question 9

Emblements

Answer 9

(annual crops-fructus industriiales) our personal property. Emblements are also defined as the right of a tenant farmer to harvest crops after the lease has expired.

Question 10

Riparian rights

Answer 10

Water rights next to a river or stream.

Question 11

Personal property (chattel)

Answer 11

Personal property is movable such as:

• Potted plants
• Furniture
• Automobiles
• Documents (leases, contracts, Deeds of trust, promissory notes)

Personal property is transferred by a bill of sale.

Question 12

Littoral Rights

Answer 12

Water rights next to a lake or ocean.

Question 13

Fixtures

Answer 13

An item which was once personal property but has been permanently attached to and has become real property. A fixture retains the characteristics of personal property.

Question 14

Conversion

Answer 14

The process of changing real property to personal property or personal property to real. Trees become personal property upon conversion into lumber.

Question 15

Police power

Answer 15

Right to enact laws for health, safety and welfare of the public.

Example: zoning laws, health codes.

Question 16

Eminent domain

Answer 16

The right to take private property for public use with fair compensation paid. The process of taking property through eminent domain is known as condemnation.

Question 17

Taxation

Answer 17

Charge against the property to bear the cost of municipal functions.

Question 18

Escheat

Answer 18

Reversion of property to the state due to owner dying without a will (intestate) and with no heirs.

Question 19

Bill of sale

Answer 19

By which personal property is transferred by.

Question 20

Affidavit of Affixture

Answer 20

?? Need better definition

Question 21

Dedication

Answer 21

The transfer of privately owned land to the public, without consideration, with the intent that the land will be accepted and used for public purposes.

Question 22

Condemnation

Answer 22

The process of taking property through eminent domain.