This class was created by Brainscape user John Connors. Visit their profile to learn more about the creator.
By:
John Connors
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Decks in this class (12)
Property Ownership 1
Definition property,
Real property refers to,
Definition land
54
cards
FORMS OF OWNERSHIP
Sole ownership,
Concurrent ownership,
Estate in severalty
25
cards
UNIT 2: Land-Use Controls
When you've finished reading this unit, you will be able to
identify the various types of public and private controls,
describe how a comprehensive plan influences local real estate development,
summarize key points of the Interstate Land Sales Full Disclosure Act, and
explain the function and characteristics of building codes and zoning ordinances.
21
cards
Property Ownership: LIENS
Lien,
Lienor,
Lienee
13
cards
UNIT 4: Legal Description
identify the 3 methods of describing land,
describe how a survey is prepared,
explain how to read a lot-and-block and a metes-and-bounds description, and
distinguish between the various units of land measurements.
14
cards
UNIT 5: Interests in Real Estate
identify the kinds of limitations on ownership rights that are imposed by governmental action and the form of conveyance of the property,
describe the various estates in land and the rights and limitations they convey,
explain concepts related to encumbrances and water rights, and
distinguish between the various types of governmental powers and how they are exercised.
31
cards
Transfer of Title
Title,
Acknowledgement,
Adverse possession
25
cards
Unit 11: Principles of Real Estate Contracts
When you've finished reading this unit, you will be able to:
Identify the requirements for a valid contract;
Describe the differences among valid, void, voidable, and unenforceable contracts;
Explain how contracts may be discharged; and
Distinguish between express and implied, bilateral and unilateral, executed and executor contracts.
30
cards
UNIT 3: Environmental Issues
Asbestos,
Brownfields,
Carbon monoxide
19
cards
UNIT 6: Landlord & Tenant Interests
Actual eviction,
Assignment,
Constructive eviction
27
cards
UNIT 1: Real Property & the Law
Accession,
Air rights,
Annexation
24
cards
UNIT 8: RE Taxes & Leins
Lien,
Voluntary lien,
Involuntary lien
23
cards
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Real Estate
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