Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


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.
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

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


RE Legal Unit 03Terms

interest Various rights, privileges, powers, and immunities with respect to real property
possessory interest Present right to physically occupy land and to exclude others from that same land
present interest Interest in land that can be exercised by the owner today
future interest Interest that cannot be exercised today, but which might be exercised in the future
estate The quantity, quality, degree, and nature of a person’s interest in real property that may become possessory
freehold estate Estate with indefinite duration or that is measured by the length of someone’s life
nonfreehold estate Estate with a fixed or determinable duration
fee simple absolute Freehold estate that includes all rights to sell, exclude others, finance, and do any other thing with real property allowed by law
fee simple determinable Freehold estate with present possessory interest in a grantee with a reversionary interest in the grantor
life estate Freehold interest that allows the owner to live on a parcel until death, but that cannot be bequeathed via a will
periodic tenancy Leasehold interest for an indefinite period of time
tenancy for years Leasehold interest with a fixed term and definite end date
encumbrance Interest in real property that is held by someone who is not the owner
financial encumbrances Encumbrance that affects title to property
judgment creditor Party to a lawsuit who obtains a money judgment against the other party
abstract of judgment One-page, recordable document that contains information about a court judgment
writ of execution Document directing the sheriff to commence a lien-sale of a parcel of real property
non-financial encumbrance Encumbrance that affects the physical use or condition of the property
easement Interest for use owned by one person in the land of another person
dominant tenement Land benefiting from an easement
servient tenement Land burdened by an easement
license Permissive use of land that is freely revocable by the grantor
appurtenant easement Easement that “runs with the land
easement in gross Easement that is a personal right of one person to use land owned by another
profit-à-prendre Right to enter another’s land to remove soil, substances of the soil, or other resource
CC&Rs Rules and regulations established for a parcel of land and accepted by the owner when the property is purchased or transferred
covenant Promise that a certain act will, or will not, be performed
condition Limitation imposed by a grantor in a deed that can cause the ownership of the property to revert to the grantor who imposes the condition if the condition is not satisfied
homestead property Home, occupied by a family, exempt from the claims of unsecured creditors
Declaration of Homestead Recorded notice to protect the equity in a home from forced sale by unsecured creditors
Created by: julietmongia