Bill and Mary own a farm of 80 acres together. Bill wants to sell the property and Mary does not. How might Bill force Mary to sell the farm?
What is with a partition suit?
100
a warranty deed has five covenants. What are those covenants?
What is seizin,
quiet enjoyment,
further assurance,
against encumbrances,
warranty forever?
100
Public restrictions on use of real estate.
What is zoning?
100
What is a lis pendens notice?
What is a notice filed giving public notice that there is a lawsuit affecting the title to a parcel of real estate?
200
Two characteristics of tenancy by the entirety.
What is owners must be married and ownership cannot be severed?
200
What does REIT stand for?
What is Real Estate Investment Trust?
200
This deed makes no promises.
What is quitclaim deed?
200
Private restrictions on use of real estate.
What are restrictive covenants?
200
I adversely possess a parcel of real estate for 12 years and deed it to you. You possess it for 8 years and then claim ownership by adverse possession. What is it called when you do this and add my years to yours to get 20 years?
What is tacking?
300
Does tenancy in common have a right of survivorship?
What is NO?
300
Purpose of a REIT?
What is to allow small investors to share in a large real estate investment?
300
Does filing a partition suit guarantee that the real estate will be sold?
What is NO? Remember the property will be divided between the owners if possible to do that fairly.
300
What type of suit is filed to clear up a cloud on the title of real estate?
What is quiet title suit?
300
I make a trust during my lifetime. What type trust is this?
What is inter vivos trust?
400
How would a sole owner of real estate create a joint tenancy between that person and a new spouse?
What is by deeding the property to a strawperson who would deed it back to the couple as joint tenants?
400
What is the following called: A defect in the chain of title such as a person taking title as James M. Cosgrove and later selling the property and signing the deed as Jim Cosgrove?
What is a cloud on the title?
400
Getting ownership of property by using is for a long period of time.
What is adverse possession?
400
Which is better protection for ownership of real estate, a title policy or attorney's title search?
What is title policy?
400
Why are public records maintained about condition of parcels of real estate?
What is so a purchaser will know what they have to do to have good and marketable title to the property?
500
Why is a strawperson necessary?
What is to create the unities of ownership of a joint tenancy?
500
What does it mean to die intestate?
What is to die without a will?
500
What are the requirements of attaining ownership of real estate by adverse possession?
What is must use the property openly, notoriously, adversely, and continuously for the required period of time, usually 20 years?
500
What are the three indices for recording documents about parcels of real estate?
What are
grantor / grantee index
Torrens system
Tract index?
500
If a life tenant does this the remainder person may be able to get ownership of the property before the life tenant dies?