FRECI_9-5 - Lecture Preview Florida Real Estate Commission...

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1 Florida Real Estate Commission Course I Pre-Licensing Course for Sales Associates Session 9 – Lecture 5 Title, Deeds, and Ownership Restrictions Copyright, 2004 2 Lecture Preview What will you learn from this lecture? Governmental and private restrictions on real property Discuss deed restrictions Copyright, 2004 3 Vocabulary Terms Deed restrictions Easements Encroachment Police power Copyright, 2004 4 Limitations on Ownership Police Regulatory Power Liens Eminent Domain Complete Removal Restrictions On Use Division of Use or Possession Share in Value Deed Restrictions Taxation Easements Leases Copyright, 2004 5 Ownership Limitations and Restrictions F Police power F Eminent domain F Taxation Government Private F Deed restrictions F Easements (3 types) F Leases F Liens P E T D E L L (2 types) Copyright, 2004 6 Government Restrictions n Police power (1 of 3) Broadest power granted to governing bodies!
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