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Flashcards related to real property and real estate law.
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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.
General Lien
A lien that affects all of the debtor's property, both real and personal.
Easement
A right to cross or otherwise use someone else's land for a specified purpose.
Abandonment
Voluntary relinquishment of rights of ownership or another interest.
Life Estate
An estate granted for the duration of someone's life.
Life Tenant
The holder of a life estate.
Freehold Estate
An estate in land that is unlimited in duration.