Property Ownership 6 Flashcards
1
Q
Easement in Gross
A
Involves one property, the servient estate
example- phone lines, gas lines, ditch for storm runoff
2
Q
Commercial Easements
A
Easements held by the government or a business
Transferable
3
Q
Personal Easement in Gross
A
Easement held by a person
Terminates with the death of the holder
Not transferable
Cannot be revoked
4
Q
3 Types of Easements
A
Party Wall
Easement in Gross
Easement in Personal
5
Q
3 Easement Categories
A
Party Wall Easement
Easement in Gross
Easement in Appurtenant
6
Q
License
A
Personal privelege to use land in a limted manner
Can be revoked at any time
Cannot be assigned
Terminates on the death of either party
ex.hunting license
7
Q
3 types categories of easements
A
Party Wall Easement
Easement Appurtenant
Easement in Gross
