property

Law
property law flashcards 1l

Sample Data

Front Release(easement termination)
Back The holder may release the easement to the servient owner by executing and delivering a writing that complies with the SOF.
Tags Property
Front What is marketable title?
Back It is a title that is reasonably free from doubt as to its validity. If a reasonable purchaser would pay FMV for the property it is considered marketable.In every contract for the sale of real property, the seller expressly or impliedly promises that she will deliver marketable title(unless the k specifies otherwise)
Tags Property
Text 1.Voluntary waste: Results from an affrimative act that {{c1::significantly}} reduces the value of the property 2.{{c2::Permissive}} waste: results from failure to take reasonalbe care to protect the estate 3.{{c3::Ameliorative}} waste: results from an affirmative act that leads to a substantial change in the property and increases its value
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Tags Property
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