Property law terms flashcards are a helpful study tool that contain key terms and definitions related to property law. These flashcards can be used to quiz yourself on important concepts and improve your understanding of the subject.
Property law is a branch of law that deals with the rights, obligations, and relationships between individuals and property. It covers a wide range of topics such as real estate, personal property, landlord-tenant relationships, and intellectual property.
Learn Property Law Terms With Flashcards
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quick facts
- Property law governs the various forms of ownership and tenancy in real property (land and buildings) and personal property (movable possessions).
- It includes regulations regarding buying, selling, renting, leasing, and transferring property.
- This covers issues such as property rights, easements, boundaries, zoning laws, and land use regulations.
- Property law also addresses landlord-tenant relationships, eviction proceedings, and lease agreements.
card list
Front | Back |
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Easement | Easement: The right to use someone else’s property for a specific purpose. |
Adverse possession | Adverse possession: When someone legally takes ownership of a property by using it without the owner’s permission for a certain period of time. |
Deed | A deed is a legal document that shows who owns a piece of property. |
Zoning | Zoning: Rules that say how land can be used (like for houses or businesses). |
Title | Ownership of property or rights. |
Encumbrance | Encumbrance: A claim or liability on a property, such as a mortgage or lien. |
Lien | A claim on property as security for a debt. |
Covenant | A promise or agreement between parties. |
Tenancy | Tenancy: The act of renting or leasing a property. |
Conveyance | The transfer of property from one person to another. |
Eminent domain | Government’s power to take private property for public use, with fair compensation to the owner. |
Escrow | Escrow: A neutral third party that holds money or property until a transaction is completed. |
Survey | Survey: A study or examination of land to determine its boundaries, features, and ownership. |
Quitclaim deed | A quitclaim deed is a legal document that transfers ownership of property from one person to another without any guarantees or promises about the property’s condition. |
Homeowners association | A homeowners association is a group of people in a neighborhood who make rules and collect money to take care of shared areas. |