Save
Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't know
Remaining cards (0)
Know
0:00
share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

N11

TermDefinition
Fee/Simple absolute highest form of ownership. all rights of bundle, forever
Defeasible fee simple ownership lasts as long as terms/condit./uses met. ownership reverted back when terms broken
Life estate ownership interest created for life of a person
Life tenant holder of life estate
Conventional life estate all life estate created by one person for another
Waste deliberate damage to a property/value by life tenant
Estate in reversion interest held by 3rd party. will acquire greater interest in future
Remainder man person who holds interest in estate in remainder
Tenancy pur autre vie for the life of another, can will property
Demise lease (leasehold estate)
Lessor landlord
Lessee tenant
Estate(tenancy) for years rent paid for specified/definite period
Estate from period to period fixed term lease/ indefinite duration
Estate at will lessor gives permission to lessee to use property
Estate at sufferance lease is expired, tenant holding over wrongfully
Holdover tenancy tenant remaining on property after lease void
Gross lease rent = fixed. owner pays property expenses
Net lease tenant pays everything except mortgage
Percentage lease base rent + % of sales
Ground lease long term lease for land
Sale leaseback owner sells to investor, leases from investor
Graduated lease escalator clause in rent
Index lease rent based on index (consumer price index) up/down
Lease-option lease with option to buy/release
Sandwich lease lease w/ sub lease
Anchor lease lease with major tenants (Macys, Target)
Proprietary lease lease in co-op tenant rents unit = personal property
Condemnation clause eminent domain cancels lease
Actual eviction tenant fails to perform obligation, sues for possession
Ejectment legal proceeding to regain property
Forcible entry&detainer action ejectment
Constructive eviction landlord fails to performs obligations, tenant can terminate lease sue for damages
Quiet enjoyment use of property without interference by lessor or others claiming superior title
Trade fixtures tenants personal property used in operation of tenants business. must remove by end of lease of belongs to lessor
Created by: bronny
 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards