Subsequent Possession Flashcards

1
Q

Bailee

A

person holding property in trust for another

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2
Q

Bailment

A

the delivery of property to be held in trust and which is designated for a particular purpose, following the satisfaction of which the property is either to be returned or disposed of as specific.

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3
Q

Elements of Adverse Possession (4)

A
  1. Continuous during the statutory period
  2. Open and Notorious
  3. Actual entry
  4. Hostile possession
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4
Q

Discovery Rule

A

A cause of action will not accrue until the injured party discovers or by exercise of reasonable diligence should have discovered facts which form the basis of a cause of action. DOES NOT APPLY TO REAL PROPERTY.

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5
Q

Tacking

A

one adverse possessor may tack on his predecessor’s time as long as there is privity. Not allowed if there was an ouster

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6
Q

Privity

A

met by an non-hostile nexus, deed, will, inheritance.

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7
Q

Ouster

A

if AP has come onto the land by force then they cannot tack time, Law does not want AP to benefit from wrongful taking.

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8
Q

Two steps of Conveyance

A
  1. Land Sale Contract

2. Closing - the deed becomes the operative document

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9
Q

Land Sale Contract

A
  1. SoF. Must be in writing
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10
Q

Finders

A

secures people in their own possession. Shows ownership. A right by virtue of possession.

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11
Q

Lost

A

rightful owner can’t find it

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12
Q

Misplaced

A

forgotten in a place where rightful owner would know to get it. Owner of premise is entitled to possession except the rightful owner

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13
Q

Abandonment

A

True owner voluntarily relinquished ownership in title and possession. Finder has priority.

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14
Q

Claim of title

A

AP’s hostile claim

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15
Q

Color of title

A

written claim on land that is now defective

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16
Q

Maine Adverse Possession Rule

A

intent to occupy the land must be absolute and hostile

17
Q

Connecticut Adverse Possession Rule

A

if you are on someone’s land and don’t know it should still count

18
Q

Disability Doctrine

A

Statute of limitation will not run against a true owner who is under a disability.

  1. disability must exist at the beginning of adverse possession
  2. do not tack
19
Q

Acquisition by Gift Requirements

A
  1. Intention

2. Delivery - constructive or symbolic

20
Q

Constructive Delivery

A

handing over a key or object that gives access to gift

21
Q

Symbolic Delivery

A

giving something (usually written) declaring a gift

22
Q

Gift Inter Vivos

A

a gift between living persons

23
Q

Gift Causa Mortis & Requirements

A

gift made on account of donor’s impending death

  1. Intent (can be inferred)
  2. Delivery
  3. If donor lives, gift can be revoked
24
Q

Devise

A

transfer of property by will after a person’s death