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A powerful study resource designed to support exam success and boost confidence.
Pesonal property ------- ✔ CORRECT ANSWER ✓✓Items called chattels, that do not fit into the
definition of real property. Movable objects also called personality.
Fixture ------- ✔ CORRECT ANSWER ✓✓An item of personal property that has been converted to
real property by being permanently affixed to the realty.
Severance ------- ✔ CORRECT ANSWER ✓✓Changing an item of real estate to personal property
by detaching it from the land. I.e. Cutting down a tree.
Agricultural ------- ✔ CORRECT ANSWER ✓✓A category of real estate that includes farms,
timberland, ranches and orchards.
Appraisal ------- ✔ CORRECT ANSWER ✓✓An estimate of the quantity, quality, or value of
something.
Accession ------- ✔ CORRECT ANSWER ✓✓Acquiring title to additions or improvements to real
property as a result of the annexation of fixtures or the accretion of alluvial deposits on the
banks of streams.
Accretion ------- ✔ CORRECT ANSWER ✓✓The increase or addition of land by the deposit of sand
or soil washed up naturally from a river, lake, or sea.
,Acknowledgment ------- ✔ CORRECT ANSWER ✓✓A formal declaration made before a duly
authorized officer, usually a notary public, by a person who has signed a document.
Administrator ------- ✔ CORRECT ANSWER ✓✓Person appointed to settle estate of someone
who dies intestate.
Adverse possession ------- ✔ CORRECT ANSWER ✓✓The actual, open, notorious, hostile, and
continuos possession of another's land under a claim of title. Possession for statutory period
may be a means of acquiring title.
Alienation ------- ✔ CORRECT ANSWER ✓✓The act of transferring property to another. Alienation
may be voluntary, such as by a gift or sale, or involuntary , as through eminent domain or
adverse possession.
Attorney-in-fact ------- ✔ CORRECT ANSWER ✓✓A person who performs one or more acts for
another person according to the authority granted to them in a document called a power of
attorney.
Avulsion ------- ✔ CORRECT ANSWER ✓✓The sudden tearing away of land, as by earthquake,
flood, volcanic action, or the sudden change in the course of a stream.
Bargain and sale deed ------- ✔ CORRECT ANSWER ✓✓A deed that carries with it no warranties
against liens or other encumbrances but does imply that the grantor has the right to convey
title. The grantor may add warranties to the deed at the grantor's discretion.
Cloud on title ------- ✔ CORRECT ANSWER ✓✓Any document, claim, unreleased lien, or
encumbrance that may impair the title to real property or make the title doubtful; usually
revealed by a title search and removed by either a quitclaim deed or suit to quiet title.
, Consideration ------- ✔ CORRECT ANSWER ✓✓(1) that received by the grantor in exchange for
the deed; (2) something of value that induces a person to enter into a contract.
Dedication ------- ✔ CORRECT ANSWER ✓✓The voluntary transfer of private property by its
owner to the public for some public use, such as for streets or schools.
Deed in trust ------- ✔ CORRECT ANSWER ✓✓An instrument that grants a trustee under a land
trust full power to sell, mortgage, and subdivided a parcel of real estate. The beneficiary
controls the trustees use of these powers under the provisions of the trust agreement.
Descent ------- ✔ CORRECT ANSWER ✓✓Acquisition of an estate by inheritance in which an heir
succeeds to the property by operation of law.
Devise ------- ✔ CORRECT ANSWER ✓✓A gift of real property by will. The donor is the divisor,
and the recipient is the devisee.
Eminent domain ------- ✔ CORRECT ANSWER ✓✓The right of a government or municipal quasi-
public body to acquire property for public use through a court action called condemnation, in
which the court decides that the use is a public use and determines the compensation to be
paid to the owner.
Erosion ------- ✔ CORRECT ANSWER ✓✓The gradual wearing away of land by water, wind, and
general weather conditions; the diminishing of property by the elements.
Escheat ------- ✔ CORRECT ANSWER ✓✓The reversion of property to the state or county, as
provided by state laws, in cases where a decedent dies intestate without heirs capable of
inheriting or when the property I abandoned.