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14 Cards in this Set

  • Front
  • Back

What is included in the legal concept of land?

The surface of the earth and all natural things permanently attached to the earth.

What’s an example of intangible property?

Stock

What is an emblement?

A plant or crop that is considered personal property

Which level of government controls zoning laws?

County and local

Encumbrances and police power are?

Interests that do not include possession

Death of an owner, life estate passes to?

The original owner or other names person

Illustration of the legal concept of elective share?

A widow excluded from will makes a claim of couples principle residence

Tenant paying rent after lease expired and landlord excepting it is an example of?

Estate from period to period

Essential parties in an estate in trust

Trustor, trustee, and beneficiary

Who owns property in time share estate

Tenants in common or by a freehold owner who leases in a time share basis

True about a cooperative

Cooperative may hold owner liable for unpaid operating expenses of other owners

If property A has an easement on property B, Property A is what?

Dominant tenement

Purpose of a convenant clause in a deed of conveyance is

State the grantors assurance or warrant to the grantee that a certain condition or fact concerning the property is true

How many acres in S 1/2 of the NW 1/4 of section 3?

80 Acres