The economic Scarcity, location, and durability.
characteristics of land are
The owner of an interest in Begin a suit for partition.
commonly held property
who wishes to dispose of
the property, while the
other owners do NOT want
to do so, will probably
In every real estate The same one used in prior transfers of the parcel,
transaction, a legal verified by a surveyor.
description of the real
estate MUST appear in the
transaction documents.
What kind of legal
description should be used
in MOST transactions?
At the time of harvest, Personal property.
crops that require annual
planting are generally
considered to be
In MOST states, when a first No longer have any claim on the property.
mortgage is foreclosed and
the property has been sold,
junior liens
,Tenants are still in their Tenants at sufferance
rental property even
though their lease has
expired. The landlord has
given them written notice to
quit and refused to accept
rent. They are
A homeowner has Appurtenant.
negotiated with a neighbor
to obtain the permanent
right to pass over the
northern part of the
neighbor's land to gain
access to the river. He pays
the neighbor $9,000 for the
right of access and receives
a deed. This is an easement
An Environmental Impact Projects the impact on the environment of a proposed
Statement (EIS) project.
An escheat occurs when A property owner dies without heirs or a valid will.
If conditions for purchase Return of the property to the original owner
are included in a deed and
these conditions are
violated, what is the
penalty?
Which of the following BEST Garden apartments located between a single-family
illustrates the concept and residential neighborhood and a shopping center
intent of a buffer zone?
, Although states make Prior appropriation
specific laws governing
water rights and the rights
in land that borders water,
most states generally follow
one of two basic doctrines
regarding water rights. In
many states, the common
law doctrine of riparian and
littoral rights dictates that
water rights are
automatically conveyed
with property. In others, all
water rights are controlled
by the state under the
doctrine of
A deed restriction is Present and future owners
applicable to the activities
of
A lawsuit for inverse A homeowner
condemnation may be
brought by
An appraiser MUST be $250,000
licensed or certified to
handle Federally related
work on residential
property valued at more
than
According to the principle Most homes are larger than the sale home
of progression, a three-
bedroom, one-story home
is MOST likely to bring the
highest sales price if
located in a neighborhood
in which
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TheAlphanurse. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
