Real Property Flashcards

1
Q

If a property is conveyed to two persons as “joint tenants,” do you assume the right of survivorship?

A

NO – the deed from the grantor must expressly state a right of survivorship.

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2
Q

An indefeasibly vested remainder means that…

A

the future interest holder is certain to acquire the property and will be able to keep it forever.

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3
Q

Can a holder of a indefeasibly vested remainder convey a present interest in a property?

A

No – to take free and clear title, the buyer must also obtain a conveyance of the present estate.

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4
Q

“so long as…” is indicative that a conveyance is a…

A

fee simple determinable.

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5
Q

When a fee simple determinable holder breaches the stated condition, title…

A

reverts back to the grantor in fee simple absolute.

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6
Q

An adverse possession claim is barred if not brought within…

A

15 years.

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7
Q

After defaulting on a security interest and before a property is sold at foreclosure, the defaulting-owner may…

A

“redeem” the property by satisfying the security interest prior to closing.

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8
Q

To obtain title to real property by adverse possession in Virginia, the party seeking title that his possession was (1) actual and visable; (2) exclusive; (3) continuous; and (4) hostile to owners rights for a period of how many years?

A

15 years

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9
Q

Where members of a condo association have misused common areas of the property, in violation of assocation rules and to the detriment of other members, who has standing to sue?

A

Only the unit owners’ association has standing to sue for claims or actions related to the common elements.

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10
Q

Where all the requirements of adverse possession are met except that the possessor actually had the owner’s permission to possess & use the real property, the possessor is presumed to have….

A

A revocable license.

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11
Q

A license can become irrevocable if one relies upon permission and incurs expenses to use the land due to such reliance. In such cases, the license holder should argue that they acquired an…

A

easement over that portion of the land.

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12
Q

While a tenancy by the entirety is only available to spouses, if the instrument creating the estate demonstrates an intent to create a survivorship interest, then a purported tenancy by the entirety by unmarried partners will create a….

A

joint tenancy with the right of survivorship.

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13
Q

On its face, Virginia’s recording statute reads as a notice statute. However, the Virginia Supreme Court has concluded that Virginia’s recording act makes it a….

A

race-notice jurisdiction.

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14
Q

To be protected under a race-notice statute, the subsequent purchaser….

A

must take without notice of a prior grant and must record first.

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15
Q

At closing, the deed conveys….

A

legal title to the buyer.

title passes

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16
Q

Notice may be imputed to a buyer on the basis that….

A

a recording existed in public documents.

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17
Q

Under the doctrine of merger, provisions in a contract for sale are….

A

extinguished and merged into the deed at closing.

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18
Q

After closing, if a buyer has a claim against a seller, then the basis of the claim must be based on….

A

the covenants in the deed, if any, and not on the land sale contract.

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19
Q

Provisions which are collateral to the passage of title and not covered by the deed may….

A

survive the deed’s exection.

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20
Q

Agreements are considered collateral to the sale of property if they….

A
  1. Are distinct agreements made in connection with the sale;
  2. Do not affect title to the property;
  3. Not addressed in the deed; and
  4. Do not conflict with the deed.

These will survive the deed

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21
Q

To establish fraud, one must prove…

A

(1) A false representation of material fact;
(2) Made knowingly;
(3) With the intent to mislead or conceal;
(4) Relied upon by the Plaintiff to their detriment.

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22
Q

The reliance element of a fraud claim may not be justified when…

A

a potential buyer undertakes investigation regarding a matter at issue because the buyer will be charged with knowledge that was revealed or should have been revealed in diligent investigation.

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23
Q

A deed may validly convey real property by inter vivos gift so long as there is…

A

(1) donative intent;
(2) delivery;
(3) acceptance.

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24
Q

A deed must be:

A

(1) in writing;
(2) signed by the grantor;
(3) reasonably identifying the parties and the land.

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25
Q

A grantee becomes bound by the terms of a deed by….

A

his acceptance of a deed delivered by the grantor.

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26
Q

If conveyance of a property is presumed to be beneficial, acceptance of the grantee can be….

A

implied.

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27
Q

(TRUE/FALSE): A mortgage assumption clause is not subject to the suretyship provision of the Statute of Frauds.

A

TRUE.

28
Q

A valid deed containing a mortgage assumption clause, when accepted by the grantee, is…

A

an enforceable agreement to assume mortgage debt.

29
Q

(TRUE/FALSE): A grantee who assumes an existing mortgage is not a surety.

A

TRUE.

30
Q

Parole evidence is inadmissible to vary or contradict an….

A

unambiguous written instrument, including a deed.

31
Q

Where the language of a deed is explicit, the intention is clear, and the result is not repugnant, the court should…

A

look no further than the four corners of the instrument.

32
Q

An argument that one can avoid indemnifying a grantee for a mortgage on the grounds of mistake of fact will fail if….

A

the contract clearly stated that the deed was subject to an assumption of the mortgage.

33
Q

Under the doctrine of mutual mistake, a court may give relief where there has been an innocent omission or insertion of a material stipulation if it….

A

is contrary to the intent of both parties.

34
Q

The doctrine of merger only applies to the subject matter…

A

specifically covered by the deed, it does not apply to collateral provisions.

35
Q

In order for a deed to be valid it must…

A

(1) meet certain formalities;
(2) be delivered to the grantor; and
(3) be accepted by the grantee.

36
Q

Once delivery of a deed occurs…

A

title passes to the grantee.

37
Q

The language “English covenants of title” simply mean that the deed…

A

is conveyed in fee simple, without any encumbrances of tenancies, or liens on the property.

38
Q

To have quiet possession free from encumbrances simply means that…

A

(1) a grantee will hold and enjoy the land free from any interruption, claim or demand by anybody, and

(2) that grantor would indemnify and save grantees harmless against any and every charge or encumbrance.

39
Q

An encumbrance includes…

A

the existence of phyiscal intrusions, encroachments, superior title, or interest in land held by another party.

40
Q

(TRUE/FALSE): Lawful zoning ordinances are not encumbrances.

A

TRUE

41
Q

With regard to judgment liens, it is generally recognized that so long as the judgment is unenforced…

A

no actual damages are incurred by the buyer unless he discharges the lien or suffers damages as a result of enforcement of the lien.

42
Q

If there is a judgment lien on the property prior to closing, the seller has breached…

A

the covenant that the lot was free from encumbrances.

43
Q

A private nuisance occurs when one…

A

takes an action which unreasonably interferes with the use and enjoyment of another person’s land in a way unique to that person rather than to the citizens at large.

44
Q

The remedy for a private nuisance is equitable in nature, it will be….

A

a permanent injunction.

45
Q

The English Covenants of Tile include:

A
  1. Seisin;
  2. Right to Convey;
  3. Quiet Posession;
  4. Further Assurances; and
  5. No encumbrances.
46
Q

Seisin is a covenant that the grantor…

A

has the interest that he purported to convey.

47
Q

Right to convey assures that the grantor has…

A

the right, power, and authority to convey the property.

48
Q

Quiet possession covenants that the grantee can…

A

peaceably and quietly hold and possess the property without demand or claim to the property from a third party.

49
Q

Further assurances is a covenant to…

A

execute deeds or otherwise take action to perfect title if necessary.

50
Q

No encumbrances assures that there are…

A

no encumbrances against title or interest in the property.

51
Q

A general warranty deed and the English Covenants of Title gaurantee againsts defects in title, not….

A

defects in the condition of the property.

52
Q

HYPO: If a purchase and sale agreement warrants that a condition of the property will be in good working order at the time of closing, and the buyer does a walk-through on the date of closing, raising no issues, will he later have a viable claim against the seller for a breach of warranty if the condition later is found to not work?

A

No – the walk-through inspection at closing defeats the claim.

53
Q

The Supreme Court of Virginia has recognized that the owner of a tract of land can have a “negative easement” in a servient tract that allows the Plaintiff to….

A

demand the owner of the servient tract to refrain from specific uses of the land.

54
Q

Negative easements may arise from…

A

representations and inducments to a purchaser of property.

55
Q

The Supreme Court of Virginia has held that the doctrine of merger is inapplicable to contract provisions….

A

unrelated to title.

even where the parties have expressly agreed in the land sale contract that representations and warranties be merged into the deed.

56
Q

The express warranty of workmanship pertains to….

A

the physical condition of the property, and it is unrelated to title.

57
Q

An express agreement in a purchase contract stating that, “the foregoing warranty shall be deemed merged into the deed at closing, and shall not survive closing,” will not be effective as to…

A

warranties unrelated to title.

58
Q

The first question in any partition suit is whether the property can be divided…

A

in kind.

59
Q

If part of a property has a residence on it, and part does not, partition in kind would be….

A

impossible, because the the law will not contemplate dividing a home in half.

60
Q

In the event of partition, a tenant in common or joint tenant who places improvements upon common property at his own expense, is entitled to….

A

a compensatory credit for the expenses they paid.

61
Q

In order to grant specific performance of a contract to sell real estate, the court must conclude that….

A
  1. The contract is valid and enforceable;
  2. Both parties have obligations to perform under the contract; and
  3. There is no adequate remedy at law.
62
Q

So long as a land sale contract is on record and not released, title will….

A

not be marketable until there is a judicial determination that the contract is no longer enforceable.

63
Q

Generally, any contract for the sale of real estate may NOT be…

A

oral.

64
Q

HYPO: If one agrees to sell property to buyer1, but then sells the property to buyer2 for a higher price, in a breach of contract claim against the seller by buyer1, what damages will be appropriate?

A

The difference between the purchase price to which she agreed and the market value of the property.

(buyer2 price - buyer1 price) = damages

65
Q

The Supreme Court of Virginia has held that where a grantor conveys land by deed, describing it as bounded by a road or street (which the grantor pays for), the grantor implies that such way exists and that…

A

the grantee acquires the benefit of it.

66
Q

There is a presumption that the removal of trees that are party of realty results in…

A

irreperable harm.