Property Midterm
48 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

A landowner grants property to 'X, and the heirs of his body.' What type of estate does X possess?

  • Leasehold Estate
  • Fee Simple Absolute
  • Life Estate
  • Fee Tail (correct)

Which characteristic distinguishes a fee simple determinable from a fee simple subject to a condition subsequent?

  • The type of condition that triggers the reversion.
  • The specific wording used in the conveyance.
  • The party to whom the property reverts.
  • Whether the estate automatically terminates upon violation of the condition. (correct)

What is the primary difference between a vested remainder and a contingent remainder?

  • Whether the remainder is subject to a condition precedent. (correct)
  • Whether the remainderman is identifiable.
  • Whether the remainder is transferable.
  • Whether the remainder is devisable.

A life estate pur autre vie is BEST described as:

<p>An estate measured by the life of someone other than the estate holder. (A)</p> Signup and view all the answers

Which of the following phrases would MOST likely create a fee simple subject to an executory limitation?

<p>&quot;To A and her heirs, but if the property is used for commercial purposes, then to B and his heirs.&quot; (C)</p> Signup and view all the answers

Which of the following estates is considered the MOST comprehensive form of land ownership?

<p>Fee Simple Absolute (C)</p> Signup and view all the answers

Which of the following is NOT a typical characteristic of a leasehold estate?

<p>Ownership of the property by the tenant. (B)</p> Signup and view all the answers

Which of the following is TRUE regarding an alienable estate?

<p>It is transferable during the holder's lifetime. (C)</p> Signup and view all the answers

In Bost v. (1898), what is the primary distinction made regarding the delivery of a gift causa mortis?

<p>Actual physical delivery is required if the item can be physically handed over, whereas constructive delivery is acceptable only when physical delivery is impossible. (B)</p> Signup and view all the answers

What central principle regarding inter vivos gifts was established or clarified in Gruen v. Gruen (1986)?

<p>A valid <em>inter vivos</em> gift can be made even if the donor retains a life estate in the property, which is a 'future interest' in property law, assuming there is intent, delivery, and acceptance. (C)</p> Signup and view all the answers

In Maffe v. Loranger (2021), which legal principle was applied when determining the ownership of the engagement ring after the engagement was broken?

<p>The ring is a conditional gift contingent on marriage, and in a 'no-fault' approach, the giver is generally entitled to its return regardless of who is at fault for the breakup. (B)</p> Signup and view all the answers

How did the court in Knopf v. Gray (2018) interpret the phrase 'passed on' in a will, and what implications did this interpretation have for the beneficiary?

<p>It created a life estate for the beneficiary, restricting them from selling the property and requiring them to pass it on to their children upon their death. (B)</p> Signup and view all the answers

In Baker v. Weedon (1972), what consideration did the Mississippi Supreme Court emphasize when evaluating whether to allow the sale of land with a life estate?

<p>The court should explore alternative options to provide for the life tenant's needs without unduly harming the remaindermen's interests, such as selling a portion of the land instead of the whole property. (A)</p> Signup and view all the answers

In Paul Smith’s College v. Roman Catholic Diocese (2021), what legal mechanism allowed Paul Smith’s College to reclaim the property from the Roman Catholic Diocese?

<p>A reversionary interest clause in the deed allowed the original grantor to reclaim the property due to a breach of the condition that it be used solely for church purposes. (B)</p> Signup and view all the answers

What is the critical element required for 'delivery' in the context of establishing a gift causa mortis, as highlighted in Bost v. (1898)?

<p>Actual physical transfer of the item to the recipient, if feasible, is necessary. (A)</p> Signup and view all the answers

How does Gruen v. Gruen (1986) expand on the understanding of inter vivos gifts regarding retained rights by the donor?

<p>It clarifies that donors can retain a life estate in a gift (future interest), as long as there is intent, delivery, and acceptance, without negating the gift's validity. (D)</p> Signup and view all the answers

What legal principle from Maffe v. Loranger (2021) has broader implications for the return of gifts beyond just engagement rings?

<p>Conditional gifts are subject to return if the condition is not met, irrespective of fault. (B)</p> Signup and view all the answers

Considering the rulings in both Baker v. Weedon (1972) and Knopf v. Gray (2018), what key balance must a court strike when dealing with life estates and remaindermen?

<p>Balancing the needs and rights of the life tenant with protecting the interests of the remaindermen. (D)</p> Signup and view all the answers

Which scenario accurately describes a vested remainder subject to complete defeasance?

<p>A remainder that is vested, but could be lost if a specific condition occurs in the future. (A)</p> Signup and view all the answers

What distinguishes a 'vested remainder subject to open' from other types of remainders?

<p>The class of remaindermen can expand to include future members. (B)</p> Signup and view all the answers

What is the critical element that defines a contingent remainder?

<p>Uncertainty regarding the recipient or a condition that must be met. (D)</p> Signup and view all the answers

In property law, when is a 'class' considered to be 'open'?

<p>When additional individuals can still join the group of beneficiaries. (C)</p> Signup and view all the answers

If a person dies without a will and has no spouse or children, who would NOT be considered as collateral heirs for inheritance purposes?

<p>Parents. (B)</p> Signup and view all the answers

Under what circumstances does property 'escheat' to the state?

<p>When assets are unclaimed, a will is defective, or legal heirs are incompetent. (A)</p> Signup and view all the answers

Prior to 1926 in England, what was the legal status of a child born out of wedlock concerning inheritance?

<p>The child could not inherit from either parent. (D)</p> Signup and view all the answers

What is the key characteristic of a gift causa mortis that distinguishes it from an inter vivos gift?

<p>It is given in contemplation of impending death and is revocable. (D)</p> Signup and view all the answers

Which legal action allows for the recovery of wrongfully possessed property, along with compensation for losses?

<p>Replevin. (D)</p> Signup and view all the answers

What does a 'Trover' action primarily seek to recover?

<p>Damages for the conversion of personal property. (B)</p> Signup and view all the answers

Under common law, what specific phrase was traditionally required to create a fee simple estate?

<p>&quot;To A and his heirs.&quot; (B)</p> Signup and view all the answers

According to the Lost Item Doctrine, who typically has the superior claim to a lost item?

<p>The finder, except against the true owner (D)</p> Signup and view all the answers

What is the key distinction between the 'Lost Item Doctrine' and the 'Mislaid Item Doctrine'?

<p>The lost item is unintentionally separated, while the mislaid item was intentionally placed and then forgotten. (C)</p> Signup and view all the answers

According to principles of adverse possession, what element is satisfied when the possessor uses the property as a typical owner would?

<p>Actual. (D)</p> Signup and view all the answers

In the phrase 'To A and his heirs,' what is the function of the words 'and his heirs'?

<p>Words of Limitation. (D)</p> Signup and view all the answers

Which scenario best exemplifies the principle established in Pierson v. Post regarding the acquisition of property rights to a wild animal?

<p>A hunter wounds a deer but loses track of it. Another hunter finds and kills the deer. (A)</p> Signup and view all the answers

How does the ruling in Ghen v. Rich demonstrate the role of custom in establishing property rights?

<p>It shows that established industry customs can determine ownership even if they differ from standard legal principles. (B)</p> Signup and view all the answers

In what way does Keeble v. Hickeringill protect a person's right to use their property for economic gain?

<p>It prevents malicious interference with lawful business activities conducted on one's property. (A)</p> Signup and view all the answers

What legal concept did Popov v. Hayashi establish regarding the acquisition of property, and how does it apply to disputes over found objects?

<p>Qualified pre-possessory interest, granting a limited claim to someone who is interrupted while taking steps to possess an item. (D)</p> Signup and view all the answers

How does Armory v. Delamirie define the rights of a finder of lost property relative to others?

<p>The finder has rights superior to everyone except the true owner. (A)</p> Signup and view all the answers

Considering the ruling in Hannah v. Peel, under what circumstances would the owner of a property NOT have a superior claim to found property on their land?

<p>The property owner has never occupied the land and is unaware of the item's existence. (D)</p> Signup and view all the answers

How does McAvoy v. Medina differentiate between 'lost' and 'mislaid' property, and what are the implications for the finder?

<p>'Lost' property is unintentionally dropped, while 'mislaid' property is intentionally placed and forgotten; the finder has a right to 'lost' property but must give 'mislaid' property to the property owner. (A)</p> Signup and view all the answers

In the context of property law, what is the key takeaway from Van Valkenburgh v. Lutz regarding claims of adverse possession?

<p>A claim of right is necessary; using another's land requires not only continuous use but also clear indication that the user is claiming it as their own. (B)</p> Signup and view all the answers

How does Mannillo v. Gorski address the issue of mistaken encroachment in adverse possession claims?

<p>It asserts that a mistaken belief about property boundaries can still support an adverse possession claim if the possession is open, notorious, exclusive, and continuous. (A)</p> Signup and view all the answers

What is the 'discovery rule' established in O'Keefe v. Snyder, and how does it affect the statute of limitations for recovering stolen artwork?

<p>The statute of limitations begins only when the owner discovers, or reasonably should have discovered, the whereabouts of the stolen artwork. (A)</p> Signup and view all the answers

In property law, how does a 'freehold estate' differ from a 'non-freehold estate' in terms of ownership rights?

<p>A freehold estate grants full ownership with indefinite rights, while a non-freehold estate grants temporary usage rights without ownership. (B)</p> Signup and view all the answers

Which of the following is an example of a non-freehold estate?

<p>Estate for Years (D)</p> Signup and view all the answers

What is the primary function of a covenant in a property deed?

<p>To restrict how a property can be used (B)</p> Signup and view all the answers

What was the key precedent set by Johnson v. M’Intosh, in the context of property rights in the United States?

<p>That United States title is superior to previously granted Native American title (A)</p> Signup and view all the answers

What is the difference between Fee Simple Absolute and Fee Simple Defeasible?

<p>Fee Simple Absolute grants complete ownership, while Fee Simple Defeasible can be lost if certain conditions are violated. (D)</p> Signup and view all the answers

Flashcards

Fee Simple

Highest form of land ownership, including any buildings. Also called 'fee simple absolute'.

Life Estate

An interest in property that lasts only for the life of a specific person; ownership terminates upon that person's death.

Leasehold Estate

Tenant's right to use a property for a set period.

Fee Simple Defeasible

Property ownership that can revert to the original owner if a specific condition is met.

Signup and view all the flashcards

Fee Simple Determinable

Automatically terminates if a condition is violated (e.g., 'so long as', 'while'). Grantor retains a possibility of reverter.

Signup and view all the flashcards

Fee Simple Subject to Condition Subsequent

Does NOT end automatically; grantor must take action to reclaim the land if a condition is violated (e.g., 'but if', 'on condition that').

Signup and view all the flashcards

Fee Simple Subject to an Executory Limitation

Automatically transfers to a third party if a condition is met.

Signup and view all the flashcards

Alienable

Transferable during the holder's lifetime.

Signup and view all the flashcards

Indefeasibly Vested Remainder

Certain to become possessory without conditions.

Signup and view all the flashcards

Vested Remainder Subject to Complete Defeasance

Vested, but can be lost if a condition occurs.

Signup and view all the flashcards

Vested Remainder Subject to Open

Vested, but more members can join the class.

Signup and view all the flashcards

Contingent Remainder

A future interest dependent on a condition or unknown recipient.

Signup and view all the flashcards

"Class being open"

More members can still join the class.

Signup and view all the flashcards

Escheat

Assets taken by the state due to abandonment, defective will, or incompetent heirs.

Signup and view all the flashcards

Issue

Children, grandchildren, etc.

Signup and view all the flashcards

Ancestors

Parents, Grandparents, etc.

Signup and view all the flashcards

Collateral

Sisters, brothers, nieces, nephews, etc.

Signup and view all the flashcards

Inter vivos gift

Gift between living people; irrevocable afterward.

Signup and view all the flashcards

Testamentary gift

Gift given after death; complies with Statute of Wills.

Signup and view all the flashcards

Gift causa mortis

Gift expecting immediate death; revocable before death.

Signup and view all the flashcards

Replevin

Court order retrieving wrongfully possessed property.

Signup and view all the flashcards

Trover

Recovering damages (money) for lost/converted personal property.

Signup and view all the flashcards

Adverse Possession (COHAE)

Continuous, Open, Hostile, Actual, Exclusive.

Signup and view all the flashcards

Freehold Estate

Full ownership of a property with indefinite rights to sell, lease, or bequeath.

Signup and view all the flashcards

Non-Freehold Estate

Temporary right to use a property without ownership; also known as a leasehold.

Signup and view all the flashcards

Engagement Ring Return

When an engagement is broken, the giver gets the ring back as it's a conditional gift for marriage.

Signup and view all the flashcards

Covenant (Real Property)

A promise within a deed that restricts how a property can be used.

Signup and view all the flashcards

Life Estate Creation

A will instruction passing property to children after the beneficiary's death creates a life estate, preventing sale.

Signup and view all the flashcards

Johnson v. M’Intosh (1823)

US title is superior to previously granted Native American title.

Signup and view all the flashcards

Pierson v. Post (1805)

Pursuit alone doesn't grant ownership; capture/control is required.

Signup and view all the flashcards

Remainderman

Future owner of property after a life estate ends.

Signup and view all the flashcards

Ghen v. Rich (1881)

Local customs can determine ownership rights in specific industries.

Signup and view all the flashcards

Keeble v. Hickeringill (1707)

Maliciously interfering with another's lawful business is prohibited.

Signup and view all the flashcards

Reversionary Interest

The right of the original owner to reclaim property if a condition in the deed is violated.

Signup and view all the flashcards

Popov v. Hayashi (2002)

Established qualified pre-possessory interest for items almost secured.

Signup and view all the flashcards

Constructive Delivery

Delivery of a gift through symbolic items, like keys, when physical delivery is impractical.

Signup and view all the flashcards

Future Interest

The idea that a gift can be given now but be fully transferred at a later date.

Signup and view all the flashcards

Armory v. Delamirie (1722)

Finder of lost property has rights against all but the true owner.

Signup and view all the flashcards

Hannah v. Peel (1945)

Finder on property keeps brooch if owner never occupied/knew of it.

Signup and view all the flashcards

Testator Intent

The intent of the person writing the will, which guides the interpretation of its language.

Signup and view all the flashcards

McAvoy v. Medina (1866)

Mislaid items on private property must be held by owner for true owner.

Signup and view all the flashcards

Van Valkenburgh v. Lutz (1952)

Using a path doesn't establish ownership; must meet all adverse possession elements.

Signup and view all the flashcards

Mannillo v. Gorski (1969)

Mistaken belief about boundaries can support adverse possession.

Signup and view all the flashcards

O’Keefe v. Snyder (1980)

Statute of limitations begins upon discovery of stolen artwork's location.

Signup and view all the flashcards

Study Notes

  • To effectively memories legal case holdings for assessing states of title.

States of Title

  • Fee Simple: Highest form of land ownership, including buildings, also called fee simple absolute.
  • Fee Tail: Interest in land requiring passage to children, created using "the heirs of his body."
  • Life Estate: Interest lasting for the life of a person, usually the holder, not included in a will but transferable during the holder's life.
  • An estate is a Life Estate Pur Autre Vie if it is measured by the life of someone other than the holder.
  • The person who obtains the life estate after the holder passes away is the remainder.
  • Leasehold Estate: Agreement granting property use for a set time; essentially renting, with legal protections for both lessee and lessor.
  • Landlords need to keep real estate habitable, even if a lease omits this detail.
  • Fee Simple Defeasible: Property can revert to the owner if a condition is met.

Fee Simple Defeasible Types

  • Fee Simple Determinable: Automatically ends if a condition is violated; uses "so long as," "while," "until," "during."
  • The grantor retains possibility of reverter.
  • Fee Simple Subject to Condition Subsequent: Doesn't end automatically, grantor must act to reclaim land; uses "but if," "provided that," "on condition that."
  • The grantor has right of reentry.
  • Fee Simple Subject to an Executory Limitation: Automatically transfers to a third party if a condition is met, using wording similar to other defeasible fees.

Important Definitions for Assessing States of Title

  • Alienable: Transferable during the holder’s lifetime.
  • Devisable: Can pass by will.
  • Descendible: Can pass via intestacy statutes if the holder dies without a will.
  • Defeasible: Can be voided if a condition is met.
  • Vested Remainder: Guaranteed to mature into inheritance, with no conditions besides the end of the previous estate.

Types of Vested Remainder

  • Indefeasibly Vested Remainder: Certain to become possessory and cannot be taken away.
  • Vested Remainder Subject to Complete Defeasance: Vested but can be defeated by a future condition.
  • Vested Remainder Subject to Open: Vested, but the class of remaindermen can expand in the future.
  • Contingent Remainder: Future property interest is uncertain; transfer depends on meeting a condition or unknown recipient identity.

“Class Being Open”

  • When some beneficiaries of a group are designated to receive interests but the exact members are undetermined, more individuals could join the class later on.
  • The class is considered "open" until the possibility of new members is closed, which usually occurs when the relevant life estate ends.

Secondary Definitions

  • Issue: Children, grandchildren, etc.
  • Ancestors: Parents, grandparents, etc.
  • Collateral: Sisters, brothers, nieces, nephews, etc.
  • Escheat: Property taken by the state when assets are unclaimed, a will or trust is defective, or legal heirs are incompetent.
  • Filius Nullius: A child born out of wedlock, who could not inherit from either parent under common law.
  • Adoption wasn't relevant under common law until 1926.
  • Next of Kin: Persons who succeed to an intestate’s personal property.
  • Devisees: Persons who take real property under a decedent’s will.
  • Legatees: Persons who take personal property under a decedent’s will.
  • Spouses were not an heir at common law but were only given dower or courtesy in land.

Types of Gifts

  • Inter Vivos Gift: Between two living people, irrevocable, requires intent, delivery, and acceptance.
  • Testamentary Gift: After the donor’s death, complies with the Statute of Wills (writing, witnesses, voluntary intent).
  • Gift Causa Mortis: In contemplation of death, requires intent, delivery, and acceptance, revocable, and death must occur from the feared infirmity.
  • Replevin: Court order to seize wrongfully possessed property, allowing recovery of property and compensation for losses.
  • Trover: Legal action for damages due to conversion of personal property, involving chattels held in bailment.

Extra Principles

  • Under common law, "To A and his heirs" creates fee simple; "To A" creates a life estate.
  • Lost Item Doctrine: Finder has a superior claim to a lost item over everyone except the true owner.
  • If found on private property, the landowner may have a stronger claim.
  • Mislaid Item Doctrine: Premises owner holds a mislaid item (intentionally placed and forgotten) for the true owner; the finder has no claim.
  • Abandoned Item Doctrine: First person to possess an abandoned item gains full ownership with no obligation to return it.
  • Adverse Possession (COHAE):
  • Continuous: Uninterrupted possession for the statutory period.
  • Open and Notorious: Visible and obvious possession, putting the true owner on notice.
  • Hostile: Possession without the owner’s permission.
  • Actual: Physical use of property as an owner would.
  • Exclusive: The possessor cannot share control with the true owner or the public.
  • Claim of Title: Possession based solely on continuous, exclusive, and hostile use without any document.
  • Color of Title: Possession based on a defective document that appears to give title.
  • Words of purchase indicate who receives property; words of limitation define the type of estate.
  • Without proper words of limitation, a conveyance may default to a life estate instead of a fee simple.

Types of Estates

  • A freehold estate gives the owner full ownership of a property.
  • A non-freehold estate gives the tenant temporary use of the property.
  • Freehold examples include fee simple absolute and fee simple defeasible.
  • Non-freehold estates are also known as leaseholds.
  • Non-freehold examples include an estate for years, an estate from year to year, and a tenancy at will.
  • Covenant: A deed's promise restricts a property's use.

Cases to Remember

  • Johnson v. M’Intosh (1823): U.S. title is superior to Native American title; European nations had exclusive rights to acquire land from indigenous peoples upon discovery.
  • Pierson v. Post (1805): Pursuit of a wild animal does not grant ownership; capture is required.
  • Ghen v. Rich (1881): Local customs determine ownership rights in legal disputes.
  • Keeble v. Hickeringill (1707): Cannot maliciously interfere with another's lawful business activities.
  • Popov v. Hayashi (2002): Established "qualified pre-possessory interest," leading to split ownership of a baseball due to crowd interference.
  • Significant steps towards acquiring property grant a limited claim to its possession.
  • Armory v. Delamirie (1722): Finder of lost property has a right to it against all but the true owner.
  • Hannah v. Peel (1945): Finder of brooch in unoccupied house allowed to keep it; persuasive authority.
  • McAvoy v. Medina (1866): Property owner must hold mislaid property for the true owner; binding precedent in Massachusetts.
  • Van Valkenburgh v. Lutz (1952): Adverse possession case in New York State regarding property use and structures.
  • Mannillo v. Gorski (1969): Mistaken belief about property boundaries can support adverse possession; binding precedent in New Jersey.
  • O’Keefe v. Snyder (1980): Established the "discovery rule" for stolen artwork; the statute of limitations begins when the owner discovers the whereabouts.
  • Newman v. Bost (1898): Valid gift causa mortis requires clear intent and proper delivery; actual delivery is required if possible.
  • Gruen v. Gruen (1986): Valid inter vivos gift can be made even if the donor retains a life estate; binding in New York.
  • Maffe v. Loranger (2021): Engagement ring case; the giver is entitled to its return in Connecticut, regardless of fault for the breakup.
  • Knopf v. Gray (2018): The instruction in will that property should be "passed on" creates a life estate for the beneficiary.
  • Baker v. Weedon (1972): Court should explore options for life tenant needs without harming remaindermen's interests; binding only in Mississippi.
  • Paul Smith’s College v. Roman Catholic Diocese (2021): The original grantor can reclaim property if use condition is breached due to a "reversionary interest" clause; binding only in New York State.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

More Like This

elect 7 - Midterm lesson 1
90 questions
Elect 7 - Midterm Lesson 3
130 questions
Algebra 1 Midterm Study Guide
44 questions
Use Quizgecko on...
Browser
Browser