Grantor, Grantee (real person), granting clause, how title was taken, consideration, exceptions/restrictions, legal address/description, & grantors signature.

Riparian Rights

River or Stream rights

Littoral Rights

Lake or ocean rights

Estovers

Right of tenant to use wood of owner in a lease situation

Waste

Lessor or life estate holder fails to keep realty in the same condition it was received in.

Adverse Possession

Acquisition of property by CONTINUOUS, ACTUAL, OPEN, and NOTORIOUS use of the land of another with or without their permission for an extended period of time.

Emblements

Fruit of the crop. Regarded as personal property. AKA you sell your land, but planted crops you have rights to the 1st harvest of those crops.

Allodial Land System

Use it or Lose it. Real property law where individuals can hold clear title to property and have full ownership of rights.

Tacking

Combining successive periods of continuous use or occupation of property to establish adverse possession or a prescriptive easement.

Encumbrances

Anything that effects value of realty including a lien.

Fixture

Personal property that has been attached to realty in a permanent way

Tangible or Corporeal

Visual value of realty, something you can touch. Ex: a house

License.

Privilege to be on someones property. Can be canceled by owner at anytime, privilege attaches to the person NOT the realty.

Survey

Process where boundaries are determined for a plot of land, including easements and encroachments.

Can you will a life estate?

Reversionary Interest Life Estate

GrantOR gets realty back when GrantEE dies.

What is APR?

True annual interest rates.