Termination of Easement
Mr Capend
Requirements of abandonment of easement
2. Intent to abandon
Types of easements
Covenant against encumbrances
Representation that there are no easements or liens burdening the realty
* If there are, covenant breach and liability against covenantor
Exceptions of transfer of easements
Personal easement in gross
- benefit is not transferable - Bonafide purchaser (if he didn't know of easement) * All other easements transfer automatically
Requirements for creation of easement (PING)
Requisites of prescription (CHAO)
C ontinous
H ostile
A dverse
O pen and notorious
Creation of Easement by Implication
Creation of Easement by Necessity
(i.e. landowner divides it’s land in 2 lots, one of them is locked out by mountains)
If property is landlocked, even if can “acquire” other access.
What is a Profit (servitude)
Is the permission to use someone’s land to extract materials (coal, oil, wood, etc.)
What is a license?
What cause a irrevocable license
What is a Covenant
- Found in a contract or deed
Termination of Covenant
Mr Capace
M erger R elease C ondemnation A bandonment P rescription A greement C hange of conditions E stoppel
Enforceability of covenants
1) Real Covenants
- Monetary damages (or)
- Monetary damages &
Injunction
2) Equitable servitude
- Injunction
Requirements to Transfer BURDEN of real covenant (WITHVN)
W riting I ntent T ouch and Concern H orizontal privity V ertical privity N otice
Types of Notice of Covenants
(1) Actual - In deed
(2) Constructive:
Inquiry - Reasonable inquiry
Record - covenant filed
Requirements to Transfer BENEFIT of real covenant (WITV)
W riting
I ntent
T ouch and Concern -same land
V ertical Privity
What happens if a covenant don’t transfer as a real covenant due lack of requirements
Can transfer as Equitable Servitude
What is General Scheme
Doctrine by Estoppel by Deed
To Validate Warranty Deed Deed Executed/delivered by grantor When grantor didn’t have title to land But represented that he did If he later acquired such title
Privity of estate as assignee
Possession of premises
Liable for rent w/asignor
Duty of Life Tenant
Pay property taxes (until rental value)
Pay interest on encumbrances
Not commit waste (harm future interest holders)
Rule of Marshaling
Equitable doctrine
Requires a senior creditor, having two or more funds to satisfy its debt, to dispose of the fund not available to a junior creditor.