Property Flashcards

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1
Q

Implied Warranty of Habitability

A

The landlord of residential tenancies has an implied warranty of habitability to the standard of the premises being fit for basic human habitation or local housing codes. If the landlord does not uphold his duty, a tenant may

(a) leave and terminate the lease
(b) repair the deficiency and hold the costs from future rent
(c) abate rent until the Court can established the fair rental value of the property with the deficit; or
(d) remain and seeks damages

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2
Q

Implied covenant of Quiet Enjoyment

A

A tenant has the right to quiet use and enjoyment of the leased premises without interference from the landlord.

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3
Q

Breach of Quiet Enjoyment by Wrongful Eviction

A

A landlord wrongfully evicts or excludes tenant from the premises.

A partial or actual eviction relieves the tenant the duty to pay rent.

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4
Q

Breach of Quiet Enjoyment by Constructive Eviction

A

A landlord renders premises unsuitable for occupancy.

(1) SI - The landlord causes a substantial interference through a chronic or permanent problem due to landlord’s actions or failures.
(2) N - Notice. The tenant notifies the landlord of the problem and landlord fails to address it.
(3) G - Tenant MUST VACATE within a reasonable time after landlord fails to remediate.

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5
Q

Fair Housing Act Exemptions

A

The fair housing act prevents discrimination on the basis of race, color, religion, sex, disability, familial status, or country of origin.

Does not apply to

(1) owner occupied buildings with 4 or fewer units; and
(2) single family homes if the owner has no more than 3

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6
Q

Lease Assignment

A

When T1 assigns the entire remaining term of his lease to T2, T2 holds privity of estate with the Landlord and T1 holds privity of contract.

T2 is liable for covenants that run with the land but T1 remains liable if T2 betrays any promises.

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7
Q

Sublease

A

A sublease arises when T1, the original tenant, transfers less than her entire interest to T2.

The result of a sublease is that the landlord and sublessee are in neither privity of estate nor privity of contract.

Instead, T2 is responsible to T1 and vice versa.

The relationship between L and T1 remains fully intact

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8
Q

Caveat Leasee

A

A landlord must warn the tenant the tenant of dangers, but has no duty to make the premises safe except:

(a) Common areas
(b) Latent defects
(c) Public use of public space (due to significant nature of the defect and the short length of the lease, that a tenant would not repair and to protect the public)
(d) Short term lease of furnished dwelling. - Here, landlords are responsible for any defective condition which proximately injures a tenant whether he knew of the defect or not.

Although the landlord has no duty to repair, once a repair is undertaken then it must be completed with reasonable care.

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9
Q

Terminating an Easement through Estoppel

A

An oral expression of an intent to abandon an easement won’t terminate an easement unless it’s also committed to writing (a release) or accompanied by action (abandonment).

But if the servient owner materially changes their position in reasonable reliance on the easement holder’s assurances or representations (such as that the easement will no longer be enforced), the easement terminates through estoppel.

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10
Q

Adverse Possession

A

(1) continuous
(2) open and notorious
(3) actual
(4) hostile

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11
Q

Easement in gross

A

There is no dominant tenant, the servient land is burden so that the holder may obtain a personal/commercial advantage unrelated to the use/ejoyment of land.

This easement is not transferrable unless it is for commercial purposes.

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12
Q

Easement appurtenant

A

The appurtenant easement passes automatically with transfers of the dominant tenement, regardless of whether it is even mentioned in the conveyance.

The burden of the easement appurtenant also passes automatically with the servient estate, unless the new owner is a bona fide purchaser without notice of the easement.

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13
Q

Requirement for Burden to Run

A

(1) writing
(2) Intent
(3) Touch and concerns land

(4) horizontal privity
* promisor and promisee shared some interest in the land development of the covenant

(5) vertical privity
* holds the entire durational interest held by the Covenanter at the time the covenant was made

(6) notice

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14
Q

Requirement for benefit to run

A

(1) Writing
(2) Intent
(3) Touch and concerns
(4) vertical privity

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15
Q

Equitable Servitude

A

(1) intent
(2) touch and concern
(3) notice

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16
Q

Common scheme doctrine

A

Under the common scheme doctrine the court will imply a reciprocal negative servitude on the unrestricted lot.

If a developer subdivides the land
And some deeds contain the restrictive covenants
But others do not
The restrictive covenant will bind all parcels if
(1) the scheme of development started when sales began; and
(2) D had notice of the promise when they took possession (record, actual, or inquiry notice)

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17
Q

Doctrine of Changed conditions

A

Under this doctrine, a party seeks release from the terms of an equitable servitude because the changed circumstances of the neighborhood conditions is so significant that enforcement would be inequitable.

The changed conditions must be so pervasive they affect and entire area or subdivision, mere pockets of limited change will not suffice.

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18
Q

Tacking

A

One adverse possessor may tack on to his time with the land his predecessor’s time, so long as there is privity between the possessors.

Privity is satisfied by any non-hostile nexus, such as a contract, deed, or will.

By contrast, privity is absent when the possessor acquires possession by ousting his predecessor in possession.

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19
Q

Effect of Disabilities on Continuous Element of Adverse possession

A

The statute of limitations will not run against a true owner who is afflicted by a disability at the inception of the adverse possession.

Only the disability of the owner existing at the time the cause of action arose is considered.

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20
Q

conveyance of real estate

A

(1) The land contract, which conveys equitable title. Than land contract endures until
(2) The closing, where the deed passes legal title and becomes our operative document

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21
Q

Land Sale Contract Requirement

A

The Statute of Frauds requires contracts for the sale of land be evidenced by a writing and signed by the party being sued that:

(1) Identifies the parties
(2) Describes the property; and
(3) includes the price (consideration) or a means of determining the price (such as FMV or determined by appraisal)

22
Q

Inaccurate Description of Land Remedy

A

Specific performance with pro rate reduction in price because land is unique.

23
Q

Doctrine of Part Performance

A

The Statute of Frauds requires contracts for the sale of land be evidenced by a writing and signed by the party being sued.

When the contract is oral and won’t be enforceable unless it falls within an exception to the statute, a buyer may enforce the oral real estate contract by specific performance if:

(1) the oral contract is certain and clear; and
(2) the acts of partial performance clearly prove the existence of a contract as exhibited by
(a) buyer taking possession of the property
(b) buyer has paid the purchase price or a significant portion of the purchase price; or
(c) buyer has made substantial improvements to the premises

24
Q

Defects that Render Title Unmarketable

A

(a) defects in record chain of title (adverse possession)
(b) encumbrances (unless the buyer has waived them)
(c) zoning violations that currently exist
(d) future interests held by unborn or unascertained parties

25
Q

Executing a valid deed

A

Requirements

(1) a writing signed by the grantor
(2) an unambiguous description of the land
(3) identification of the parties by name or description
(4) words of intent to transfer, such as “grant”

The deed does not require consideration.

26
Q

Deed delivery requirements

A

A deed is effective when delivered.

A deed is delivered when the grantor physically or manually transfers the deed to the grantee, but does not require physical transfer of the document itself but rather that the grantor manifested the present intent to part with legal control.

27
Q

To Pass legal title from Grantor to Grantee

A

The deed must be lawfully executed and delivered.

28
Q

Quitclaim Deed

A

A quitclaim deed promises no covenants for title.

29
Q

General Warranty Deed

A

A general warrant deed warrants against all defects in title, including those attributable to grantor’s predecessors.

30
Q

General Warranty Deed - Present Covenants

A

(1) Covenant of Seisin : grantor owns this estate and is vested with ownership
(2) The covenant of the right to convey: Grantor has the power to transfer
(3) The covenant against encumbrances: no servitudes or liens on the land.

31
Q

Race Jurisdiction Winner

A

B wins, if he records properly before A

32
Q

Notice Jurisdiction Winner

A

B wins if he was a BFP when he took, regardless of whether he records before A. The last BFP wins.

33
Q

Race- Notice jurisdiction winner

A

B wins if B is a (1) a BFP and (2) records PROPERLY before A does

34
Q

BFP

A

A bona fide purchaser must:

(1) be a purchaser (or a mortgage lender), not one who received property by gift, will, or inheritance
(2) pay valuable consideration
(3) take without notice (actual, constructive, or inquiry) of prior conveyance

35
Q

Inquiry Notice of Prior Conveyance

A

(a) If another is in possession, B is charged with inquiry notice, regardless of whether B actually bothered to inspect or not.
(b) a recorded instrument makes reference to an unrecorded transaction

36
Q

Record Notice of Prior Conveyance

A

Chain of Title

B is on record notice of A’s deed if, at the time B takes, A’s deed was properly recorded within the chain of title.

37
Q

Race Statute

A

A conveyance of an estate in land

shall not be valid against a subsequent purchaser for value

unless the conveyance is first recorded.

*First to record wins.

38
Q

Notice Statue

A

A conveyance of an interest in land,

shall not be valid against a subsequent purchaser for value

without notice thereof

unless the conveyance is recorded

*last BFP wins, regardless of who records first

39
Q

Race-Notice Statute

A

Any conveyance of an interest in land

shall not be valid against any subsequent purchaser for value

without notice therefore

whose conveyance is first recorded

*To win, B must (1) be a BFP and (2) win the race to record.

40
Q

Wild Deed

A

A wild deed is a recorded deed that isn’t connected to the chain of title. It doesn’t impart constructive notice because a subsequent purchaser could not feasibly find it.

41
Q

Purchase Money Mortgage

A

The purchase money mortgage is an extension of value by a lender who takes as collateral a security interest in the very real estate that its loan enables the debtor to acquire.

42
Q

Contingent Remainder

A

A remainder is contingent if it is created in favor of unborn or unascertained persons.

43
Q

Doctrine of Merger

A

The contract merges into the deed, and the terms. of the contract are meaningless.

44
Q

Appurtenant Easement Conveyance

A

The benefit to the dominant tenement transfers to all who possess or subsequently succeed to title to the dominant tenement regardless of whether the easement is mentioned in the conveyance.

45
Q

B2 “assumed the mortgage”

A

B1 and B2 are personally liable to the mortgagee/lender

46
Q

B2 takes “subject to the mortgage”

A

B2 has no personal liability.
B1 remains personal liable.

If recorded, the mortgage stays on the land.

If B1 defaults on the mortgage, the lender/mortgagee may foreclose.

47
Q

Vested Remainder

A

Beneficiaries are ascertainable and their taking in possession is not subject to a condition precedent

  • If subject to diminution by reasons of others becoming entitled to take = subject to open
  • If possession subject to being defeated by the happening of a condition subsequent = subject to total divestment
48
Q

Joint Tenancy Formation

A

Joint tenancy is a concurrent estate in land with the rights of survivorship. When one tenant dies, the surviving co-tenants take the property free of the deceased tenant’s interest.

4 unities

1) Time
2) Title
3) Type/duration/interest
4) Identical rights to possession

49
Q

Joint Tenancy Severance

A

1) INTER VIVOS conveyance of an UNDIVIDED interest and transferees becomes tenants in common
2) Mortgage lien theory = no serverance

Mortgage title theory = severance

50
Q

Mortgage

A

A SECURITY INTEREST in real estate where the mortgagee takes title or forecloses on default to pay the debt

51
Q

Joint Tenancy Duties

A

1) POSSESSION and to Enjoy the entire premises
* wrongfuly ouster/exclusion entitles ousted to FRV for time deprived

2) REPAIRS
* pro-rata so can get contribution

3) TAXES
* sole possession = reimbursed for only amount > FRV
* joint possession = contribution

4) RENT FROM TENANTS
* share