1. REAL ESTATE LAW

2. Real Estate Characteristics
Physical
Indestructible
Immobile
Unique
Economic

3. Bundle of Rights
Control
Possession
Use
Disposition

4. Real vs Personal Property
Land
Personal Property
Fixture
Parties Intention
Method Attached
Adaptation of Item
Agreements

5. Legal Descriptions Metes and Bounds Rectangular Survey
Plat of Survey (Lot & Block)
S 33° E
176’
N 68° E
411’
N 22° E
470’
S 22° W
629’
Mill Rd.
Dam
Sprull Cr.

6. Government Powers Police Power Eminent Domain Taxation Escheat
Read and go on.

7. Police Power Zoning Nonconforming Use PUD Buffer Zone Downzoning
Variance
Building Codes
Certificate of Occupancy

8. Eminent Domain Requirements Condemnation Inverse Condemnation
Public Good
Fair Compensation
Owner has Due Process
Condemnation
Inverse Condemnation

9. Taxation Ad Valorem Mills Tax Sales Right of Redemption
Special Assessments

10. Escheat
Intestate
No Heirs

11. Encumbrances Liens Water Rights Encroachments Deed Restrictions
Monetary
Voluntary, Involuntary
General, Specific
Water Rights
Encroachments
Deed Restrictions

12. Encumbrances Easements Deed Restrictions Appurtenant In Gross
By Prescription
Party Walls
Deed Restrictions
Legal
Enforcement

13. Leasehold Estates Nonfreehold Lease Estate for Years Periodic Estate
Estate at Will
Estate at Sufferance
Lease
Leasee
Lessor

14. Types of Leases Gross Net Percentage Ground Sale-Leaseback
Lease Purchase

15. Freehold Estates Inheritable Noninheritable Fee Simple Absolute
Fee Simple Subject to
Noninheritable
Conventional
Statutory
Curtesy & Dower
Homestead

16. Forms of Ownership Possession Interest Time Title Severalty
Tenancy in Common
Joint Tenancy (PITT)
Possession
Interest
Time
Title

17. Non Human Ownership
Corporation
Partnerships (General, Limited)
LLCs

18. Modern Forms of Ownership
Cooperatives
Personal Property
Proprietary Lease
Condominium
Real Property
Units
Time Shares

19. Transfer of Title Voluntary Involuntary Will Gift Sale Descent
Eminent Domain
Lien Foreclosure
Adverse Possession

20. Types of Deeds
General Warranty
Special Warranty
Quitclaim

21. Deed Requirements In Writing Grantor, Grantee (Legal Capacity of Both)
Granting Clause & Habendum Clause
Consideration
Legal Description
Signature of Grantor
Delivery & Acceptance

22. Evidence of Title Abstract with Attorney’s Opinion Title Insurance
Mortgagee’s Policy
Mortgagor’s Policy
Premiums