Unit 2: Real Property and the Law Flashcards

1
Q

Real estate is defined as land ______ that are attached to the land

A

appurtenances

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2
Q

_____ include improvements, rights, interest, fixtures, and privileges. They are attached to and transfer or run with the land

A

Appurtenances

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3
Q

True/false real estate is immovable

A

true

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4
Q

when a property is sold, the land and all appetences automatically transfer to the new owner, via a ____

A

deed

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5
Q

land rights include surface rights, _____ rights, and _____ rights

A

subsurface, air

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6
Q

3 forms of rights

A

land rights, ownership rights, government rights

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7
Q

ownership rights, such as the right of an owner to ____, ____, and control the property

A

possess, transfer

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8
Q

______ right include land use controls, taxation, eminent domain, and escheat

A

government

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9
Q

____ ___: rights extend as high as can be legally used. Government controls air space above

A

air rights

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10
Q

___ rights: right of water use

A

water

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11
Q

_____: land abutting flowing water

A

riparian (R = river) (abutting means next to or within the same boundary)

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12
Q

_____ : land abutting standing water

A

Littoral (L = lake)

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13
Q

water rights automatically include the right of waterfront access to the water source. (true or false)

A

false - they do not automatically include the right of waterfront access to the water source. irrigation channels and ditches distribute water from the source

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14
Q

An off-waterfront owner of a water right does/does not have the right to cross another’s property to access the water source. They could/couldn’t obtain the right to access from the waterfront owner via an easement

A

does not, could

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15
Q

gradual addition to land through natural causes

A

accretion

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16
Q

gradual wearing away of the land by natural forces

17
Q

sudden loss of land by an act of nature

18
Q

the property line (is/is not) generally maintained if the land is no longer there

19
Q

in states where water is scarce, ownership and use of water are /are not determined by the doctrine of prior appropriation. The right to use water is controlled by the state rather than by the landowner adjacent to the water

20
Q

landowner must demonstrate a state agency the owner’s plans are beneficial use, such as crop irrigation. The priority of water rights is usually determined by the (oldest/newest) recorded permit date

21
Q

____ are transferred when property is sold unless reserved by the seller, may be leased or sold separately from the land, and may be held by a third party

22
Q

real estate is transferred by a _____

23
Q

an item of property other than real estate

A

chattel (personal property)

24
Q

_____ property: is moveable, is not attached permanently to the land, and must be included in the purchase contract to transfer with the property

25
personal property is transferred by a ___ of ____
bill of sale
26
an object that was once personal property that has been attached to an improvement so as to become real property
fixture
27
true/false: land is never a fixture
true
28
once a ___ (personal property) is attached, it becomes an appurtenance and is automatically transferred by the ____
fixture, deed
29
personal property vs fixture: Intent is evidenced by the following (3)
attachment, adaption, agreement
30
personal property vs fixture: attachment: 1. _____ of method, 2. ___-__ = fixture, 3. ___standing = personal property
permanence, built-in, free
31
personal property vs fixture: ______ : 1. specific to individual property. Examples: house keys, garage door openers
adaption
32
personal property vs fixture: _____: 1. the written contract is the final decision on what will be conveyed. 2. Fixtures must be excluded from the purchase contract if the seller is not going to convey
agreement
33
____ and ____ _____ are exceptions for personal property
emblements, trade fixtures
34
_____: annually cultivated crops. Belong to the party who planted them, unless otherwise agreed
emblements
35
______ ______: owner or tenant-installed additions that are a necessary part of their trade or business
trade fixture
36
Tenant may remove ___ ____ before lease termination. If not removed by lease termination, the ___ ____ belong to the landlord. sale of a business property does not automatically include these.
trade fixtures
37
If ___ ___ or ____ are transferred, they will not be transferred via a deed, they will be transferred by a bill of sale
trade fixtures, emblements