Across
- 4. Spreading payments over time
- 5. Two promises
- 7. A deed in which a property owner then transfer the title and warrants that he owns a property free and clear of all liens
- 11. These are considered real property in one of the land. Includes easements, covenants, and minerals in the ground
- 12. Sales property and then leases it back then becomes tenant with a new owner
- 16. A federal agency that ensures loans made by lending institutions to qualified persons
- 18. Personal property converted to real property
- 19. A contract between a lessor and lessee which gives possession but not ownership for the lessee
- 20. A deed in which the grantor only warrants against the defects that occur during their ownership
- 21. Property owned by just one person or corporation
- 22. An increase in actual amount of land due to natural causes
- 25. Shows ownership of the bundle of rights of property, saying it is yours
- 26. Promotes free-market competition
- 27. Type of concurrent ownership with unities or time, interest, title and possession. If one owner dies the interest goes to the remaining tenants
- 29. The gradual recession of water leaving land permanently uncovered
- 30. Police power, escheat, taxes, eminent domain
- 32. A contract that can be rejected at a later date for a specific reason. For example the contract signed under duress, entered into a threat, or contracts entered with a minor
Down
- 1. Money received above a designated amount
- 2. A law to provide homebuyers a better understanding of the settlement process
- 3. Property owned by more than one person
- 6. An estate where the ownership is held for an undefined length of time
- 8. When one party passes responsibility to another
- 9. Is evidence of a property transfer like a receipt
- 10. An estate or tenancy lasting a fixed period of time It has a start and end date
- 13. Is an interest in real property that last the length of someone's life, indefinite induration. The title reverts to original owner when the tenant dies
- 14. What a tenant sublets the property to a third-party
- 15. Where tenancy is renewed periodically such as week to week, month to month, or year to year
- 17. A deed that includes two implied warranties 1. The grantor has not already given the title to the person 2. The estate has no undisclosed encumbrances
- 21. Go to the state when someone dies without a will or heirs
- 23. A deed that operates as a release. It transfers properly quickly without any warranties on the title of any kind
- 24. When a landlord fails to do something they are legally obligated to do, rendering the property unlivable
- 28. The transfer of a title from one person to another
- 31. A grant an exception to a rule a.k.a. the rule varies