A ____life estate is one that is created by a conveyance, usually through the use of a deed, a will or a trust. The person who receives this estate is called the life tenant
A ____ estate is created when the owner of a fee simple estate grants a lesser estate to someone and, at the same time, names a person other than himself/herself the fee simple estate when the lesser a state ends
In order to be effective, a lien should be:
All liens are?
in real estate law, the word fee/ownership is closest in meaning to an estate of/or _____.
An estate of uncertain duration
In a _____ estate, the tenants right to occupy the property is for the term covered by the first rent payment and, each time another payment is made
An estate at_____ arises when I tenant, who is legally renting the property, continues to remain in possession after the terms of the lease expire
Is a promise made in a sales contract, lease or deed that specifies the property will or will not be used in a certain manner
Are found in deeds but differ from convenants because they usually do not have any time limit but "run with the land" indefinitely, unless removed by a court
The most complete ownership of rights in land that one can hold
Allows the owner to sell the land, give it away or pass it to heirs
Verticales
Is the right of local, state or national governments to enact and enforce laws that regulate the use of private property in order to provide for the safety, health, morals and general well-being of the community
Telephone lines indicate The existence of what kind of easement
The right one person has to use another person's land in a specified manner and for a specified purpose . Created by necessity, prescription, express reservation
An easement that is acquired through continuous use of another person's property for a period of time
Is the government's power to take property, with or without the owner's consent, when it is needed for a public purpose such as a park, a road or a public school. Privately owned land cannot be taken unless a public purpose is proven and "just compensation" is paid
A freehold estate is defined as one that will last?
Includes the right to occupy your property and to have ingress and egress
An unauthorized use of another's property
A___ is a monetary claim a creditor has on the property of a debtor and the debtor's property is security for payment of the debt.
An estate for _____ exist when there is a lease agreement that gives the tenant exclusive possession of the property for a specified period of time
For the life of another
A _____ At will is usually a temporary arrangement in which the tenant can occupy the property for an unspecified period of time as long as the landlord gives permission
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