Chapter 9: Landlord Tenant 1. freehold estates: indefinite duration and no one knowing when lease will end 2. leasehold estate: usually definite period of time
leasehold estate: "chattel real" or personal property interest in real estate. c.l. upon death
Chapter 8 Types of Co-Ownership
Concurrent Ownership Concurrent estate: two or more people own it together at same time. There are four types: tenancies in common, join tenancies, tenancies by entirety, and tenancies by partnership. Tenancy in Common Tena
Chapter 7: Describing Land Interests
Formal Requirements of a Deed:
1. must be in writing. states have statutes establishing short form deeds.
Designate language for warranty, quitclaim or other forms of deeds.
must include name of grantor. Name is suffic