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Real Property - Coggle Diagram
Real Property
Rights in Real Property
easements
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affirmative or negative
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negative easements - light, air, water, and lateral and subjacent support
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appurtenant or in gross
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in gross - is personal in nature, resulting in a servant but not a dominant estate.
created by writing, by implication, by prescription, or by estoppel
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can be terminated
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when a governmental body acquired the servient estate through an exercise of the eminent domain power
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licesnes
is a privilege, usually to do something on someone else's property
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covenant
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writing, intent, horizontal and vertical privity, touch and concern, and notice
equitable servitude - if a plaintiff can establish all elements of a covenant that runs with the land, the plaintiff seeks equitable reilef.
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Real Estate Contracts
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duty to disclose
seller has duty to disclose ALL material latent defects known to the seller that are not readily observable or known to the buyer
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Titles
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recording acts
important when two or more parties claim that the owner has conveyed or mortgaged the property to them
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notice
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the claimant took the property without actual, constructive, or inquiry notice
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