PA Property Law Distinctions Flashcards
Does a mortgage sever a joint tenancy in Pennsylvania?
Yes, unless all joint tenants execute the mortgage on the joint tenancy of the property.
Can a joint tenancy be disposed of by will?
No
How is a landlord’s right to possession of chattels assessed?
- Personalty? (no right)
- Trade fixture? (no right)
- Fixture? (Right to keep)
Against whom is an unrecorded deed valid?
The grantor and the grantor’s heirs and devisees
How can a subsequent grantee get priority over the equitable estate of a prior grantee?
They must :
- Be a bona fide purchaser for value
- lack actual or constructive notice of the equitable interest of the prior grantee; and
- Record a deed before the first grantee records
Does Pennsylvania follow the rule in Shelley’s Case?
No
Does Pennsylvania follow the Doctrine of Worthier Title?
No
Does Pennsylvania apply the rule against perpetuities?
No; it applies the wait and see approach, but only to interests created before December 31, 2006
Does Pennsylvania presume a joint tenancy is created?
No; it disfavors these unless intent was expressed with sufficient clarity.
Does a sale upon execution of a judgment (sheriff’s sale) sever a joint tenancy?
Yes
Does conveying a life estate sever a joint tenancy?
Yes, because the original tenants no longer have the same interest or possession of the property
In PA, if real estate is conveyed to two married grantees, what is created?
A tenancy by the entirety is presumed, unless the deed shows otherwise by clear and convincing evidence
Can a tenant by the entirety transfer part of the property without approval from the other spouse?
No
Does a judgment against one tenant by the entirety place a lien on the property?
No, only against the spouse’s expectancy interest upon survivorship or divorce
If two tenants by the entirety convey property with a lien on it to a third party, does the third party take the property with the lien?
No