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Flashcards related to real property and real estate law.
Last updated 2:19 AM on 6/25/25
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7 Terms
1
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Mechanic's Lien
A claim against a property made by someone who provided labor or materials for its improvement, ensuring they are paid.
2
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General Lien
A lien that affects all of the debtor's property, both real and personal.
3
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Easement
A right to cross or otherwise use someone else's land for a specified purpose.
4
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Abandonment
Voluntary relinquishment of rights of ownership or another interest.
5
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Life Estate
An estate granted for the duration of someone's life.
6
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Life Tenant
The holder of a life estate.
7
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Freehold Estate
An estate in land that is unlimited in duration.
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Flashcards (35)