Real Estate
🇬🇧
In Inglés
In Inglés
Practique preguntas conocidas
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Real Estate - Marcador
Real Estate - Detalles
Niveles:
Preguntas:
30 preguntas
| 🇬🇧 | 🇬🇧 |
| Quid Pro Quo | You scratch my back I scratch yours |
| Housing and Community Development Act | 1974 - Sex Gender Bias |
| Jones vs Mayer | 1968 - 13th amendment, prohibits all racial discrimination |
| Federal Fair Housing | 1968 - Race, Color, Religion, & National Orgin |
| Fair Housing Amendment Act | 1988 - Handicaps - AIDS, alcoholics, speech, hearing, sight, familial status |
| Abstract title | Lists all activity on title since the root. |
| Patent | Original Conveyance of Title from the GOVERNMENT to an individual |
| Dedication of Title | Private Citizen giving realty to Government |
| Vacation of Title | Government giving realty back to private citizen |
| GrantEE | Person receiving realty, not necessarily a buyer. |
| Granting Clause | Defines extent of estate being granted. Fee simple or a lesser interest. (the amount of interest) |
| Consideration | Money or other valuable things. $$$$$$ |
| Items needed for deed to be Valid. | Grantor, Grantee (real person), granting clause, how title was taken, consideration, exceptions/restrictions, legal address/description, & grantors signature. |
| Riparian Rights | River or Stream rights |
| Littoral Rights | Lake or ocean rights |
| Estovers | Right of tenant to use wood of owner in a lease situation |
| Waste | Lessor or life estate holder fails to keep realty in the same condition it was received in. |
| Adverse Possession | Acquisition of property by CONTINUOUS, ACTUAL, OPEN, and NOTORIOUS use of the land of another with or without their permission for an extended period of time. |
| Emblements | Fruit of the crop. Regarded as personal property. AKA you sell your land, but planted crops you have rights to the 1st harvest of those crops. |
| Allodial Land System | Use it or Lose it. Real property law where individuals can hold clear title to property and have full ownership of rights. |
| Tacking | Combining successive periods of continuous use or occupation of property to establish adverse possession or a prescriptive easement. |
| Encumbrances | Anything that effects value of realty including a lien. |
| Fixture | Personal property that has been attached to realty in a permanent way |
| Tangible or Corporeal | Visual value of realty, something you can touch. Ex: a house |
| License. | Privilege to be on someones property. Can be canceled by owner at anytime, privilege attaches to the person NOT the realty. |
| Survey | Process where boundaries are determined for a plot of land, including easements and encroachments. |
| Reversionary Interest Life Estate | GrantOR gets realty back when GrantEE dies. |
| What is APR? | True annual interest rates. |