Property Law Flashcards
1
Q
Deeds
A
must be in writing
signed
have description of property
delivered
2
Q
Deeds - to prevent 3rd party having superior interest
A
deed must be RECORDED
3
Q
Mortgage
A
must be in writing
signed
description
delivered
4
Q
Lease
A
no writing required if <1yr
warranty of habitability is implied
death does NOT terminate
sale of property does NOT terminate
5
Q
Tenancy in common
A
undivided interest in a portion of the property
upon death, property goes to descendants heirs
6
Q
Joint Tenancy
A
undivided interest in entire prop
upon death, property goes to other joint tenants
