Real Estate - Chapter 6

Express Covenant

Covenants that are expressly inserted into the language of the deed or implied by common law rule or regulation.

Implied Covenant

Intended or implied in other laws and public policy such as deeds cannot discriminate based on race or gender.

Metes and Bounds

Uses boundaries and measurements of the land.

Executor

Acts as a replacement for the testator or the decedent to prepare a deed, execute it it and transfer it to a a grantee.

Quiet Enjoyment

Applies to leasehold estates. The lessor warrants that the lessee will have free and unfettered enjoyment to his leased premises during the duration of the lease.

Recital

Sets out the change of title as it relates the the previous grantor and grantee.

Indenture

Deeds that contain mutual covenants between the grantor and the grantee.

Grantee

The one who receives title

Recording

Making documents that affect property ownership readily available as matters of public record.

Restrictive Covenant

Private agreements usually imposed by the owner when property is sold that limits the way the real estate ownership may be used; frequently used by owner/developer to maintain specific standards in a subdivision. The covenants are appurtenant.