Property Flashcards
What does a wife recieve based on her dower interest?
1/3 interest in all her husbands seized land at husbands death
What estate does an adverse possesor gain when they begin possessing property?
A.P gains estate in existence (life estate, fee simple, etc) at the date AP began possessing property
*if estate in existence is life estate, a new period (starts limitations period over) of possession will begin upon death of life-estate holder
When will a junior interest not be extinguised after a foreclosure sale? (junior mortgage)
when holder is NOT given notice of foreclosure (buyer takes subject to junior interest/ mortgage holders mortgage)
what are the 2 types of waste a life tenant may be liable for?
- permissive waste
2. affirmative waste
What is permissive waste
when life tenant fails to preserve the land
What is affirmative waste?
voluntary waste of natural resources by life tenant unless waste:
- is necessary for repair or maintenance
- land is only suitable for such use
- use of natural resources was expressly or impliedly permitted by the grantor
What is ameliorative waste?
Waste that benefits the property economically
Under what 3 conditions may a life tenant commit ameliorative waste?
- when the market value of future interest are not diminished AND EITHER
- the remaindermen do not object OR
- there is a substantial and permanent change in neighborhood conditions (residential to 90% industrial) that has deprived the property of reasonable productivity/usefulness in its current form
What is the significance of a fee simple determinable to a grantor?
IF condition in language of transfer is met then grantor has a AUTOMATIC right to re-enter property.
**key words ‘so long as’, ‘while’, ‘during’
What is the significance of a fee simple subject to a condition subsequent to a grantor?
right o re-entry must be exercised (does not occur automatically)
**key words ‘but if’
What 3 types of interests are subject to the RAP?
- contingent remainders
- shifting executory interests
- springing executory interests
* *executory interest that follows a defeasible fee usually violates RAP
What are the general duties of a tenant?
- duty to repair (waste)
- duty not to use premises for illegal purposes
- duty to pay rent
What are the general duties of a landlord?
- duty to deliver possession of the premises
- preserve the covenant of quiet enjoyment
- preserve the implied warranty of habitability
- refrain from retaliatory eviction
What is retaliatory eviction?
Landlord may not terminate lease or penalize tenant in retaliation for tenant exercising her legal rights
In what 3 ways may the covenant for quiet enjoyment be breached?
- actual eviction (by landlord or paramount title holder)
- partial eviction – tenant only excluded from part of property
- constructive eviction – property rendered uninhabitable due to landlords act or omission
What effect does partial eviction by a landlord have on a tenant?
relieves tenant of obligation to pay rent on entire premises