Unit 2: The Nature of Real Property Flashcards

1
Q

Pueblos

A

During Spanish Rule, ownership of all land was held by the crown- The King of Spain

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2
Q

51% of California’s land today is owned by:

A

The Private Sector

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3
Q

When did California become a part of the United States

A

In 1848 with the signing of the Treaty of Guadalupe Hidalgo

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4
Q

Real property is transferred by:

A

A deed

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5
Q

Personal property is transferred by:

A

A bill of sale

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6
Q

Chattel

A

Personal property that is transferred with a bill of sale

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7
Q

Real Property

A

Land
Fixtures (attachments) to the Land
Anything incidental or appurtenant to the land
Anything immovable by law

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8
Q

Appurtenant

A

Runs with the land (easements, rights of way, parking spaces)

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9
Q

Riparian Rights

A

Rights of a property owner bordering a river

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10
Q

Littoral Rights

A

Rights of a property owner bordering a lake

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11
Q

Appropriation

A

Government can collect water and distribute it for public use.

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12
Q

Potable Water

A

Water that is fit for consumption

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13
Q

Fixture Test (MARIA)

A

Method of attachment.
Adaptability- Can you easily use it somewhere else.
Relationship of the parties- Law favors the buyer
Intent in placing the item on the land (most important)
Agreement of the parties

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14
Q

Trade Fixture

A

Personal Property- A fixture used in the course of business.

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15
Q

Meets and Bounds

A

Is used in extremely rural areas where no track map has been recorded. Doesn’t show topography. Will show perimeter.

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16
Q

Rectangular Survey System

A

Section and township system. This system bases description of the land on its distance from a baseline that runs east-west and a meridian that runs north-south from a reference point.

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17
Q

East/West Line

A

Base Lines

18
Q

North/ South Lind

A

Meridian Lines

19
Q

6 miles by 6 miles squares

A

Townships

20
Q

Sections

A

Smaller squares in a township (640 Acres)

21
Q

How many sections are in a township?

A

36

22
Q

Lot and Block System

A

Also called the lot, block, and tract system or subdivision system. Common for suburban or city areas. Each property is assigned its own APN.

23
Q

During the days of Spanish Rule, All land was owned by:

A

The Crown

24
Q

The Treaty of Guadalupe Hildago ended

A

the War with Mexico

25
Q

Real Estate Law, which relies on court decisions as well as legislation, is based on

A

English Common Law

26
Q

Land disputes over the Spanish and Mexican land grants were settled by:

A

The board of land commissioners

27
Q

In California, the term real estate is synonymous with

A

Real Property

28
Q

Real Property is NOT

A

Moveable

29
Q

The sale of real property generally is governed by the laws of

A

The state where the real property is located

30
Q

The sale of personal property generally is governed by the laws of:

A

The state where the owner of the property resides.

31
Q

In California, the Uniform Commercial Code governs sales transactions involving:

A

Bulk sales of goods

32
Q

For real estate to be conveyed, there must be an accurate:

A

description

33
Q

A subdivision map is:

A

A good reference for a legal description.

34
Q

The MOST useful method of describing a subdivision parcel is probably

A

The lot and block system.

35
Q

The rectangular survey system is also called

A

the U.S. government survey system

36
Q

California has how many principal baselines?

A

Three

37
Q

A township consists of how many sections?

A

36

38
Q

A section is

A

640 Acres

39
Q

The land described as the South 1/2 of the North 1/2 of Section 18 contains how many acres?

A

160

40
Q

The point of the beginning is used in

A

the metes and bounds system