Property

Property signifies dominion or right of use, control, and disposition which one may lawfully exercise over things, objects, or land. One of the basic dividing lines between property is that between real property and personal property. Generally, the term "real property" refers to land. Land, in its general usage, includes not only the face of the earth but everything of a permanent nature over or under it. This is FindLaw's collection of Real and Personal Property articles, part of the Business Operations section of the Corporate Counsel Center. Law articles in this archive are predominantly written by lawyers for a professional audience seeking business solutions to legal issues. Start your free research with FindLaw.

Property Articles
    • Pre-Funding Woes
      Clients have reported increasing pressure from vendors to pre-fund transactions. In some instances, this constitutes a requirement by the vendor that transactions be funded when equipment is shipped, rather than when it is accepted. In other cases ...

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    • Property Development: Real Estate, Land Use Planning, Municipal
      Two major universities in British Columbia have embarked on large-scale development projects using the leasehold strata development concept as a means of unlocking tremendous value without disposing of their land bases. They have discovered that ...

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    • REAL ESTATE: Washtenaw County, MI, Onsite Well and Septic Regulation
      This new regulation was effective January 1, 2000, and has totally changed the procedure for selling homes that are serviced by an on-site well and/or septic system. Under this regulation, a seller may not transfer ownership of their property unless ...

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    • New Laws Have Yet to Stem Tide of Condo Suits: Legislature's Goal Was to Curb Litigation, Lower Insurance Costs and Promote Multifamily Housing Projects
      Condominium construction defect litigation has increased dramatically in the Northwest in recent years. While some homeowners have received benefits from settlements and some judgments, these lawsuits may be a significant factor in the dramatic ...

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    • Navigable Rivers Are Public Rivers
      In a recent Pennsylvania case, a fly fishing club sued to prevent nonmembers from fishing in a section of the Lehigh River. The club leased considerable acreage along two miles of the Lehigh River and stocked the river with fish. Claiming that the ...

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    • Option to Renew Lease Must Have Determinable Price
      In T. B. Guillory, Inc. v. North American Gaming Entertainment Corporation, 1999 La. App. LEXIS 3 (La. App. 3d Cir. Jan. 6, 1999), the Third Circuit Court of Appeal held an option to renew a lease to be unenforceable because it lacked a determinable ...

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    • New Agency Disclosure Law
      A new Texas Agency Disclosure statute has been enacted to modify Section 15C of the Real Estate License Act. It became effective January 1, 1996. The Real Estate License Act is set forth in Art. 6573a of the Texas Statutes. The new law eliminates ...

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    • Ninety Means Ninety
      The Michigan Construction Lien Act (CLA) requires that a Claim of Lien be recorded with the Register of Deeds within days of the last date of work. Some have argued that the statute permits the extension of this time period if there is "substantial ...

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    • Mining and the Vanishing Surety Bond Market
      OCTOBER 22, 2003 - Over the past several years, operators in the mining and oil and gas industries have found it increasingly difficult to fulfill financial guarantee obligations required by government regulators with the typical mechanism of ...

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    • Landlord-Tenant
      At some point during their lives most people will be involved with the rental of real estate, either as landlord or tenant. Although the problems facing a landlord are just as perplexing at times as those facing the tenant, the problems facing the ...

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