Real Property (Final) Flashcards
1
Q
Land Contract Requirement
A
- Writing
- Parties identified
- Signed by one to be bound
- Describes land
- States Consideration
2
Q
Warranty Deed
A
- Seisin
- Right to Convey
- Encumbrances
- Title
- Quiet Enjoyment
- Further assurances
3
Q
Constructive eviction
A
- Virtually uninhabitable
- Substantial interference with use
- Notice
- LL doesn’t respond
- T actually moves out
4
Q
Warranty of Habitability
A
- Terminate & move; or
- Repair and deduct; or
- Pay reduced rent & sue
5
Q
Creation of Easement
A
{PING} Prescription -Actual use -Open & Notorious -Hostile (no consent) -Statutory period Implication -Originally one parcel -Severed -Use existed prior to severance -Reasonably necessary Necessity -Common ownership -Strictly necessary -No prior use required Grant -Express Estoppel
6
Q
Termination of Easement
A
{END CRAMP}
- Estoppel (reliance)
- Necessity ends
- Destruction
- Condemnation of property
- Release
- Abandonment with action
- Merger of parcels
- Prescription (in reverse)
7
Q
Burden runs with Land (Covenant)
A
{WITHN}
- Writing
- Intent
- Touches and Concerns Land
- Horizontal and Vertical Privity
- Notice
8
Q
Benefit Runs with Land (Covenant)
A
{WITV}
- Writing
- Intent
- Touches and Concerns Land
- Vertical privity
9
Q
Implied reciprocal servitude
A
- Common plan or scheme
- Notice
- Writing not required
10
Q
Termination of covenants & Equitable servitudes
A
- Agreement
- Abandonment
- Changed Conditions