Shared Flashcard Set

Details

Real Property
Bar Review
11
Law
Post-Graduate
07/06/2011

Additional Law Flashcards

 


 

Cards

Term
Covenant - Burden to Run with Land
Definition
WITHN
Writing, Intent, Touches and Concerns the Land, Horizontal and Vertical Privity, Notice
Term
Covenant - Benefit to Run with Land
Definition
WITV
Writing, Intent, Touches and Concerns the Land, Vertical Privity
Term
Horizontal Privity
Definition
Nexus between the original parties A and B
Requires succession of estate (grantor/grantee, landlord/tenant, mortgagor/mortgagee)
Term
Vertical Privity
Definition
Nexus between A and A-1.
Simply requires some non-hostile nexus: contract, devise, descent
Term
Covenant
Definition
Promise to do or not do something related to land.
Can be restrictive/negative or affirmative.
Can run with land: Burden (WITHN) and Benefit (WITV)
Term
Equitable Servitude
Definition
A promise that equity will enforce against successors
Remedy: Injunction/Specific Performance
Equitable Defense: Changed Condition
Term
Equitable Servitude - Creation
Definition
WITNES
Writing, Intent, Touch and Concerns the Land, Notice, Equitable Servitude
Note: Privity is NOT required
Term
Implied Equitable Servitude
Definition
Common Scheme Doctrine
Court will imply a reciprocal negative servitude to hold the unrestricted lot holder to the restrictive covenant
Term
Forms of Notice
Definition
AIR
Actual Notice: literal knowledge
Inquiry Notice: neighborhood conforms to restriction
Record Notice: recorded documents
Term
Forms of Notice
Definition
AIR
Actual Notice: literal knowledge
Inquiry Notice: neighborhood conforms to restriction
Record Notice: recorded documents
Term
Forms of Notice
Definition
AIR
Actual Notice: literal knowledge
Inquiry Notice: neighborhood conforms to restriction
Record Notice: recorded documents
Supporting users have an ad free experience!