Term
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Definition
| The right of a state to adopt and enforce laws. |
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Term
| Three Examples of Police Power |
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Definition
1. Restrictive
2. Zoning Laws
3. Building Codes |
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Term
| Zoning is a type of police power that is ___ control. |
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Definition
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Term
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Definition
| An exception to current zoning laws. |
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Term
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Definition
| Zoning for one spot that is not consistent with surrounding zones. |
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Term
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Definition
| Permitted use that was lawful at the time of creation that now does not conform to current zoning laws. |
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Term
| Eminent Domain is the ___. |
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Definition
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Term
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Definition
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Term
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Definition
| Anything that affects the title. |
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Term
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Definition
| Liens, Lis pendens, Non-possessory interests, Easements, Encroachment, Mortgages |
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Term
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Definition
| The right to use the property of another |
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Term
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Definition
1. In Gross
2. Appurtenant
3. By Necessity
4. By Implication
5. By Prescription
6. By Condemnation
7. By Dedication |
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Term
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Definition
| When utility companies require use of land. |
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Term
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Definition
| The right to use adjoining property that transfers with the land. |
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Term
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Definition
| Requires a landlocked plot of land and a court order. |
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Term
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Definition
| Mutual agreement for use of land between two neighbors for one landlocked plot of land. |
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Term
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Definition
| Allows use of land for a specified amount of time. |
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Term
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Definition
| Paid for by the government for public use. |
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Term
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Definition
| Land gifted to the government for public use. |
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Term
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Definition
| Assures that the title is good and pays for defects that are not recorded. |
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Term
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Definition
1. Mortgagee (Lender) Policy
2. Owner's Policy |
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Term
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Definition
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Term
| Does a deed have to be recorded? |
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Definition
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Term
| Purpose of Recording a Deed |
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Definition
| Gives constructive notice. |
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Term
| Who sets standards for deed recording? |
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Definition
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Term
| When is a special warranty deed is given when? |
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Definition
| After the grantor acquired the title. |
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Term
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Definition
| Creates the least liability for the grantor by releasing a questionable interest in a property. |
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Term
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Definition
| The strongest deed with the greatest liability for the grantor. |
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Term
| Seven Covenants of a General Warranty Deed |
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Definition
1. Seisen (right to sell)
2. Against encumberances
3. Further assurance (grantor will deliver any documents needed at no cost)
4. Quiet enjoyment
5. Warranty forever |
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Term
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Definition
| Open, hostile and notorious use of land |
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Term
| An attorney would look for what with a title search? |
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Definition
| Mortgages, easements, liens, rights-of-way, deed restricitons, encumberances, life estates |
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Term
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Definition
| The chain of ownership over the years |
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Term
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Definition
| A history of the tittle with a full summary. |
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Term
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Definition
| Statement of opinion prepared by the attorney |
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Term
| Click here for Chapters 3 & 4 |
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Definition
| Click here for Chapters 3 & 4 |
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