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Legal Issues

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
show The history of a title and the current status of a title based on a title examination  
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show Property owners rights to all that the land produces or to all that is added to the land, either intentionally or by mistake  
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show A formatl statement made before an authorized official (ie: notary public)by a person who executed a deed,a contract or another document that it was a free act  
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show Abuse or misuse of property by a life tenant  
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show A method of acquiring title to real property by conforming to statutory requirement  
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show Rights to the air space above the surface of the land  
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alienation   show
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alluvion   show
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appurtenances   show
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assessments   show
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show Sudden loss of gain of land as a result of water or shift in a riverbed that has been used as a boundary  
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show A form of deed with or without covenants of title  
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beneficiary1   show
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show The lender in a deed of trust  
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show A form of involuntary alienation of title  
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show A valid legal description of property on the tax map or a prior recorded legal instrument  
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show The rights of an owner of a freehold estate to possession, enjoyment, control, and disposition of real property  
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show Successive conveyances of title to a specific parcel of land  
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show Personal Property  
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show An accounting of the funds received and disbursed in a real estate transaction  
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consideration   show
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show Notice in which all affected parties are bound by the knowledge of a fact even though they have not been actually notified of such fact  
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show The knowledge a person has of a fact  
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show Transfer of title to real property  
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show In a closing statement, money to be received or credit given for money or an obligation given  
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show In a closing statement,an expense or money received against a credit  
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curtesy   show
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show A wife's interest in her husband's real property  
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show An appropriation of land or an easement therein given by the owner to the public  
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show The deeding of a parcel of land to a municipality  
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delivery and acceptance   show
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show metes and bounds;reference,lot and block and monuments  
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show land benefiting from an easement appurtenant  
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show A nonpossessory right of use in the land owned by another  
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show A right of use in the adjoining land of another that moves with the title to the property benfiting from the easement  
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show Created by the excercise of the government's right of eminent domain  
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easement for light and air   show
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show Created by the express written agreement of the landowners, usually in a deed  
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show Arising by implication from the conduct of the parties  
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easements by necessity   show
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show Obtained by use of the land of another for the legally prescribed length of time  
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easements in gross   show
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show Trespass on the land of another as a result of intrusion by some structure or other object  
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encumbrance   show
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show A male appointed in a will to see that the terms of the will are carried out  
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executrix   show
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fee simple estate   show
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fixture   show
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show A deed containing the strongest and broadest form of guarantee of title  
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general lien   show
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specific lien   show
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grantor   show
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grantee   show
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show The statement in a deed beginning with the words 'to have and to hold' and describing the estate granted  
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homestead   show
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illiquid   show
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show Transfer to title of real property as a result of a lien foreclosure sale, adverse possession, the filing of a petition in bankruptcy, or condemnation under power of eminent domain or upon the death of the titleholder, to the state when there are no heirs  
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show The transfer of title freely by the owner  
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show An act in which a creditor places a claim on real and or personal property of another to obtain payment of a debt  
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voluntary lien   show
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show A form of co-ownership that includes the right of survivorship  
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joint venture   show
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show A document conveying public land to an individual  
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license   show
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show A freehold estate created for the duration of the life or lives of certain named persons  
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life estate2   show
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life estate in reversion   show
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lis pendens   show
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littoral rights   show
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marketable title   show
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show A statutory lien available to persons supplying labor (mechanics) or material (materialmen)to the construction of an improvement on land when they are not paid  
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metes and bounds   show
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ownership in severalty   show
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parcel   show
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partition   show
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show A common wall used by two adjoining structures  
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personal property1   show
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personal property2   show
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show Everything that is movable  
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show A person who either actively or constructively occupies a property  
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show implies constructive notice that the possessor has certain legal rights  
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show The act of occupying a property, which implies certain rights  
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show An individual does not occupy a property; easements imply a nonpossessory interest in land owned by another  
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show Division of certain settlement costs between buyer and seller  
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show A grant of power, license or real property from the state or government to a private individual  
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quitclaim deed1   show
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show Used to remove a cloud on a title  
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RESPA   show
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show A federal law regulating activities of lending institutions in making mortgage loans for housing  
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show The aggregate of rights, powers and privileges conveyed with ownership of real estate  
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real property tax lien   show
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referee's deed   show
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reference to a plat   show
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reliction   show
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remainder interest   show
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show A person who has a future interest in a life estate  
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reversionary interest   show
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right of survivorship   show
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show An easement allowing someone to use the land of another  
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riparian rights   show
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servient tenement   show
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special purpose real estate   show
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show Modifies the priority of certain liens; an earlier lienholder may 'take a backseat' to a later lienholder  
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subsurface rights   show
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survey   show
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show A form of co-ownership limited to husband and wife, with the right of survivorship  
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tenancy in common   show
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title   show
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title closing1   show
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title closing2   show
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title insurance   show
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title search   show
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trade fixtures   show
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show A person who holds title to property for the benefit of another called a beneficiary  
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trustor   show
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undivided interest   show
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show Created when all co-owners have the same percentage of ownership in a property  
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unity of possession   show
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show Created when co-owners have the same type of ownership in a property  
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unity of time   show
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