Real Estate Principals lesson 2
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| show | adverse possession,operation of law,accession,will,intestate,deed
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| show | instrument used to transfer real property
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| cloud of title | show 🗑
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| show | convey or transfer
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| what is the opposite of alienation? | show 🗑
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| show | acquiring title by open use of property
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| when does adverse possession take place? | show 🗑
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| show | quiet title action
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| show | a court suit to remove cloud on title and fix it
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| show | title to real property cannot be acquired by an individual by escheat
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| eminent doamin | show 🗑
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| show | an individual
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| taxation | show 🗑
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| police power | show 🗑
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| show | acquisition of a property by its being added to other property
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| show | accretion
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| show | process of gradual or imperceptible additions to land bordering a river or stream
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| show | sudden violent tearing away of land (when damn gives away)
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| testate | show 🗑
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| show | not having a will
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| devise | show 🗑
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| show | personal property through will (money)
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| show | personal property through will
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| legatee | show 🗑
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| show | entirely written
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| probate | show 🗑
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| show | court approved sale of property at an auction or private sale
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| show | court
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| show | when a person dies without a will his heirs inherit
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| show | 1/2 spouse,1/2 child 1/3 spouse, 2/3 children
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| show | once
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| patent? | show 🗑
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| show | used when real property is sold and contains the word "grant"
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| how many warranties does a grant deed carry? | show 🗑
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| encumbrance | show 🗑
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| show | granter hasn't already convey title to another and the estate is free of undisclosed encumbrances
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| show | relinquishes any interest of property, without covenants or warranties
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| show | to provide evidence of change in title or transfer of interest in real property
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| show | must be capable of receiving (legal or natural person)
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| show | corporation
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| a deed must have adequate desrption | show 🗑
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| action clause (granting clause) | show 🗑
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| is a witness mark (an x) acceptable when signing a deed | show 🗑
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| show | when signed
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| when is a deed effective? | show 🗑
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| how must the accepted deed be delivered | show 🗑
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| show | there must be unconditional acceptance by the grantee for the deed to be effective
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| show | your acknowledgement
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| acknowledgement | show 🗑
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| show | when the notary doesn't have any personal interest in the property
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| what documents have to be recorded to be effective | show 🗑
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| constructive notice | show 🗑
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| show | recording over non recorded, possession over recorded
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| priority of trust deeds and mortagages | show 🗑
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| show | governmental liens have priority over all other liens
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| show | the address where taxes can be sent
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| how are deeds indexed | show 🗑
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| non-money encumbrance | show 🗑
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| easment | show 🗑
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| dominant tenant | show 🗑
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| servienant tenant | show 🗑
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| when does one acquire easment by prescrpition | show 🗑
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| does owner have to pay property tax when land is acquired by prescription | show 🗑
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| dedication | show 🗑
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| show | by quitclaim deed signed by dominant tenant
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| show | one person becomes owner of both
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| an easement is terminated if not used for 5 years | show 🗑
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| destruction of servient tenant | show 🗑
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| show | using an easement for purposes not specified terminates easement
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| appurtenant easement | show 🗑
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| show | easement for utilities
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| is there a dominant tenant in a easement in gross? | show 🗑
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| show | restrictions created by grantor and not by zoning
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| is a private restriction a lien | show 🗑
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| show | a promise
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| show | a condition to continued ownership
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| what happens when a covenant is broken | show 🗑
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| what happens when a condition is broken | show 🗑
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| C.C.&R.'s | show 🗑
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| Race restrictions | show 🗑
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| public restriction | show 🗑
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| show | for the health,safety,moral, and general welfare of the public
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| show | the more restrictive of the two is enforced
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| show | petition for variance if one parcel is invloved
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| M-1 | show 🗑
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| show | multiple family residentail
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| show | changing a commercial zone to a residential zone
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| encroachment | show 🗑
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| how long does an owner have to remove an encroachment | show 🗑
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| how does a owner get an encroachment removed | show 🗑
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