Property and Gov Rights

Question 1

Accretion

Answer 1

The increase to land due to natural causes.

Question 2

Affidavit of Affixture

Answer 2

A document used to make a mobile home/manufactured home real property.

Question 3

Appurtenance

Answer 3

The rights and improvements that are attached to the land and transferred with the land unless reserved or excepted on the deed. May be Corporeal or Incorporeal.

Question 4

Bill of Sale

Answer 4

Personal property is usually transferred by Bill of Sale.

Question 5

Bundle Of Rights

Answer 5

A term describing all the rights an owner has in real property. Disposition. Exclusion. Enjoyment. Possession. Control (DEEPC)

Question 6

Condemnation

Answer 6

The legal process of taking property through eminent domain. The legal “action” or “process”

Question 7

Conversion

Answer 7

The process of changing real property to personal property personal property to real.

Question 8

Corporeal

Answer 8

Corporeal real estate are improvements such as buildings, fences, trees, sidewalks, perennial plants.

Question 9

Dedication

Answer 9

The transfer of privately owned land to the public, without consideration, with the intent the land will be used for public purposes.

Question 10

Deed

Answer 10

The written document by a property owner “grantor” which conveys to a “grantee” ownership interest in real property.

Question 11

Emblements

Answer 11

Are annual crops produced by labor, which are personal property. AKA Fructose industrials. Also defined as the right of a tenant farmer to reenter to cultivate and harvest crops once lease expires.

Question 12

Eminent Domain

Answer 12

The right to take ownership of private property for public use with just compensation paid. “right” or “power”

Question 13

Erosion (Avulsion)

Answer 13

The gradual wearing away of soil

Question 14

Escheat

Answer 14

Reversion of property to the state due to the owner dying without a will(intestate) and with no known heirs.

Question 15

Fixture

Answer 15

Is an item which was once personal prop that has been permanently attached to and has become real property. MARIA

Question 16

Grantee

Answer 16

Receives the Deed

Question 17

Grantor

Answer 17

Gives the Deed.

Question 18

Hereditament

Answer 18

The right to transfer ownership to heirs.

Question 19

Heterogeneity

Answer 19

(non-homogeneous, uniqueness) meaning no to parcels of land are the same.

Question 20

Personal Property (Chattel, Personalty)

Answer 20

Personal property is movable property that is NOT attached to land. (potted plants, cars)

Question 21

Police Power

Answer 21

The right to enact and enforce laws for the health safety and welfare of public.

Question 22

Real Property (Real Estate)

Answer 22

Real Property is the land everything attached to it(tenements) and the rights that accompany it.

Question 23

Riparian Rights

Answer 23

Rights of a property adjoining a river or stream to the land beneath the water or to the water itself

Question 24

Taxation

Answer 24

Real property taxes are charges against property to bear the cost of municipal functions such as schools, police and fire departments libraries ect.

Question 25

Tenement

Answer 25

Real property is the land that everything attached to it (tenements) and the rights that accompany it.

Question 26

Tangible

Answer 26

A personal item that can be touched potted plants, furniture, cars

Question 27

Intangible

Answer 27

are rights and relationships. (copy rights, trademarks, patents)