Real Property Law Flashcards
7 cards from real NYLE practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Real Property Law flashcards as text
Under New York law, which concurrent ownership form allows a surviving co-owner to automatically inherit the deceased co-owner's share?
Answer: Both B and C
Both joint tenancy and tenancy by the entirety (available only to married spouses in New York) carry a right of survivorship, automatically vesting the deceased's share in the survivor.
A fixture in New York is generally defined as personal property that has become:
Answer: Permanently attached to real property and treated as part of it
A fixture is personal property that has been so permanently annexed to real property that it is treated as part of the realty and passes with a conveyance of the land.
In New York, adverse possession requires continuous, open, notorious, exclusive, and hostile use for a period of:
Answer: 10 years
New York's RPAPL § 501 requires adverse possession for a continuous period of 10 years to ripen into title.
A covenant running with the land in New York requires all of the following EXCEPT:
Answer: Recording in the county deed book
Recording is not a required element for a covenant to run with the land; the elements are intent, touch and concern, and privity of estate.
Under New York law, a purchase money mortgage has priority over:
Answer: Judgment liens that attached before the closing
A purchase money mortgage in New York has priority over judgment liens that attached to the buyer's interest before closing, as the purchase money mortgage and the conveyance are simultaneous.
A grantor conveys land by warranty deed at a time when he lacks title and later acquires title. Which doctrine automatically passes the title to the grantee?
Answer: After-acquired title (estoppel by deed)
Under the after-acquired title doctrine (estoppel by deed), if a grantor who lacked title at the time of a warranty conveyance later acquires it, title automatically passes to the original grantee.
In New York City, which law provides rent stabilization protections for tenants in buildings with six or more units built before 1974?
Answer: The Emergency Tenant Protection Act of 1974 and the Rent Stabilization Law
The Emergency Tenant Protection Act of 1974, implemented via the Rent Stabilization Law, governs rent stabilization for qualifying NYC residential buildings.