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
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