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47 Cards in this Set
- Front
- Back
fee simple absolute
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to X (and his heirs)
fully vested, devisable, alienable, subject to RAP |
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fee simple determinable
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automatically reverts to grantor upon happening of stated event (so long as, until, while, during) --> possibility of reverter (only in grantor)
- fully vested, not subject to RAP |
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possibility of reverter
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interest goes automatically back to grantor when prior estate ends due to a specified occurrence. exists only with a fee simple determinable (so long as, until, while, during)
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fee simple subject to condition subsequent
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grantor may reenter land upon happening of specified event (but if, provided that). requires affirmative act by grantor to divest existing interest.
--> fully vested, not subject to RAP |
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right of entry
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power of termination reserved in grantor in FSSCS (if created in 3d party, executory interest)
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fee simple subject to executory limitation
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estate passes to 3d party when specified event occurs (but if, then to 3d party)
--> not vested unless event occurs. subject to RAP |
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shifting/springing executory interests
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shifting: divests another devisee/grantee (prior estate)
springing: divests the grantor's reversion --> always contingent, subject to RAP |
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life estate
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to X for life of X (per autre vie = other person's life). alienable. pay interest/taxes (to limit of profits/rents - if none, don't have to pay). remaindermen have CoA for waste. open mines doctrine - can't take minerals/natural stuff if not open mine when LE begins. harvesting crops is not waste.
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merger
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to X for life and then to X's heirs merges into a FSA.
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remainders
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express future grant to 3d party. posessory at the expiration of the prior estate.
vested: unconditional grant in ascertainable, existing person. right against prior estate for waste, taxes, interest. contingent: condition precedent or unborn/unascertainable person RAP applies; no action for waste if R dies before vesting, heirs take nothing. if contingency fails, revert to grantor. |
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class gift
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gift to specified group (subject to open/partial divestment).
class closes (vests) when any member eligible to take. not subject to RAP once vested. |
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doctrine of worthier title
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remainder in grantor's heirs --> reversion to grantor. only applies to inter vivos transfers
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shelley's case
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life estate w/ remainder in heirs is a fee simple (merger)
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rule against perpetuities
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an interest must vest, if it shall vest at all, within a life in being + 21 years.
- if fails RAP, that interest is stricken and go to remaindermen - look for contingent remainders that won't vest in time; class gifts to classes not ascertainable |
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joint tenancies
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4 unities of title: time, title, interest, possession. created express or w/ "right of survivorship".
JTs can transfer partial interest to a 3d party (takes as TIC) and keep the rest as JTs |
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tenancies in common
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default estate. unity of possession. freely transferable. each TIC has full right to possession of entire estate. no right of survivorship.
NO AP against TIC unless affirmative acts constitute ouster! can ask for accounting for rents/profits from 3d parties may exercise sole control over land as long as doesn't attempt to transfer any interest or otherwise engage in any tortious act w/ regard to cotenant |
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tenancies by the entirety
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H and W only. unity of time, title, interest, possession and person. no transfer w/out consent of both spouses. TIC at divorce.
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contribution
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joint/TIC can get contribution for repairs (but not improvements), mortgage, taxes.
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partition
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judicial proceeding to separate joint interests. physical partition or partition by sale. courts favor physical if possible.
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leaseholds
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tenancy by years: for any specified period of time
periodic (measured by how often rent is paid) - must give notice one rent period prior (but for 1 yr, 6 mos is sufficient) and notice to vacate have date at the end of rental period tenancy at will: can be terminated by either party with no notice. payment of rent converts to periodic sufferance/holdover: LL can impose new periodic tenancy and raise rent if told T prior to end of prior lease period |
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tenant's duties
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pay rent (unless LL release, condemnation 100%, constructive eviction), all repairs except wear and tear if expressed in lease
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LL's covenant of quiet enjoyment
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implied. LL will not interfere w/ T's enjoyment of the proeprty. applies to all tenancies. only enforceable against LL - LL warrants that no one will come along w/ superior title and oust T and that LL will not disturb T's use of land (can only get for crappy neighbors if LL actually has a duty to do something about crappy neighbors)
- total eviction: no more rent due, T must actually vacate in reasonable time - partial eviction: rent pro-rated for part still usable |
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implied warranty of habitability
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applies to residential tenancies only. violation of housing codes establishes prima facie case.
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LL tort liability
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no common law duty; duty for known hidden defects (to disclose to T); common passages; negligent repairs; public use; exception for furnished rental
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fixture
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whether removable turns on intent to make it permanently part of structure & ease of removal
trade fixtures always removable UCC 9 fixture filing - 20 days and gets priority over the PMM. if not timely, jr to primary mortgage |
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types of easements
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appurtenant: need dominant/servient estates
gross: only servient estate (not transferable unless commercial) affirmative: right to use land holder must repair negative: prevents servient estate from doing something scope of easement = uses envisioned by parties at time created. if use outside of scope, can get injunction against use. |
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creation of an easement
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1. express (SoF)
2. implication (use by common grantor prior to severance of servient estate w/ necessity) 3. necessity (landlocked servient estate - servient estate owner can select location) 4. prescription: adverse possession (*need not have EXCLUSIVE use - OCANS) |
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transfer of an easement
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goes w/ dominant estate and binding on subsequent BFPs of servient estate if:
1. notice (constructive, actual, inquiry) 2. intent 3. touches & concerns the land appurtenant is freely alienable gross only if commercial |
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license
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right to simply use land. created when an attempt to create an easement fails. freely revocable. personal. not alienable.
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termination of an easement
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1. release
2. merger (dominant/servient estates owned by one owner). no revival 3. condemnation 4. destruction 5. end of necessity 6. prescription 7. abandonment with affirmative act showing intent to abandon (build fence) or reliance |
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profits
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right to go on land to extract something w/ implied easement.
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covenants
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affirmative/negative. promise enforced at law.
enforceable against subsequent BFPs if notice (actual, implied, constructive), runs with land, privity of estate OR contract. |
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equitable servitude
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affirmative or negative promise enforced at equity.
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reciprocal negative equitable servitude
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common plan, intent, notice. can enforce against any other landholders in common development.
defenses: unclean hands, acquiescence, changed circumstances (but must affect all land), laches, estoppel |
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lateral/subjacent support
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right to support for unimproved land. need to show negligence for damage to structures.
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flowing/underground water rights
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1. riparian: any domestic use takes priority over non-domestice use
2. prior appropriation (western states): first to use for beneficial purpose has priority up to certain amount (alienable interest) |
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surface water doctrines
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1. natural flow - no interference
2. common enemy - okay to do anything to deal with flowing/runoff water |
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land sale contract - doctrine of equitable conversion
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contract creates transfer. buyer responsible for any destruction of subject matter after K is signed.
applies until closing - extinguishes and only deed enforceable after closing SoF: 1) describe property 2) signed by party to be charged 3) sales price |
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doctrine of part performance in land sale Ks
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if doesn't satisfy SoF, can still get specific performance if:
1) buyer takes action that clearly demonstrates there was a K: takes possession, makes investments in land to detriment 2) reliance - investments to detriment |
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marketable title
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implied in land sale K. due at closing. minor defects okay. reasonable buyer standard.
right to sue for marketable title only exists until closing - extinguished by deed |
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deed formalities
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execution (SoF; description, signed)
delivery (intent of seller - do not have to physically deliver but must demonstrate intent) buyer does not have to accept delivery (can leave deed w/ buyer) |
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covenants of title
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at closing (sue on land sale K):
1) seisen 2) right to convey 3) warranty no encumbrances other than those disclosed after closing (can sue on deed) 1) CQE 2) if general warranty deed can sue back up the line if encumbrances 3) if special warranty deed, can only sue the immediate grantor |
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recording statutes
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race: first to record prevails over any BFP for value (no notice necessary)
race-notice: protects BFP for value w/out notice (actual, implied, constructive) who records first pure notice: protects BFP who takes w/out notice (but note that recording = constructive notice) |
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mortgages
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grantee not personally liable unless assumes
right of redemption until FC acceleration clause (invalid in original deed, but can be put in during re-fi) |
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adverse possession
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OCEANS = open, continuous, exclusive, adverse, notorious, statutory period
no AP against co-tenants unless ouster AP of easements doesn't require exclusive possession tacking by AP-ers is okay. tacking against owners is okay. |
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establishing a boundary by agreement
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1) owners of adjacent parcels uncertain or unaware of true boundary can establish boundary by agreement
2) not a transfer of property, so not subject to SoF 3) there must be an actual taking/relinquishing of possession (like building a fence) |
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defenses to attempt to enforce reciprocal negative equitable servitude
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unclean hands, acquiescence, changed circumstances (but must affect all land), laches, estoppel
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