RE Prep

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Legal Aspects - Property: Rights ir intrests in the thing owned.
Leagal Aspects - Property Real Property: Immovable
Barring Wall
Not Lease Hold Estate
Leagal Aspects - Property Fixtures: Incorporated into land
Not Cost
Not time of attatchment
Leagal Aspects - Property Fixtures - Trade Fixtures: Business Office
Leagal Aspects - Property Run with the Land: Easements, water company, stocks, covienance, minerals

No seperate covinance
Leagal Aspects - Property Personal Property: Hypothacated, alienated, become real propery
Leagal Aspects - Estates Fee Simple Estate (Fee Estate): Indefinate Duration
Freehold Estate
Most Intrest
Not Free of Encumburances
Inheretance
Leagal Aspects - Estates Fee Simple Defeasible: No Alcohol

(church)
Leagal Aspects - Estates Life Estate, Property of Leased: Owner dies, lease terminates
Leagal Aspects - Estates Less-Than-Freehold Estates (Leases): Lessees
Not necessary to sign
6 months - estate for years
Personal property, chatel real
Leagal Aspects - Estates Less-Than-Freehold Estate (Leases) Sublease: Transfers pocession
Can sublease or assign if not mention
Leagal Aspects - Estates Less-Than-Freehold Estate (Leases) Quiet Enjoyment: Paramount Title
Leagal Aspects - Estates Less-Than-Freehold Estate (Leases) Abandonment: Tenant leave voluntarily
Leagal Aspects - Estates Less-Than-Freehold Estate (Leases) Percent lease: Based on gross reciepts
Leagal Aspects - Estates Less-Than-Freehold Estate (Leases) Security Deposits: Furnished or Not
Leagal Aspects - Estates Less-Than-Freehold Estate (Leases) Estate for years: fixed period
Leagal Aspects - Estates Less-Than-Freehold Estate (Leases) License: personal, revokable
Leagal Aspects - Title Vesting: Tenancy = method
Leagal Aspects - Title Vesting Severalty: individual; sole ownership
Leagal Aspects - Title Vesting Joint Tenancy (TTIP): Equal interest
One title
Cannot Will
Free of unsecured debts
Leagal Aspects - Title Vesting Tennacy in Common: Can convey seperatley
Unity of posession
Leagal Aspects - Title Vesting Community property: Husband & Wife
Leagal Aspects - Title Vesting Community propery Agreement to sell: Unenforceable

(sales contract)
Leagal Aspects - Transfer of Title Cloud on Title: Single woman married
Leagal Aspects - Transfer on Title Quiet Title Action: remove a cloud
Leagal Aspects - Transfer on Title Alienation: Opposite of acquisition
Convey
Leagal Aspects - Transfer on Title Eminent Domain: For public use, taken by the government
Individuals dont have
Owner must be paid just compensation
Leagal Aspects - Transfer on Title Police Power: zoning
Leagal Aspects - Transfer on Title Escheat: Individual cant use
Leagal Aspects - Transfer on Title Accretion: natural causes
Leagal Aspects - Transfer on Title Avulsion: Dam braeks
Leagal Aspects - Transfer on Title Probate Sale - Commision -: Set by court
Leagal Aspects - Transfer on Title Intestate succession: no will (no heirs)
Leagal Aspects - Deeds Purpose: Transfer Intrest
Leagal Aspects - Deeds Grant Deed: Executed when signed by grantor
Not neccessary to be recorded
Leagal Aspects - Deeds Quitclaim Deed: Conveys rights of grantor
No covenience - covenance?????
Leagal Aspects - Deeds Deed Essentials: Granting clause
Legal compitance of grantor
Not acknowleged
Delivered and accepted
Leagal Aspects - Recording Constructive Notice: Given by recording
First to process or record gets property
Leagal Aspects - Recording Acknowledgement: Employee with out intrest
Emcumbrances: Limits Title
Encumbrances - Easements: Encumbered
Encumbrances - Easements Prescriptive Easements: No confrition with owner
Can easily be terminated for non use
Encumbrances - Easements Termination of Easements: Dominant tenant records quitclaim deed

??? Spelling
Encumbrances - Easements Appurtenant Easements: Buyer has same rights
Encumbrances - Easements Confirmed by: Quiet title suit
Encumbrances - Restrictions: Most restricted restriction restricts
Encumbrances - Restrictions Private Restrictions: Fifteen thousand sq ft (15000 sqft)
Grantor or developer
Encumbrances - Restrictions Private Restrictions Condition: Penalties are more severe

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Deck Info

Number of cards 48