Property Ownership
The PETE mnemonic in real estate stands for the government's four powers over real estate:
APolice power, Eminent domain, Taxation, Escheat✓ Correct
BPurchase, Easement, Title, Encumbrance
CProperty, Equity, Transfer, Encumbrance
DPolice power, Equity, Taxation, Easement
Explanation
PETE: Police power (zoning/regulation), Eminent domain (taking for public use), Taxation (property taxes), and Escheat (property reverts to state if owner dies without heirs or will).
Related California Property Ownership Questions
- What is 'tenancy by the entirety'?
- Community property in California means:
- A property owner has the right to use, exclude others, and dispose of their property. These rights collectively are referred to as:
- Adverse possession in California requires continuous, open, notorious, hostile, and exclusive use for a statutory period of:
- An easement appurtenant involves which of the following?
- Under the doctrine of accretion, a landowner gains additional land when:
- Which of the following BEST describes a life estate in California?
- Under California law, how can a joint tenancy be severed by one co-owner without the consent of the other joint tenants?
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