AGEC 3713 WEEK ONE EXAM QUESTIONS
WITH 100% VERIFIED CORRECT
ANSWERS!!
What is an Easement
right to make limited use, but not possess, the right of another
what are the different types of easements
negative, appurtenant, in gross
Negative easement
right to limit another's use of their land
appurtenant easement
attached to the land
In gross easement
attached to a personal, recreational, or economic benefit
Dominant estate
estate receiving the benefit of the easement
servient estate
estate that is burdened by the easement
how are easements created
by express grant or reservation
express grant
has to be in writing if it is going to last more than one year, or it's just a license
reservation
, has to be in writing if it is going to last more than one year
what two things do a grant or reservation impy
1. dominant and servant estate had to be owned by same parties
2. there was a strict necessity when the dominant and servant estates were severed
Prescription
the law favors making land accessible and susceptible to economic activity, so it will commonly
grant access to landlocked parcels
adverse possession
party uses an easement for so long that it is recognized as a legal interest
how to terminate an easement
set it for an expressed term of years
execute a release in writing
the necessity for it ends
the servant land is destroyed
merger
property is condemned
what is a license
a revocable right to make limited use of another's property
two ways to create a license
express and implied
what is profit
the right to enter someone else's land and take something with you when you go
how to create a profit
WITH 100% VERIFIED CORRECT
ANSWERS!!
What is an Easement
right to make limited use, but not possess, the right of another
what are the different types of easements
negative, appurtenant, in gross
Negative easement
right to limit another's use of their land
appurtenant easement
attached to the land
In gross easement
attached to a personal, recreational, or economic benefit
Dominant estate
estate receiving the benefit of the easement
servient estate
estate that is burdened by the easement
how are easements created
by express grant or reservation
express grant
has to be in writing if it is going to last more than one year, or it's just a license
reservation
, has to be in writing if it is going to last more than one year
what two things do a grant or reservation impy
1. dominant and servant estate had to be owned by same parties
2. there was a strict necessity when the dominant and servant estates were severed
Prescription
the law favors making land accessible and susceptible to economic activity, so it will commonly
grant access to landlocked parcels
adverse possession
party uses an easement for so long that it is recognized as a legal interest
how to terminate an easement
set it for an expressed term of years
execute a release in writing
the necessity for it ends
the servant land is destroyed
merger
property is condemned
what is a license
a revocable right to make limited use of another's property
two ways to create a license
express and implied
what is profit
the right to enter someone else's land and take something with you when you go
how to create a profit