100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
SC - Estate and Ownership Types - Flashcards $10.99   Add to cart

Exam (elaborations)

SC - Estate and Ownership Types - Flashcards

 2 views  0 purchase
  • Course
  • Institution

SC - Estate and Ownership Types - Flashcards Estate Legal interest or right one has in the land. This is intangible and not measurable. Tenancy Possession (rather than ownership) of property Interest The right or claim a person has to property Fee Form of real property ownership; fee simple...

[Show more]

Preview 1 out of 4  pages

  • March 21, 2024
  • 4
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
SC - Estate and Ownership Types -
Flashcards
Estate

Legal interest or right one has in the land. This is intangible and not measurable.

Tenancy

Possession (rather than ownership) of property

Interest

The right or claim a person has to property

Fee

Form of real property ownership; fee simple is absolute ownership and is the most common form of
ownership

Title

Evidence of ownership of a property

Dower

Life estate in a property held by a widow

Curtesy

Life estate in a property held by a widower

Act of waste

Abuse of a property by a person who holds possession through a life estate

Remainderman

Person receiving title upon the death of the life tenant

Remainder interests

Fee simple present interest in conjunction with receipt of title upon the death of the life tenant

Reversionary interest

Right of repossession of the property by the owner after the end of the life estate

Condominiuim

Multi-unit structure made up of individually owned units with separate deeds and shared ownership of
common areas

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 ACADEMICAIDSTORE. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75759 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling

Recently viewed by you


$10.99
  • (0)
  Add to cart