Ownership/ Title

Question 1

‘what are the elements of Adverse Possession?

Answer 1

1. Continuous 2. Actual 3. Open and Notorious 4. Hostile 5. Exclusive

Question 2

What musta deed have in order to be valid?

Answer 2

1. id the property and parties 2. must be signed 3. must include words of transfer

Question 3

What qualifies as a testamentary transfer?

Answer 3

If the grantor intends to make a transfer only upon his death.However, the transfer must be: written, signs and witnessed.

Question 4

Under the Recording act what jdx Can a person purchase land without notice of a prior interest, and prevail in an ownership dispute against the prior interest. ex: C bought property without notice of the sale from A to B, C will prevail in a dispute with B

Answer 4

Notice Statues

Question 5

Under the Recording act what jdx. will the first person to record the deed prevail regardless of knowledge.

Answer 5

Race Statue

Question 6

Under the Recording act what jdx will allow a person to prevail in an ownership dispute against the prior interest if the person purchases land without notice of the prior interest and records it first

Answer 6

Race Notice jdx.

Question 7

What is the name of a person who pays value for property and takes it w/o notice of the prior claim?

Answer 7

BFP (Bona Fide Purchaser)

Question 8

Name the three type of Notice

Answer 8

1. Actual 2. Inquiry- reasonable investigations 3Constructive- grantees are on notice of anything recorded in the chain of title

Question 9

What grants a person the right to use land

Answer 9

Easement

Question 10

Name the classification of Easements?

Answer 10

1. Appurtenant: attached to the land 2. In gross: specific to the person