Property Law

Understand property rights and laws surrounding ownership.

Sample Cards

Property Law

The body of law that governs the ownership, use, and transfer of land and personal property.

Deed

A legal document that transfers ownership of real property from one person to another.

Lease

The right to use and enjoy property for a limited time, often through rental agreements.

Real Property

The type of property that includes land and buildings.

Ownership

The legal right to possess and control property.

Easements

A right held by one person to use the land of another for a specific purpose, like driveway or ut...

Zoning Laws

Laws that legally restrict how property can be used, often divided into residential, commercial, ...

Adverse Possession

A principle of real estate law where someone who possesses someone else's land for an extended pe...

Property Law Flashcards

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Property Law

The body of law that governs the ownership, use, and transfer of land and personal property.

The body of law that governs the ownership, use, and transfer of land and personal property.

Property Law

Deed

A legal document that transfers ownership of real property from one person to another.

A legal document that transfers ownership of real property from one person to another.

Deed

Lease

The right to use and enjoy property for a limited time, often through rental agreements.

The right to use and enjoy property for a limited time, often through rental agreements.

Lease

Real Property

The type of property that includes land and buildings.

The type of property that includes land and buildings.

Real Property

Ownership

The legal right to possess and control property.

The legal right to possess and control property.

Ownership

Easements

A right held by one person to use the land of another for a specific purpose, like driveway or utility lines.

A right held by one person to use the land of another for a specific purpose, like driveway or utility lines.

Easements

Zoning Laws

Laws that legally restrict how property can be used, often divided into residential, commercial, industrial and agriculture zoning.

Laws that legally restrict how property can be used, often divided into residential, commercial, industrial and agriculture zoning.

Zoning Laws

Adverse Possession

A principle of real estate law where someone who possesses someone else's land for an extended period of time can actually acquire legal title to that land.

A principle of real estate law where someone who possesses someone else's land for an extended period of time can actually acquire legal title to that land.

Adverse Possession

Title Insurance

Insurance that protects the holder from loss sustained by defects in the title.

Insurance that protects the holder from loss sustained by defects in the title.

Title Insurance

Joint Tenancy vs. Tenancy in Common

Joint tenancy is an agreement between two or more individuals who share ownership rights in a property, while in tenancy in common each individual owns a distinct, undivided interest in property.

Joint tenancy is an agreement between two or more individuals who share ownership rights in a property, while in tenancy in common each individual owns a distinct, undivided interest in property.

Joint Tenancy vs. Tenancy in Common

Eminent Domain

The power of the government to take private property for public use with payment of compensation.

The power of the government to take private property for public use with payment of compensation.

Eminent Domain

Encumbrances

Mortgages, liens, or limitations on a property that may restrict its use or transfer.

Mortgages, liens, or limitations on a property that may restrict its use or transfer.

Encumbrances

Property Taxes and Assessments

Taxes based on the value of a property, typically used by municipalities to fund local services.

Taxes based on the value of a property, typically used by municipalities to fund local services.

Property Taxes and Assessments

Recording Deeds

The process of documenting property transactions in public records.

The process of documenting property transactions in public records.

Recording Deeds

Abandonment and Lost Property

When property is intentionally abandoned, it belongs to the first person who takes possession of it, whereas lost property belongs to the owner if they can be identified.

When property is intentionally abandoned, it belongs to the first person who takes possession of it, whereas lost property belongs to the owner if they can be identified.

Abandonment and Lost Property

Public vs Private Property

Public property is controlled by the state or community, while private property is controlled by individuals or organizations.

Public property is controlled by the state or community, while private property is controlled by individuals or organizations.

Public vs Private Property

Covenants, Conditions, and Restrictions (CC&Rs)

Rules set by homeowners associations that govern residences within certain areas, aiming at preserving aesthetic uniformity.

Rules set by homeowners associations that govern residences within certain areas, aiming at preserving aesthetic uniformity.

Covenants, Conditions, and Restrictions (CC&Rs)

Fixtures in Real Estate

Items of personal property that are attached or fixed to real property and become a part of it.

Items of personal property that are attached or fixed to real property and become a part of it.

Fixtures in Real Estate

Environmental Regulations on Property Use

Laws that govern how one can use the environment, often affecting property usage.

Laws that govern how one can use the environment, often affecting property usage.

Environmental Regulations on Property Use

Property Disputes and Boundary Issues

Conflicts over who owns a particular piece of property, or where the boundaries are.

Conflicts over who owns a particular piece of property, or where the boundaries are.

Property Disputes and Boundary Issues

Inheritance and Estate Planning

The process of transferring property to heirs and beneficiaries after a person's death.

The process of transferring property to heirs and beneficiaries after a person's death.

Inheritance and Estate Planning

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