Barney Fletcher online course Questions And
Answers
Condominium ownership Individual fee ownership of portion of a building that has other
similar units
Consideration Something of value given in return for the act or promise of another,an
essential element of a contract
Constructive notice Recording of documents in the public records
Cooperative ownership Ownership in which individuals have share in stock in corporation
that has title to property
Deed in lieu of foreclosure Voluntary act by borrower and lender called a friendly
foreclosure
Deed of trust Used instead of a mortgage in some states
Deed restriction A clause in deed limiting future use of property
, Barney Fletcher online course Questions And
Answers
Decent and distribution (Intestate succession) method for distributing assets of a deceased
persons estate or will
Dominant Estate Owner of land that has right to use appurtenant easement
Dower and curtesy Right or interest that one spouse has in he property of another
Downzoning Change in zoning from higher more profitable to lower less profitable
Easements A specified and limited right or privilege to use another's property
Eminent domain The right of the government to acquire private property for public use
Encroachment Unauthorized invasion or intrusion on another property
Equitable lien Arises out of agreement, property can be used to secure a debt or obligation
Answers
Condominium ownership Individual fee ownership of portion of a building that has other
similar units
Consideration Something of value given in return for the act or promise of another,an
essential element of a contract
Constructive notice Recording of documents in the public records
Cooperative ownership Ownership in which individuals have share in stock in corporation
that has title to property
Deed in lieu of foreclosure Voluntary act by borrower and lender called a friendly
foreclosure
Deed of trust Used instead of a mortgage in some states
Deed restriction A clause in deed limiting future use of property
, Barney Fletcher online course Questions And
Answers
Decent and distribution (Intestate succession) method for distributing assets of a deceased
persons estate or will
Dominant Estate Owner of land that has right to use appurtenant easement
Dower and curtesy Right or interest that one spouse has in he property of another
Downzoning Change in zoning from higher more profitable to lower less profitable
Easements A specified and limited right or privilege to use another's property
Eminent domain The right of the government to acquire private property for public use
Encroachment Unauthorized invasion or intrusion on another property
Equitable lien Arises out of agreement, property can be used to secure a debt or obligation
