Forms of Ownership
The default from of property ownership of land, created with a transfer from O to A, is...
What is a fee simple absolute?
the default type of concurrent ownership is called...
What is a tenancy in common?
A right to use land, as opposed to possess land is called...
What is an easement ?
Offer, acceptance, consideration, and an executed documents containing terms are..
What are the basic requirements of a contract?
A deed is a legal instrument that transfers ownership of...
What is Real Property?
So long as signifies that land is being transferred under what regime?
What is a fee simple determinable?
Western states have adopted the property ownership regime called... for married couples?
What is community property?
A landlocked property may acquire a right to use a sleeve of land to access a public road though an easement created by ...
What is necessity?
The statute of frauds requires that a contract be in ...
What is in "writing"?
A deed is valid by the time it is EXECUTED. If you do not record the deed, this does not make the deed...
What is INVALID?
Form of ownership that lasts for the duration of somebody's existence....
What is a life tenancy?
In a tenancy by the entirety, only .... allows for the married couple (or the surviving spouse) to not own the property together anymore.
A judicial decree (divorce and other, i.e. voluntary dissolution of the tenancy by the entirety).
An easement created for the benefit of other landowners then the one adjacent to the burdened/servient estate is called..
What is an easement in gross?
The main duty of a seller at the time of closing is to deliver ...
What is marketable title?
Who is the person most needed for signature of a deed?
Who is the Grantor?
Pursuant to a fee simple determinable, on the occurrence or non-occurrence of an event, the grantor retains a right to ...
What is reversion/reverter?
What is the right to partition?
A developper, splits his lake property in several parcels, all of which are intended to have access to the lake, inadvertently one parcel's boundaries does not include access to the lake, an easement by..... is created
What is an easement by implication?
Because Real Property is unique, this type of remedy may be available to an injured party, often not available in other legal disputes.
What is equitable relief?
What is a general warranty deed?
Common Law established a rule against the possibility of an instrument (will or deed) to vest a future interest past 21 years after the death of a person living at the time of creation of the instrument
What is the rules against perpetuities?
Property inherited is owned as ...
What is tenants in common?
Where there is a servient and dominant estate we are in presence of an easement...
What is an easement appurtenant?
What is equitable title?
What is Real Property Law Section 258?