Property Law Flashcards
Land, Buildings fixed to the land, and Property under/above the land.
Property
Must be in writing Signed Description of Property Delivered Recorded
Property
Must be in writing Signed Description of property Delivered
Property
No writing required if < 1 year Warranty of habitability is implied Death does not terminate a lease Sale of property does not terminate a lease
Property
Tangible property; such as cars; equipment; etc. Intangible property such as patents; trademarks; copyrights; etc.
Property
Intent for it to be a gift Delivery of the gift Acceptance of the gift
Property
Lost property - Finder’s rights to property are less than Owner’s Abandoned property - Finder’s rights to property are greater than Owner’s
Property
Undivided interest in a portion of the property Upon death; property goes to decedent’s heirs
Property
Undivided interest in entire property Upon death; property goes to other joint tenants
Property