Real Property LAST PUSH Flashcards

1
Q

Joint Tenancy - Four Unities

A

joint tenants must take their interests:
(1) at the same time
(2) by the same title
(3) identical equal interests and
(4) with rights to posses the whole

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2
Q

Joint Tenancy Severance

A

Sale and Partition

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3
Q

Joint Tenancy Severance and Sale

A

a joint tenant may sell or transfer their interest during their lifetime - voluntary conveyance destroys joint tenany

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4
Q

Joint Tenancy Severance and Partition

A

three types of partition
(1) by voluntary agreement
(2) by judicial action called partition in kind
(3) by judicial action called forced sale

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5
Q

Partition by Voluntary Agreement

A

an allowable and peaceful way to end the relationship

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6
Q

Partition in Kind

A

an action for a physical division of the property which is in the best interest of the parties

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7
Q

Forced Sale

A

an action when, in the best interest of all parties, the land is sold and the sale proceeds are divided up proportionally

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8
Q

Severance of Tenancy by the Entirety

A

(a) death
(b) divorce
(c) mutual agreement
(d) execution by a joint creditor of both the spouses can sever

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9
Q

Tenancy in Common Termination

A

may be terminated by partition

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10
Q

Periodic Tenancy by Implication

A

(a) the land is leased with no mention of duration, but provisions made for the payment of rent in intervals
(b) an oral term of years in violation of the S.O.F.
(c) if the landlord elects to holdover a residential tenant who has wrongfully stayed past the conclusion of the original lease

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11
Q

Tenant’s Primary Duties

A

(1) routine repair
(2) pay rent
(3) don’t commit waste

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12
Q

Tenant Breaches But is Out of Possession

A

(1) surrender - landlord can choose to treat the tenant’s abandonment as an implicit offer of surrender, which the landlord accepts, thereby ending the lease
(2) Ignore - ignore the abandonment and hold the tenant responsible for the unpaid rent until the natural end of the lease, just as if the tenant were there
(3) re-let the premises on the wrongdoer tenants behalf, and hold the wrong doer liable for the deficiency

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13
Q

Breach by Wrongful Eviction

A

(1) actual eviction
(2) partial eviction
(3) constructive eviction

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14
Q

Actual Eviction

A

occurs when the landlord, a paramount title holder, or a hold over tenant excludes the tenant from the entire leased premises

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15
Q

Partial Eviction

A

occurs when the tenant is physically excluded from only part of the lease premises

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16
Q

Constructive Eviction

A

when the landlord’s breach of duty renders the premises unsuitable for occupancy

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17
Q

When a Landlord is Liable for Breach of Other Tenants

A

(1) a landlord has a duty to abate a nuisance on site
(2) a landlord must control common area

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18
Q

Tenants Entitlement when Implied Warranty of Habitability is Breached

A

(1) move out and terminate the lease
(2) repair and deduct
(3) reduce rent or withhold until court determines fair rental value
(4) remain in possession, pay full rent, and affirmatively seek money damages

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19
Q

Five Exceptions to Caveat Lessee

A

(1) common areas
(2) latent defects
(3) assumption of repairs
(4) public use rule
(5) short term lease of furnished dwelling

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20
Q

Negative Easements are Generally Recognized in Four Categories

A

(1) Light
(2) Air
(3) Support
(4) Stream water from an artificial flow

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21
Q

Creating of Negative Easement

A

can only be created expressly by a writing signed by the grantor

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22
Q

Easement Appurtenant

A

when it benefits the holder in his physical use or enjoyment of his own land

two parcels involved:
(a) a dominant tenement
(b) servient tenement

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23
Q

Easement in Gross

A

if it confers upon its holder only some personal or pecuniary advantage that is not related to their use or enjoyment

common examples:
(1) right to place a billboard
(2) right to swim
(3) utility company’s right to lay power lines on anothers lot

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24
Q

Easement Appurtenant Transferability

A

passes automatically with transfers of the dominant tenement, regardless of whether it is even mentioned in the conveyance

25
Easement Appurtenant Burden on Servient Estate
passes automatically with the servient estate, unless the new owner is a bona fide purchaser without notice
26
Easement in Gross Transferability
not transferable unless it is for commercial purposes
27
Easement Creation
(1) prescription (2) implication (3) necessity (4) grant
28
Easement by Prescription Elements
(a) continuous and uninterrupted use for the given statutes period (b) open and notorious use (c) actual use that need to be exclusive (d) hostile use
29
Termination of an Easement
(1) Estoppel (2) necessity (3) destruction (4) condemnation (5) release (6) abandonment (7) merger (8) prescription
30
Licenses
freely revocable, at the will of the licensor, unless estoppel applies
31
Covenant v Equitable Servitude
(a) if plaintiff wants money, construe the promise is a covenant (b) if plaintiff wants injunction, construe the promise as equitable servitude
32
Requirements for Burden to Run
(1) writing (2) intent (3) touch and concern (4) horizontal and vertical privity (5) notice
33
Horizontal Privity
original promising parties - succession of estate, grantor-grantee, landlord-tenant, mortgage-mortgagee
34
Vertical Privity
nexus between successor in interest and the originally covenanting party
35
Requirements for Benefit to Run
(1) writing (2) intent (3) touch and concern (4) vertical privity
36
Equitable Servitude
promise that equity will enforce against successors of the burdened land regardless of whether it runs with the land at law, unless the successor is bonda fide purchaser
37
Creation of Equitable Servitude
(1) writing (2) intent (3) touch and concern (4) notice
38
Common Scheme Doctrine
(1) the subdivider had a general scheme of residential development which included the defendant's lot and (2) the defendant lot holder had notice of the promise contained in those prior deeds when it took
39
Equitable Defenses to Enforcement of Comon Scheme
(a) neighborhood conditions have changed (b) unclean hands (c) acquiescence (d) estoppel (e) laches
40
Common Scheme Termination
(1) written release from the benefit holders (2) merger of the benefited and burden estates (3) condemnation
41
Adverse Possession
(1) continuous (2) open and notorious (3) actual and exclusive (4) hostile
42
Part Performance Exception to Statue of Frauds
(1) oral contract is certain and clear (2) acts of partial performance clearly prove the existence of a contract
43
Title is Unmarketable
(1) defects in the record chain of title (2) encumbrances - mortgages, liens, restrictive covenants, easements, options to purchase (3) zoning violations
44
Failure to Disclose
(1) seller must know or have reason to know of the defect (2) seller must realize that the buyer is unlikely to discover the defect (3) defect must be serious enough that the buyer would probably reconsider the purchase
45
Time is of the Essence
(1) the contract states so (2) the circumstances indicate that was the parties intent (3) one party gives the other notice time is of the essence
46
Lawful Execution of a Deed
(1) writing signed by the grantor (2) unambiguous description of the property (3) identification of the parties by name or description (4) words of intent to transfer (5) delivery
47
Delivery of Deed is Presumed
(1) grantee has possession of the deed (2) handed to the grantee (3) acknowledged by the grantor in front of notary (4) recorded
48
Quitclaim Deed
grantor isnt even promising that they have title to convey - conveys only what the grantor has at the time of conveyance
49
General Warranty
warrants against all defects in title, including those attributable to grantor's predecessors
50
Six Covenants in General Warranty Deed
(1) covenant of seisin (2) covenant of the right to convey (3) covenant against encumberances (4) quiet enjoyment (5) covenant of warranty (6) covenant for further assurances
51
Special Warranty Deed
deed contains the same covenants as the general, but here the grantor makes those promises only on behalf of himself
52
Fraudulent Conveyances
(1) with actual intent to hinder, delay, defraud, any creditor of the grantor (2) without receiving a reasonably equivalent value in exchange for the transfer and the debtor was insolvent or became insolvent as a result of the transfer
53
Closing Disclosure
3 business days prior to closing (1) principal, interest, payment amounts (2) closing costs (3) potential surprises to mortgagors (4) cash required to close
54
Assumption of Mortgage
theyre agreeing to be personally liable on the mortgage note
55
Subject to Mortgage
they are not agreeing to personal liability; the mortagees only recouse is foreclosure
56
Cumulative Zoning Ordinance
creates a hierarchy of uses of land, where a single family home is the highest use, followed by a two family home, and then apartment, factory etc
57
Noncumulative Zoning Ordinance
under a noncumulative zoning ordinance, land may be used only for the purpose for which it is zoned
58
Groundwater Rights
(1) absolute ownership doctrine (2) reasonable use (3) correlative rights (4) appropriate rights doctrine
59
Restatement Approach to Groundwater Rights
may pump groundwater, unless (1) unreasonably harms neighboring landowners (2) exceeds the reasonable share (3) directly and substantially effects surface waters and unreasonably harms surface water users