Card Set Information
Review of course 1
Real estate includes land plus appurtenances that benefite the land, including improvements, rights and privileges, and fixtures
land physical components
sub surface rights
air rights (not timber)
who controls the air rights
government (owners may not interfere)
what kind of water rights are riparian, littoral, erosion and accretion?
is flowing water - river
is standing water - lake
is gradual loss of land due to natural forces
is land buildup from water-borne material
Mineral rights (gold and oil)
you can sell, lease or transfer. May be transferred or reserved by seller
what is personal property called and who retains it
everything that is not real estate
retained by seller
what is IRMA
- written agreement example
: stove, frig, w/d
- buyer/seller or landlord/tenant
method of attachment/annexation
(means attached) - is it permanent or not
- built in or custom made - wood front frig or cooler
what are emblements?
crops - reap what you sow / annually cultivated crops
what is immobility for a physical characteristic?
the geographic location is fixed
what is indestructibility for a physical characteristic?
land is permanent
what is Metes-and-bounds POB?
Point of beginning measure in clockwise direction / begin and end there
Metes and bounds measures... north and south west and east degrees?
north and south are 0 degrees
west and east are 90 degrees
GSS - Government survey system in florida is called? what are the Unit measurement for land?
(which is the principle meridian)
sections in a township
is 6 miles x 6 miles
is 1 mile x 1 mile (1sq mile) =
= 43560 sq ft
= 5280 sq ft
Government survey system what are the n/s and w/e lines called?
n/s is range lines
w/e is tier lines
example R1E OR T4N
COUNT FROM RIGHT TO LEFT AND DOWN, THEN LEFT TO RIGHT THEN DOWN, ETC.