Unit 2-A Encumbrances And Liens Flashcards

1
Q

Adverse possession

A

A statutory method of acquiring title to or acquiring an interest in the property of another.

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2
Q

Conservation easement

A

A legal agreement, whereby property, owner, voluntarily, and permanently permits the use of the land to protect its conservation value.

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3
Q

Convenant

A

In agreement as in a legal contract

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4
Q

Deed restriction

A

Private limitations on the use of property contained in the deed as a means of controlling the quality or character of a subdivision or specific piece of property

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5
Q

Dominant parcel

A

The parcel that benefits from an easement appurtenant.

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6
Q

Easement Appurtenant

A

The right acquired by the owner of one parcel of land to use the adjacent land of another for a specific purpose. There must be two tracts of land. They attacked is called the Serbian attack. That is a burden by the easement burden by the easement.

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7
Q

Easement by necessity

A

An easement given to a landlocked owner by the court system to provide a way of ingress and egress for the landlocked land.

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8
Q

Easement personal

A

A type of license where one party has permission to cross or use another’s property. This permission is not permanent and may be revoked.

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9
Q

Easement and gross

A

The right or interest of a person to benefit from the use of the land holder of the easement is not required to own property adjacent to the serving parcel.

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10
Q

Easements

A

The non-possessory right to use another’s property for a specific purpose. The property owner cannot interfere in the easement holder specific use.

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11
Q

Encroachment

A

Is a physical trespass into someone else’s property either above below or on the surface.

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12
Q

Encumbrance

A

Any claim lien or liability that caused the title to real property, but does not prevent its conveyance

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13
Q

General lien

A

Eileen against all property of a debtor instead of a particular piece of property.

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14
Q

Income tax lien

A

General lean placed by the internal revenue service for nonpayment of income taxes.

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15
Q

Involuntary lien

A

Lin’s place by action of law against a property without the owners consent

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16
Q

Judgment lien

A

court ordered liens

17
Q

Liens

A

A financial encumbrance

18
Q

Prescriptive easement

A

Gaining the right to use another property through adverse long-term use. In Arizona this requires 10 years of adverse use also called easement by prescription.

19
Q

Servient parcel

A

The parcel that is burdened by an easement appurtentant

20
Q

Specific lien

A

A Lien that attaches only to a particular piece of property

21
Q

View easement

A

A negative easement that allows a dominant tenement to prevent the subservient tenement from doing something on the land because it could affect the dominant land. Also called Easeman for light and air.

22
Q

Voluntary lien

A

A lien placed against property with the consent of the owner, such as a mortgage or deed of trust