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

Property Articles

Contracts for Life-time Employment Must be in Writing

The Illinois Supreme Court ruled recently that a contract for lifetime employment is not enforceable if it is not in writing. The decision sets Illinois apart from many other states on this issue. McInerney v. Charter Golf, Inc. McInerney alleged ...
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Cooley Alert: Fair Labor Standards Act Amended to Exclude Some But Not All Stock Option Compensation from Overtime Calculations

President Clinton has signed into law the Worker Economic Opportunity Act (the "Act") which amends the Fair Labor Standards Act (the "FLSA") to clarify that an employer must exclude compensation attributable to a stock option, stock appreciation ...
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Cooley Alert: Non-Competes-Stock Option Forfeitures

A recent decision of the U.S. Court of Appeals for the Ninth Circuit has prompted employers in California to consider whether to require an employee to forfeit stock option gains if the former employee goes to work for a competitor. This decision ...
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Cooperative and Condominium Law

In the past five years there have been radical changes in the field of cooperative and condominium law by legislation and judicial decisions at the Federal, State and local levels which have, and will continue to have, an impact upon the business ...
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Court Ruling Assists Investors

Investors who own rental properties should be pleased with a new decision by the California Supreme Court in the area of tort liability for claims made by tenants who suffer injuries due to allegedly defective conditions of products in the ...
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Courts Are Evaluating Restrictive Covenants in Physician Employment Contracts in Favor of Professional Mobility and Public Access to Care and Facilities

Reprinted with permission of THE HEALTH LAWYER The ABA Health Law Section As physicians' practice structures continue to evolve from sole proprietorships or small partnerships to larger integrated groups, physicians must be ever mindful of changes ...
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Courts Frown on Economic Development Condemnations in 2002

While municipalities and states continue to aggressively court private business by offering them other people's land, their efforts met with decidedly unfavorable results in the courts this year. In the first state supreme court decision in recent ...
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Critical Issues to Consider When Negotiating Water & Wastewater Concessions

Although traditionally the province of state and municipal authorities, a variety of forces have converged lately to create tremendous opportunities for private companies seeking to participate in the ownership and operation of water and wastewater ...
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Crop Loss Disaster Assistance Program Frequently Asked Questions (FAQ)

Last Updated: Tuesday, February 16, 1999 09:39:57 AM Crop losses must be directly attributed to adverse weather and related conditions. Applications will be accepted in the local Service Center Office beginning February 1, 1999 No. FSA will ...
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Deeb’s Top Ten List of Construction Lien Errors

The Florida Construction Lien Laws found in Chapter 713, Florida Statutes have been held by Florida Courts to require "strict construction". Therefore, careful attention to the details of time periods and notice requirements are essential to ...
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