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Property, Real Estate, Tenant, Adverse Possession, Current Interests,…

- - - - Poss of Reverter
    - - Right of Entry
      - Reversion
        
        grantor's future interest
    - - shifting
        
        cut short non-grantor
      - springing
        
        cut short grantor
- - - - servient owner has right to locate the easement.
  - - - not transferrable unless its for commercial purposes.
  - - - exception to state of frauds.
    - - AKA quasi easement.
  - - - automatically transfers with dominant tenement, regardless of its mention in conveyance.
      - passes with servient estate unless new owner is BFP without notice.
- - - - Encumbrances
      - an existing Zoning violation
      - Adverse Possession
      - Remedy
        
        notify seller
        
        give seller rznable time to cure.
        
        damages
        
        specific performance
        
        rescission
        
        quiet title suit
    - - Fitness
      - Habitability
  - - - writing signed
      - ID of parties by name or descript
      - words of transfer.
      - unambiguous discription
    - - Rejection defeats delivery.
      - Acceptance presumed
    - - Quitclaim
        
        No promises
      - General Warranty
        
        Mother Theresa
      - Special Warranty.
        
        only for me!
    - - mortgage deed us when, after the terms of the mortgage have been fulfilled, ownership is transferred back to the mortgagee.
  - - - first to record first wins
        
        "A conveyance.. unless first recorded"
    - - BFP with no notice > BFP who failed to record.
        
        "A conveyance...without notice, unless conveyance is recorded."
    - - Need notice and must record first.
        
        "Any conveyance...without notice thereof, whose conveyance is first recorded."
    - - Estoppel by Deed
        
        One who conveys with no interest is estopped from denying the validity of that if he later acquires title that he had previously purported to transfer
      - Wild Deed
        
        recoded deed unconnected to chain
        
        not suff. for constructive notice
      - Shelter Rule
        
        Transferee takes shelter, or steps into the shoes of their transferor.
  - - - Foreclosing Party
        
        Junior Lien holders
        
        mortgagor
        
        Debtor
- - - - Intent
      - Touch and Concern
      - Vertical Privity
      - Writing
    - - Touch/Concern
      - Horizontal and Vert Privity
      - Intent
      - Notice
      - Writing
- - - - maintain premises reasonably.
- - - - Asignee and LL are in privity of estate, but NOT privity of contract.
- - - - but if a third party is renting out the premises, co-tenants split the proceeds based on the % of property each owns.
  - - - used when partition in kind is not possible.
    - - courts prefer this.
- - - - creditors of only 1 spouse cannot touch this tenancy for satisfaction of the debt.
- - - - ignore
      - Re-let.
      - surrender
- - - - 1 period of equal length (month to month = 1 month)
      - typically will auto-renew.
  - - - reasonable notice.
      - operation of law.
  - - - eviction, or tenant elects to leave.
- - - - 21 years from knowing.