Part 3 Flashcards

1
Q

A right or interest in property is an

A

Estate

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2
Q

The degree, nature or extent of interest that a person has in land

A

Estate in Land

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3
Q

Any claim or liability that affects or limits the title to property is an

A

Encumbrance

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4
Q

All Liens are _____________, but
Not all _______________ are Liens

A

Encumbrances

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5
Q

The right to use another’s land for a stated purpose is an

A

Easement

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6
Q

An ___________ easement is an easement that is attached to, benefits and passes with the transfer of the dominant estate; runs with the land for the benefit of the dominant estate and continues to burden the servient estate

A

Appurtenant

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7
Q

An easement that benefits a legal person or entity and not a tract of land is an

A

Easement in gross

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8
Q

A Deed _________ is a provision written into a deed that limits the use of land. Usually remains in effect when title passes to subsequent owners

A

Deed Restriction

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9
Q

Longstanding encroachments can mature into an Easement by _____________

A

Prescription

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10
Q

A clause found in legal instruments and conveyances that creates a new right or interest on behalf of the grantor. May include mineral rights, rental income or easements

A

Reservation

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