Unit 5 Interests in real estate

January 17, 2018 Off By admin
Question Answer
accretion
alluvion
appurtenant easement

condemnation is the process by which the government exercises the right to acquire privately owned real estate for public use
deed restrictions
defeasible fee estate
doctrine of prior appropriation
easement
easement by condemnation
easement by necessity
easement by prescription
easement in gross
eminent domain Eminent domain is the right of the government to acquire privately owned real estate for public use by either judicial or administrative proceedings
encroachment
encumbrance
erosion
escheat is a process by which the state may acquire privately owned real or personal property.
estate in land The degree, quantity, nature, and extent of interest that a person has in real property.
fee simple

fee simple determinable
fee simple subject to a condition subsequent
freehold estate
future interest
leasehold estate
license
lien
life estate
littoral rights
party wall
police power Every state has the power to enact legislation to preserve order, protect the public health and safety, and promote the general welfare of its citizens. That authority is the state's police power
pur autre vie
reliction
remainder interest
reversionary interest

riparian rights
taxation
This authority is the states police power Every state has the power to enact legislation to preserve order, protect the public health and safety, and promote the general welfare of its citizens
The state's authority (states police power) is passed on to municipalities and counties through legislation called ____________ _____________ Enabling acts
Regulations that govern the use, occupancy, size, location, construction, and rents of real estate also fall within the ___________ _____________ Police powers
Like the rights of ownership, the state's power to regulate land use is not _________ Absolute. The laws must be uniform and nondiscriminatory; that is, they may not operate to the advantage or disadvantage of any one particular owner or owners.
State laws provide for ownership to transfer, or ___________, to the state when an owner dies leaving no heirs (as defined by the law) and no will that directs how the property is to be distributed. escheat
What is escheat intended to prevent? A property from being ownerless
in Pennsylvania, do both real and personal unclaimed property have to be turned over to the state? Yes. In some states, real property escheats to the county where the land is located
An __________ __________ ______defines the degree, quantity, nature, and extent of an owner's interest in real property. Estate in land