Issues Concerning Real Property

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Vocabulary flashcards covering legal and construction concepts from Chapter 4: Issues Concerning Real Property, including liens, eminent domain, highway acquisition, easements, zoning, and mechanic's liens.

22 Terms

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Real Property

Land and any attachments or improvements made to it, governed by specialized laws, statutes, regulations, and codes.

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Lien

A legal claim placed on property that gives the filing party the right to retain possession of the property until an outstanding debt payable is satisfied.

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Tax Lien

The statutory right of the government to retain possession of real property until the taxes on it have been paid, which transfers with the land title to a new owner if unpaid upon sale.

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Eminent Domain

The legal right of the federal government, a state, or another public agency to take possession of private property and appropriate it for public use through due process of law and with fair compensation.

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Condemnation

The formal exercise of the legal power of eminent domain to acquire private property for a justified public use.

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Quasipublic Firms

Private enterprises, such as railroads and private utility companies, that are legally granted the power of eminent domain because they serve the general public's best interests.

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Prescription (Highways)

The hostile acquisition of highway or roadway property after the public has used a private road openly and continuously for a legally prescribed statutory period (typically 77 to 10 years10\,\text{years}).

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Dedication

The granting by a private owner of the use of private property for the public at large (such as for a highway, street, park, or school) in which legal title remains with the private owner.

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Right-of-Way

A continuous tract of land consisting of a series of connected, adjacent parcels of property without gaps, used for the construction and operation of a highway or public utility.

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Easement

A legal grant conveying a specific, limited right of use on a parcel of real property to a nonowner (such as a utility company or neighbor) without transferring land title.

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Prescriptive Easement

An easement established through adverse, continuous use of land for a legally prescribed statutory timeframe (such as 10 years10\,\text{years} under RCWA 4.16.020) with the owner's knowledge and without permission.

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Zoning

The division of real property by a municipality into designated classifications of use (such as residential, commercial, industrial, rural, or recreational) and physical parameters to guide orderly community growth.

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Mechanic's Lien

A statutory right created by law permitting workers, subcontractors, and material suppliers who improve real property to place a legal claim on that property if their services or materials are unpaid.

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Notice to Owner

An official statutory notification furnished by second-tier contributors (such as subcontractors or material suppliers) to a property owner to secure their legal right to file a mechanic's lien in the event of nonpayment.

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Judicial Foreclosure

The court-ordered public sale of real property demanded by an unpaid lien claimant to satisfy a debt obligation out of the proceeds.

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Partial Release of Lien

A formal written statement executed by a subcontractor or supplier certifying receipt of specific progress payments and waiving lien rights for that corresponding portion of the work.

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Stop Notice

A statutory mechanism used primarily on public works projects that enables an unpaid worker, supplier, or subcontractor to intercept and place a lien on public funds owed to the general contractor.

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Payment Bond

A surety bond furnished by a general contractor, commonly required on public projects, guaranteeing that workers, subcontractors, and material suppliers will be paid.

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Notice of Nonresponsibility

A formal notice posted and recorded by a property owner within a statutory time limit after improvements begin to shield the property title from mechanic's liens.

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No Lien Contract

A contractual agreement executed between an owner and a contractor in which the contractor legally agrees to waive the right to assert a mechanic's lien against the owner's property.

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"Lean" Period

The holding duration during which an owner delays making the final contract payment to the general contractor until the statutory deadline for filing mechanic's liens has expired.

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Retainage

A percentage of contract funds withheld by the project owner from regular progress payments to provide protection against unpaid claims and liens.