Real Estate Ownership – Property Rights, Title, Tenancy & Key Concepts – Study Guide

Real
Real Estate Ownership Estate Rights, Title, Tenancy & Key Concepts Study Guide
Property
Study this set o nline at: https://www.cram.co m/flashcards/real-estate-5941982




Title Bundl e of Ri ghts




Deed T ransf ers real property ri ghts




Physi cal Characteri sti cs Land Unmovabl e, i ndestructi bl e, uni que




E conomi c Characteri sti cs Land Locati on, Scarci ty, I mprovabl e




1

, Real
Real Estate Ownership Estate Rights, Title, Tenancy & Key Concepts Study Guide
Property
Study this set o nline at: https://www.cram.co m/flashcards/real-estate-5941982




Ri ght, pri vi l ege, or i mprovement
Appurtenance
Runs wi th the Land




E asi l y movabl e
Personal Property
Chattel
"Not real property"
Bi l l of sal e




Severance F rom real to personal property




F i xture Goi ng f rom personal to real property




2

, Real
Real Estate Ownership Estate Rights, Title, Tenancy & Key Concepts Study Guide
Property
Study this set o nline at: https://www.cram.co m/flashcards/real-estate-5941982




T axati on
Pol i ce Power
Govt. Ri ghts i n Property
E mi nent D omai n
E scheat




F reehol d E states - Ownershi p
Pri vate Ri ghts i n Real Property
Leasehol d E states - Leasi ng




F ee Si mpl e - Maxi mum Ri ghts of Ownershi p
F reehol d E states
D ef easi bl e F ee - D eeded w/ condi ti ons. I nheri tabl e.




Vari ance D i f f erent than zoni ng




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