Real Estate Finance
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | a historical summary of the publicly recorded documents that affect a title
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| Deed | show 🗑
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| show | Limits the use of property by all owners of that property including future owners.
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| Easement | show 🗑
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| show | "All that a person owns"
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| Estate for years | show 🗑
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| show | Tenancy continues for successive period until either party give proper notice of its intent to terminate at the end of one or more subsequent periods.
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| show | The freehold estate that represents the most complete form of ownership of real estate. A hold of this type of estate is free to divide up the fee into lesser estates & sell, lease, or borrow against it.
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| Freehold estate | show 🗑
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| show | An estate not in possession, which does not convey the right to enjoy the property until some time in the future.
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| General Warranty Deed | show 🗑
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| show | is different than a free hold estate because it expires on a definite date and implies only the right to possess and use the property owned by another for a period of time.
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| Lessee | show 🗑
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| show | A person who holds the title (so possession of the property is granted by the owner to the other person for a period of time.
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| show | It is possible to have a freehold estate that has fewer ownership rights than a fee simple estate. This is an example. It is a freehold estate that lasts only as long as the life of the owner of the estate or the life of some other person.
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| Mechanics' lien | show 🗑
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| show | The right to use land that is owned or leased by somone else for some special purpose (like an easement).
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| show | Many parties can have different ownership rigths in a given parcel of real estate. These rights associate with the real estate are referred to as real property.
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| Personal Property | show 🗑
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| show | The right of a person to the possession, use, enjoyment, and disposal f his or her property.
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| show | Offers the grantee the least protection - it simply conveys to the grantee whatever rights, interests, and title that the grantor may have in the property. Is just says the grantor "quits" whatever "claim" he has in the property (which may be none).
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| show | Things that are not movable such as land and improvements permanently attached to the land.
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| Real Property | show 🗑
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| show | Not uniform among states, these acts in general provide a publicly accessible system for assessing and establishing claims or interests in real estate as against all other parties. And provide a set of rules for resolving priority disputes.
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| show | Exists when the grantor of a present estate with fewer ownership rights than the grantor's own estate conveys to a third person the reversionary interest the grantor or the grantor's heirs would have in the property upon termination of grantee's estate
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| show | Exists when the holder of an estate in land (grantor) conveys to another person ( grantee) a present estate int he property that has fewer ownership rights than the grantor's own estate and retains for the grantor or the grantor's heirs right 2 take back
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| Secured Interest | show 🗑
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| show | Makes same warranties as a general warranty deed except that it limits their application to defects and encumbrances that occurred only while the grantor held title to the property. But warranties don't apply to previous owners.
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| Title | show 🗑
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| Title Assurance | show 🗑
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
pstrackman
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