This class was created by Brainscape user Sally Khalil. Visit their profile to learn more about the creator.

Decks in this class (18)

Essentials
Mortgagor,
Mortgagee,
Grantor vendor
7  cards
Statute of Fruads
Statute of frauds,
What are the types of oral contra...,
Is there writing sufficient
9  cards
Contract Modifications and Recissions
Oral modification,
Universal minority rule,
Minority rule
3  cards
Contract Clauses
Time of essence clauses tote,
Subject to financing clauses,
Acceleration clauses
4  cards
Executory Period
Buyers responsibilities when ente...,
2 types of breaches,
Seller s responsibilities when en...
13  cards
Settlement Day
Tender,
Black letter law for tender,
3 reasons why the seller does not...
9  cards
Mortgages
What is a mortgage,
What are the 2 documents associat...,
What are the 2 theories of mortga...
11  cards
Mortgage After Tender
Default,
Equity of redemption period,
What is a foreclosure
10  cards
Transfers
Transfers,
Transfer by the mortgagor,
Type 1 transfer by mortgagor
5  cards
Mortgage Priorities
What are the priorities regarding...,
Senior mortgage,
Junior mortgage
5  cards
The Deed
Deed,
4 elements of deed,
2 types of ambiguity in deeds
7  cards
Deed Pt 2: Escrow
What is escrow,
Why does a deed get put in escrow,
The relation back doctrine
5  cards
Easements
What is an easement,
2 types of easements,
1 appurtenant easement
12  cards
Other Interests
Escheat,
Profits,
License
3  cards
Covenants and Servitudes
Real covenants,
4 elements for real covenants to ...,
Remedy for real covenants
10  cards
Chain of Title
Wild deeds
1  cards
Recording System
What is the purpose of recording,
Who is protected by the recording...,
Who is not protected by recording...
7  cards
Methods of Title assurance
What is title assurance,
2 forms of title assurance,
Remedies in a deed
9  cards

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Property 2

  • Class purpose General learning

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