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Property Midterm James
Black Letter up to Feb. 8th
68
Law
Post-Graduate
02/17/2018

Additional Law Flashcards

 


 

Cards

Term
First in Time is First in Right
Definition
  • Tapscott v. Lessee
  • A prior peaceable possessor who was ousted by a subsequent possessor can recover possession even though the former cannot demonstrate he or she has a legal right to possession 
Term
Thieves and Property
Definition
If a  thief steals and sells property the bona fide (or innocent) purchaser will not prevail in a dispute with the true owner
Term
Entrusting Property to an ordinary person
Definition
If a true owner (or prior peaceable possessor) entrusts property to an ordinary person, and the latter sells it (without permission), the bona fide purchaser will not prevail in a dispute with the true owner
Term
Merchant Rule
Definition
If a true owner entrusts property to a merchant who regularly deals in such goods, and the latter sells it (without permission), the bonafide purchaser will prevail in a dispute with the true owner
Term
Fraud and sale
Definition
If a true owner is induced to sell by fraud or duress, he can recover the property unless it has been sold to a bona fide purchaser
Term
Pursuit and Possession
Definition
Pursuit alone does not establish possession of wild property. Possession requires some act that deprives the property of its natural liberty and/or renders escape impossible
Term
Outsider Interference with first possession
Definition
  • Popov v. Hayashi (Bonds baseball case)
  • When an outsider interferes with a person's ability to establish first possession, but defendant was not at fault, the parties have equal claim to first possession 
Term
Law of Capture
Definition
  • majority rule for underground oil and gas
  • minority rule for underground water
    •  "doctrine of free use" or "doctrine of absolute ownership"
  • the owner of a tract of land acquires title to all of the underground oil and gas that is captured by wells on his land, even if those resources migrated from adjoining lands
Term
Law of Capture Reasonable Use
Definition
  • Law of capture only applies to reasonable and legitimate drainage of underground resources, not to the waste of these underground resources due to negligent conduct
  • Must exercise ordinary care to avoid injury or damage to property of others
  • if you waste underground resources through negligence liable for damages to reasonably compensate the injured party as the proximate result of negligent conduct 
Term
American Reasonable Use Rule
Definition
  • Majority rule for ground water
  • Owners of land overlaying an aquifer may withdraw water only if they out the water to a reasonable use on their overlaying tracts
  • water withdrawals that unreasonably harm other surface landowners or exceed reasonable share is actionable 
  • courts balance the interest of parties in case and society as a whole when determining what is reasonable
Term
Correlative rights doctrine
Definition
  • minority rule for ground water 
  • for ground water allows each surface landowner to withdraw and equitable share of ground water

 

Term
Prior Appropriation Doctrine
Definition
  • ground water minority rule
  • allocates rights according to who drew on water first, and how much they drew historically. (first in time is first in right)
Term
Riparian Doctrine
Definition
  • majority rule for surface water
  • allocate water to owners of land bordering a surface source
  • follow reasonable use doctrine
Term
Prior Appropriation Doctrine
Definition
  • minority rule for surface water
  • Allocates water rights based on who first put the water to beneficial use, and how much water they used beneficially.
  • first in time first in right
  • beneficial uses: irrigation, industrial, drinking water 
Term
Adverse Possession
Definition
  • A process by which a person who lacks legal title to property can acquire legal title without having had the property transferred 
  • the adverse claimant or the true owner can be the plaintiff in adverse possession lawsuit 
Term
Quiet Title
Definition
  • an adverse claimant may bring a claim as plaintiff to quiet title in the property. True owner is named defendant 
Term
Claim for Trespass Seeking Ejectment
Definition
True owner claim against adverse claimant
Term
Elements of Adverse Possession
Definition
  • Must prove each element by clear and convincing evidence
  1. actual possession
  2. that is visible
  3. open and notorious
  4. that is exclusive
  5. that is continuous
  6. for the minimum statutory period in the relevant jurisdiction 
Term
Actual Possession
Definition
  • adverse claimant treat land as an average owner would
  • a question of fact thus highly contextual
  • gold standard of proof is a fence 
  • must prove he or she engaged un significant activities on the land 
Term
Visible (Open and notorious)
Definition
  • possessory act is sufficiently visible and obvious to put a reasonable owner on notice that her property is being occupied by a non-owner
  • enclosing property using a fence is sufficiently visible
  • Ex. building structure, parking, storage, gardening, clearing land. 
Term
Exclusive Possession
Definition
  • possession was not shared with true owner
  • the owner was generally excluded from property
  • can acquire joint ownership rights as co-owners via adverse possession
Term
Continuous Possession
Definition
  • Possession was never abandoned during the statutory period
  • not abandon property as the owner would during the statutory period 
Term

Without Permission

(Adverse or hostile)

Definition
  • The true owner has not given permission for use
  • if the true owner expressly gives permission, the adverse claimant cannot satisfy this element
  • Adverse claimant can satisfy element if true owner orally denies permission (via no trespassing or stay out sign) 
Term
Tacking
Definition
  • the minimum statutory period element of adverse possession
  • law permits periods of possession by series of non-owners to be "tacked together" to satisfy the statutory period
  • must prove each prior possessor peacefully conveyed the property to subsequent possessor and all possessors in the chain of possession satisfied the elements required for adverse possession 
Term
Adverse Possession of Public land
Definition
no adverse possession of public land
Term
Adverse Possession Claim Under Color of title
Definition
  • when a written instrument purports to pass title to the claimant but is ineffective because of a defect in the means of conveyance or because the grantor did not actually own the land he purported to convey
  • A flawed deed is not void for color of title purposes for lack of proper description if a surveyor can ascertain the parcel's boundaries using:
    • the language of the deed
    • extrinsic evidence on the ground
    • the acts of the parties 
Term
Traditional Justifications for Allowing Adverse Possession
Definition
  1. Doctrine prevents long-time possessors from being wrenched from their land while simultaneously,
  2. encouraging true owners to make use of the land (or risk losing it
  • adverse possessor showing they deeply value land 
  • true owner should show they value land
Term
Fee Simple Absolute
Definition
  • Property ownership without a future interest
  • when a person owns a fee simple owns absolute everything there is to own
  • "to A"
  • " to A and his heirs"
Term
Defeasible Fee
Definition
  • a fee that (per language of the deed) would terminate at the happening of a specified event other than the death of the owner
  • property reverts to the original giver or their estate or moves to the a third party depending on the language in the instrument 
Term
3 types of defeasible fees
Definition
  1. fee simple determinable
  2. fee simple subject to condition subsequent
  3. fee simple subject to executory limitation 
Term
Types of Future interests
Definition
  1.  possibility of reverter
  2. right of entry
  3. executory interest
  4. contingent remainder
  5. vested remainder
  6. reversion 
Term
Fee Simple Determinable
Definition
  • created when, if and when a stated event happens, the property will reverter back automatically to the grantor
  • Always followed by possibility of reverter 
  • Key language
    • "so long as"
    • "while"
    • "during"
    • "unless" 
Term
Fee Simple Subject to a Condition Subsequent
Definition
  • created when if a stated event happens, the grantor would have the option of taking the property back
  • Always followed by future interest
    • "right of entry"
    • "power of termination"
  • Key language
    • "on condition that"
    • "but if"
    • "provided that"
Term
Fee Simple Subject to Executory Limitation
Definition
  • created if stated even happens a third party would receive the property.
  • Always followed by future interest called "executory interest"
  • No key language
Term
Life Estate
Definition
  • grant of a possessory interest until the grantee's death
  • Always followed by reversion in O or remained in B
  • If upon the expiration of A's interest the property would go back to "O," "A" has a life estate and "O" has a future interest called a "reversion"
  • If upon the expiration of A's interest the property would go to a third person, "B," then "A" has a life estate and "B" has a future interest called a remainder 
Term
Life Estate Pour Autre Vie
Definition
  • life estate for the life of another
  • ex. to A for the life of B or
  • A sells his own life estate to B
Term
Term of Years
Definition
  • grant of possessory interest until the expiration of a term fixed by the calendar (for example to "A" for 10 years)
  • Always followed by reversion in O or remained in B
Term
Contingent Remainder
Definition
  • instrument creates a contingent remainder if
    • the triggering event would cause "B" to get the property may never happen
    • "B's" identity cannot be ascertained at the time of the conveyance
Term
Vested Remainder
Definition
  • Remainder is not contingent 
Term
Absolutely Vested Remainder
Definition
a remainder that is not subject to change
Term
Vested Remainder Subject to Open
Definition
created when at least one "B" is known, but that may be further divided among other "B's" that may be born in the future
Term
Vested Remainder Subject to Divestment
Definition
Created when "B" is known but a condition is placed on "B" that if unmet, will divest B of the property
Term
Beneficiaries
Definition
  • a person who dies with a will has beneficiaries
  • his or her beneficiaries are determined by the language in the will
Term
Heirs
Definition
A person who dies without a will (intestate) has heirs
Term
Ranking of Heirs
Definition
  1. Issue- Direct descendants
  2. Ancestors- parents and grandparents
  3. Collarerals- siblings, cousins, aunts, uncles
  4. The state (escheat) 
Term
Policies When Conveyance is Unclear
Definition
  1. Court seeks to implement the intent of the grantor
  2. Courts seek to maximize the free use and alienability of property via presumption AGAINST finding a future interest (that is, a presumption that what was granted was a fee simple absolute

Sometimes these two policies are intension

Term
Conditions That Destroy Present Possessory Estates
Definition
  • disfavored in the law
  • Instrument will be interpreted as having created a fee simple absolute rather than a defeasible fee if the language of the instrument is not crystal clear
Term
Conditions That Prohibit Alienation of a Fee
Definition
  • void and will not be enforced by a court
  • Ex. "To A, but if A ever sells the property, then to B"
    • not an enforceable future interest 
Term
Conditions that Prevent Alienation of A Life Estate
Definition
  • However, a condition in an instrument that prohibits alienation of a life estate is valid and will be enforced by court
  • Ex. "To A for life, but if A ever sells the property then to B"
    • creates an enforceable future interest
Term
Duty to Future Interest holders
Definition
  • A life tenant or term of years holder has a duty not to injure the property
    • keep property in sufficient repair to prevent decay and not to take any action that is destructive or fundamentally alters the condition of the property 
Term
Waste
Definition
plaintiff may bring a claim for waste either during the life tenant or term of years possession or after the possession terminates
Term
Voluntary Waste
Definition
commission of deliberate or voluntary destructive act
Term
Permissive Waste
Definition
  • failure to exercise the ordinary care of a prudent person for the preservation and protection of the estate
  • ordinary depreciation of property due to age and normal use does not constitute permissive waste 
Term
Ameliorating Waste
Definition
  • changing the property in a way that increases its value but fundamentally changes the character and condition of the property 
  • a defendant may answer a claim for ameliorating waste by arguing complete and permanent change of surrounding conditions has deprived the property of its value and usefulness as previously used 
Term
Restrictions on Property Interest
Definition
  • No restrictions on race since 14th amendment
  • restrictions marriage typically upheld as long as they are motivated by a desire to furnish support to the devisee while unmarried, rather than by a desire to punish the devisee for marrying
Term
Property Law Fee Preference
Definition
  • Property law prefers fee interest over a life estate  or term of years
  • if an instrument can be fairly interpreted as having created either a fee interest or life estate/term of years, the court will typically find it created a fee interest 
Term
Concurrent Ownership
Definition
  • A single property interest can be owned by two or more persons at the same time
  • ex. duplex or condominium complex

 

Term
TIC
Definition
  • Rules
    • Each TIC has an equal right to possession of the entire parcel
    • if the property is sold each TIC has a right to his or her fractional share of the sale price
    • When TIC dies his or her fractional share passes to beneficiaries or heirs
  • Law Prefers TIC over JT or TBE, so if the langiage in the conveyance is imprecise, the law will typicaly find the instrument created a TIC
Term

Joint Tenancy

("JT")

Definition
  • deliberately created by four unities 
    • Unity of time (all joint tenants received their interests at the same time)
    • Unity of title (all joint tenants received their interests via the same written instrument)
    • Unity of Interest (each joint tenant has an identical interest
    • Unity of Possession (each joint tenant has right to possess the whole0
Term
Right of Survivorship
Definition
When the other joint tenant(s) dies, the surviving joint tenant takes their interest (the interest does not pass into the deceased person's estate)
Term
Severing a JT
Definition
  • If one tenant sells, thus severing joint tenancy, severance occurs only between the selling owner and the remaining owners
  • Ex. IF A, B, and C own property as JTs, and A conveys his interest to D, B and C are sill JTs with a right of survivorship vis-a-vis each other; but D is a TIC vis-a-vis B and C
Term
Transfering interest
Definition
  • JTs and TICs are free to transfer their interests without the consent of their co-owners 
  • Tenants by the entirety may both transfer their interest without the consent of their spouse
Term

Tenancy by the Entirety 

(TBE)

Definition

4 unities plus marriage

  1. time
  2. title
  3. interest
  4. possession 
Term
Judicial Partition
Definition
  • if concurrent owners cannot agree on how to manage property they may file suit to ask the court to partition 
    • carve parcel into smaller parcels
    • can also voluntarily partition 
Term
Ouster
Definition
  • actual- changing the locks
  • constructive- asking spouse to leave
  • have no duty to pay rent unless one person ousts the other
    • Oustee has to pay rent to ousted party 

 

Term
Duties of Concurrent Owners
Definition
  • have the right to the numerical share of rents paid by their parties who possess the property
  • have a duty to pay their numerical share of basic expenses (mortgage payments, property taxes, property insurance)
Term
Leasing TIC or JT
Definition
  • one tenant can enter into a valid lease of the property without the consent of the co-tenant
  • a lease entered into by a single TIC survives the death of the leasing tenant
  • A lease entered into by  single tenant dies when that joint tenant dies 
  • If property subject to a valid lease is transferred, the lease survives the transfer and the property comes with the lease
Term
Creditors and Ownership
Definition
  • A creditor of one party in a TIC can foreclose on the property to satisfy the debts of one JT
  • but a creditor of one party in a TBE cannot foreclose on the property to satisfy the debts of one tenant by the entirety 
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