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

20
Q

Sections

A

Smaller squares in a township (640 Acres)

21
Q

How many sections are in a township?

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:

24
Q

The Treaty of Guadalupe Hildago ended

A

the War with Mexico

25
Real Estate Law, which relies on court decisions as well as legislation, is based on
English Common Law
26
Land disputes over the Spanish and Mexican land grants were settled by:
The board of land commissioners
27
In California, the term real estate is synonymous with
Real Property
28
Real Property is NOT
Moveable
29
The sale of real property generally is governed by the laws of
The state where the real property is located
30
The sale of personal property generally is governed by the laws of:
The state where the owner of the property resides.
31
In California, the Uniform Commercial Code governs sales transactions involving:
Bulk sales of goods
32
For real estate to be conveyed, there must be an accurate:
description
33
A subdivision map is:
A good reference for a legal description.
34
The MOST useful method of describing a subdivision parcel is probably
The lot and block system.
35
The rectangular survey system is also called
the U.S. government survey system
36
California has how many principal baselines?
Three
37
A township consists of how many sections?
36
38
A section is
640 Acres
39
The land described as the South 1/2 of the North 1/2 of Section 18 contains how many acres?
160
40
The point of the beginning is used in
the metes and bounds system