Law 5110 Study Guide - Quiz Guide: Adverse Possession, Estoppel, Easement
Document Summary
Adverse possession the occupation of land inconsistent with the rights of the owner (occupying the property without the permission of the owner). Beneficial interest the rights of a beneficiary (a person who benefits from the property) in respect of property under a trust. It is a particular type of equitable interest. Beneficiary - a person who is to receive the property under a trust or a person who benefits from an interest in land i. e. ownership. Covenant a promise contained in a deed, the person who will benefit from the promise is the covenantee, the person who has to keep the promise (also known as the burden) is the covenantor. Deed a legal document that is clearly intended to be a deed and is signed, witnessed, attested and delivered. Disposition a creation or transfer of an estate or interest in land.
