Unit-1A Property Government Rights (KeyTerms) Flashcards
Accretion
The increase of land due to natural causes.
Affidavit of Affixture
A document used to make mobile manufactured home real property.
Appurtenance
The rights and improvements that are attached to the land and transferred with the land unless reserved or excepted on the deed. Appurtenances may be corporal or in corporal .
Bill of Sale
An instrument of writing that transfers ownership of tangible personal property, e.g. furniture.
Bundle of rights
Legal rights conferred to owners of real property, including the rights of disposition, exclusion, enjoyment possession control.
Condemnation
The act or process of taking private property for public use through the government power of eminent domain
Conversion
The process of changing real property to personal property or personal property to real property
Corporeal
Improvement such as buildings, fences trees, sidewalks, and perennial plants( fructus naturales -fruit of nature)
Dedication
The donation of real estate to a government for a public purpose
Deed
A written instrument transferring the grantor’s ownership of or interest in real property
Emblements
Farm crops that require annual cultivation which may be removed by a tenant farmer if the owner sells land considered to be personal property and so emblements are transferred through a bill of sale. Also called Fructus industriales
Eminent domain
The power or right of governmental bodies to take private real estate for public use upon payment of Justin equitable compensation to the owner. The legal process of taking the property is called condemnation or appropriation.
Erosion (Avulsion)
The gradual loss of soil due to natural causes such as the movement of wind or water
Escheat
The reversion of property to the state after a person dies without leaving a valid will or any heirs.
Fixture
A man-made attachment, an item of personal property that has been attached to or closely associated with real property in such a way that it is now legally part of the real property.
Fixture
A man-made attachment, an item of personal property that has been attached to or closely associated with real property in such a way that it is now legally part of the real property.
Grantee
A person receiving a grant of real property from the grantor.
Hereditament
The right to transfer ownership to heirs.
Heterogeneity
Meaning, no to parcels of land are the same or non-homogeneous, uniqueness
Personal property (chattel, personally)
Movable property that is not attached to the land. tangible personalty are objects such as potted plants, furniture, automobiles, and documents
Police power
The right to enact and enforce laws for the health, safety and welfare of the public examples include zoning, laws, health codes, and building codes
Real property (real estate)
The land, everything attached to it and the rights that accompany it
Real property (real estate)
The land, everything attached to it and the rights that accompany it
Riparian Rights
Water rights of land owners, whose land abuts a natural body of water, such as a stream or river no permit is required to use the water, not recognized in Arizona
Taxation
The government right to raise money to pay for the cost of services and functions of the government
Tenement
Everything of a permanent nature associated with land in ordinary, transferred with the land tents are both tangible (e.g. buildings )and intangible, (e.g. air rights)
Tangible
Real objects of property that can be touched.