Property Flashcards

1
Q

Does the landlord-tenant relationship continue after partial condemnation?

A

Yes - as does the tenant’s obligation to pay the entire rent for the remaining period of the lease.

Tenant entitled to share in the condemnation award to the extent that the condemnation affected the tenant’s rights under the lease.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What rights do a holder of right of first refusal have?

A

1) preemptive right to meet any third party’s offer to purchase real estate.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Does the right of first refusal personal to the holder violate RAP?

A

No - unless it does not extend to heirs and assigns - because it must necessarily be exercised within the perpetuities period.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Is a seller liable where she has concealed conditions of the property?

A

Yes, despite the rule that sale of real property does not carry implied warranties of quality or fitness (unless the seller is also the builder)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

A beneficiary predeceases testator, what results in common law? In modern statutes?

A

CL: if the beneficiary of the will predeceased the will maker, the gift to the beneficiary was void

Modern: anti-lap statutes

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

When does the doctrine of part performance make an otherwise unenforceable oral contract of sale enforceable?

A

Acts of part performance unequivocally prove the existence of the contract.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What can a junior interest do to protect its interest against a senior interest’s threat of foreclosure?

A

Can pay off a senior interest moving for foreclosure to preserve it’s interest on the land.

Junior lienholder has an equitable right to pay off the senior lien prior to foreclosure and become subrogated to the rights of the senior lienholder.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What is the legal effect of a sales contract after the deed is conveyed?

A

None.

Under the doctrine of merger, the contract merges into the deed, and the terms of the contract are meaningless. A deed does not incorporate the title terms of a contract.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

When is an easement extinguished?

A

When the easement is conveyed to the owner of the servient tenement.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What is necessary for an easement to exist

A

The ownership of the easement and the servient tenement must be in different persons.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Is a seller required to hold title to land when she enters into a contract to sell the land?

A

No - only required to have marketable title at the date of closing so that she can deliver it to the buyer.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What does “touch and concern” mean?

A

covenant must affect parties’ legal relations as landowners (very low standard)

e.g. homeowner fees

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

How does a court interpret the specificities of an easement?

A

If the parties to the original creation of the use specifically state the location of the easement, its dimensions, and the special use or limits to such use, the courts will honor this expression of specific intent.

Absent specific limitations, it will be assumed that the parties intend that the easement meet both present and futurereasonableneeds of the dominant tenement.

However, a basic change in the nature of the use is not allowed.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Who is not protected by the recording statute?

A

1) judgment lien holders
2) donees, heirs and devisess
3) PMMs as to subsequent mortgage liens
3) BFPs against interests that arise out of operation of law (AP, heirs, etc.)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

When is vertical privity not present?

A

Where there is a hostile nexus (i.e. adverse possession)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What is horizontal privity?

A

Relationship between covenanting parties

17
Q

What is vertical privity?

A

Relationship between covenanting parties and their successor interests

18
Q

What is the seniority of a PMM?

A

A PMM, whether recorded or not, has priority over mortgages, liens, and other claims against the mortgagor that arise prior to the mortgagor’s acquisition of title. However, PMM priority is subject to being defeated bysubsequentmortgages or liens by operation of the recording acts.

19
Q

Who does the statutory period of AP NOT run against?

A

Does not run against the holder of a future interest (e.g., a remainder) until that interest becomes possessory, because the holder of the future interest has no right to possession (and thus no cause of action against a wrongful possessor) until the prior present estate terminates

20
Q

When does the perpetuities period start to run on deed?

A

On the date the deed is delivered with intent to pass title.

21
Q

Who needs to join the contract sale initiated by a holder of a fee simple determinable?

A

The future interest holder - i.e. the grantor who has the possible of reverter

22
Q

What is the presumed duration of an easement?

A

perpetual ( as long as in writing)

23
Q

May a co-tenant encumber the interest of another?

A

No

24
Q

What is needed for an easement or boundary dispute agreement to be effective on all co-tenants?

A

All co-tenants must sign the agreement

25
Q

What effect does a forged deed have?

A

None - void and does not convey any interest of the person whose signature is forged, event if the grantee pays consideration for the deed and believes that the forged signature is genuine.

26
Q

What is an ouster?

A

Occurs when one co-tenant wrongfully excludes another co-tenant from possession of the whole or any part of the whole of the property

27
Q

When can a co-tenant acquire AP over another co-tenant’s interest?

A

If the co-tenant had ousted the other prior to possessing the land for the statutory period required for AP - an ousting can be physical or constructive

28
Q

Who needs to be joined in a subdivision plot suit to quiet the enforcement of a servitude?

A

All of the landowners in the subdivision

29
Q

Is an easement holder entitled to compensation if there is a taking of the property by eminent domain.

A

Yes

30
Q

What is the effect of a joint tenant devising their interest?

A

Inoperative as to joint tenancy property because when the testator dies and the will becomes operative, his rights in the joint tenancy property are extinguished, and the will has no effect on them.