TX Real Property Flashcards
1
Q
Preamble
A
the CL of property and the TX Tenant and Landlord Act applies. buyers, sellers, owners and renters each have rights, responsibilities and duties under the law. restraints on alienation, destruction of property value, and uncertainty of ownership are disfavored.
2
Q
Tenants Remedies
A
- move out or terminate the lease
- make repairs and deduct
- remain in possession, pay full and seek damages
3
Q
Rights and Duties b/t CO-Tenants
A
- accounting
- contributions
- mortgage
- partition
- convey
4
Q
Landlords Duties
A
- deliver possession of premises
- comply w/ implied covenant of quiet enjoyment
- NO implied warranty of habitability
- NO duty to repair/maintain
5
Q
Rights and Duties of Life Tenant
A
- maintain estate
- pay rent
- pay taxes and interest on mortgage
6
Q
Landlord Remedies
A
- right to terminate
- bring suit for rent due
- evict under TX unlawful detainer
- retake or re-rent property if T abandons it
7
Q
Rights of Tenants In Common (Co-Tenants)
A
- TIC default
- right to partition
- no right of survivorship
- each entitled to possess the whole
- only unity required
- inheritable, alienable, deviseable
8
Q
What is an Assignment
A
- occurs when tenant transfers complete tenancy in a lease to another party
9
Q
What is Joint Tenancy with Right of Survivorship
A
- no CL JT, but RoS can be had by a K
- exact JTWRS language + 4 unities
- unities must all vest at same time are:
a) time
b) title (same instrument)
c) identical interest
d) possession (equal possession)
10
Q
What is an Easement
A
- an interest in land
- that grants someone a right
- to use land the land of another
11
Q
What is a Restrictive Covenant
A
- holder has right to restrict 3P
- in use of 3P’s land
- covenants running w/ land & equitable servitude
12
Q
Req for Rural Homestead
A
- 200 acres for family
- 100 acres for a single
- doesn’t have to be contiguous
13
Q
Req for Urban Homestead
A
- 10 acres for single or family
- must be contiguous
- municipality police, fire, electric, sewer, gas, water, one of these 4
14
Q
Req of Non-Judicial Foreclosure
A
- notice of default
- time to cure is 20 days
- notice of sale next ? if not cured in 21 days
- notice of sale gives time and date
- notice courthouse, filed w/ clerk website or both
- to all debtors by certified mail
- on the first tuesday of the month from 10 am - 4 pm
15
Q
Non-Judicial Foreclosure Procedure (Deed of Trust)?
A
- notice at least 21?
- posting written notice
- county where property is located
- file copy of notice w/ county clerk
- snd notice to debtor by certified mail
- contact info for trustee
- time and place of sale
- county courthouse where property is located
- b/t 10 am - 4 pm
- debtor has until sale to cure