Property Flashcards

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1
Q

Restrains on alientation

A

Absolute are void, reasonble are ok

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2
Q

life tenant entitled to

A

all ordinary uses and profits (e.g., if someone is drililng for oil) on teh land
Can’t commit waste! - e.g., injures interest of remainderman or holder of reversion

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3
Q

Waste

A

voluntary (affirmative)
permissive (negligent)
ameliorative: allowed to change only if future interest si not diminished AND remainderman do not object OR substantial & permanent change in neighborhood conditions

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4
Q

Tenancy in the entirety

A

deed or mortgage executed by one spouse ineffective
can’t unilaterally transfer - going to be ineffective

Only death, divroce, mutual agreement, or execution by a joint creditor of both spouses can sever
divorce - tenancy in common

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5
Q

tenants in common

A

must share net profits gained from explitation, rents

AP only if you ousted - if someone just willingly leave, AP will never apply

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6
Q

Oral lease term of years that violates SoF (more than 1 year)

A

periodic tenancy, rent ;paid based on how its tendered

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7
Q

Tenancy at will

A

To T for as long as L or T desires

Terminates by either party at any time (or by operation of law - e.g., deat, waetE)

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8
Q

holdover

A

residential - mouth to mouth

commercial - if for term of years more than 1 year, year to year

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9
Q

Implied covenant of quiet title

A

landlord cannot exclude tenant from property (lease terminated)
partial eviction by landlord relieves tenant from burden to pay
[rotects against paramoutn title holder
Constructive eviction: substantial interference, Notice, Goodbye

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10
Q

Violation of IWH

A

Tenant can move out and terminate lease, repair and deduct from rent, reduce rent or withohold for court order, remain in possession and seek money damages

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11
Q

if T2 breaches, T1 can take (Assignment)

A

does not defeat assignment

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12
Q

Assignment of tenancy at will?

A

Not allowed! ends lease

same with landlord transering interest, renting to third person, committing waste

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13
Q

landlord tort liability - CLAPS

A

common aras, latent defects (duty to warn)
assumption of repairs
public use rule
short-term lease of furnished dwelling

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14
Q

Present covenants

A

Do not run with teh land to subsequent buyers!! so they can’t enforce (Owen, Abe, Bob)

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15
Q

Adverse possession - exclusive possession

A

means not sharing with owner or public

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16
Q

AP- open and notirious

A

puts owner on notice

17
Q

AP - hostile

A

without consent(does not matter if beelievs trespassing)

18
Q

AP - continuous

A

how owner would use proeprty

19
Q

Valid deed requirements

A
in writing 
sufficiently describe the land
identify the grantor and agrantee
evidence of intention to convey
signed by grantor 
sometimes grantee's name can be written in
20
Q

deed effective

A

on delivery and acceptance (which is presumed)

Recordation creates presumption of intent (delivery is a question of grantor’s intent!)

21
Q

no assignment/sublease provision

A

if only names one type, only that type presumed to not be allowed
if T transfers in violation, tarnsfer is NOT void, instead landlord can terminate lease or sue for damages

22
Q

Easement by implication

A

(1) pre-division use was apparant and continous AND parties expected use would continue

23
Q

Horizontal privity

A

grantor-grantee, landlord-tenant, mortgagor-ee

24
Q

verticle

A

non-histle nexis

25
Q

easements running - burden?

A

presumed, unless subsequent is a BFP without notice

26
Q

servitudes - writings?

A

ES (unless PIN); profits, and Covenants/ES (unless common scheme or development

27
Q

Deed requiremenst - land description

A

(1) land if not in deed, boid

28
Q

delivery

A

Did grantor have present intent to reliquish control

29
Q

deed closed if

A

writing describing property signed by grantor, delivered (intend to immdiately part with control)

30
Q

Mortgages

PMM

A

takes priority

31
Q

Mortgages

subordination agreement

A

these are valid!!

32
Q

WAiving right of redemption in equity

A

CANNOT BE WAIVED in mortgage or in security agreement itself!!

33
Q

BFP vs. AP

A

AP wins! recording acts do not protect against interests like implied easements, ap claims (Arise by operation of law)

34
Q

AP vs. life estate

A

AP wins but for life estate only

35
Q

AP vs. real covenants

A

if uses land in violation, of covenant, will get title free of it (even if they had knolwedge of it)
if uses land in conformity, will take subject to