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
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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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Real Estate
Fair Housing Act The federal Fair Housing Act prohibits discrimination in housing because of race or color, national origin, religion, sex, handicap, or familial status. Familial status refers to the discriminatory treatment of pregnant women, or of ...
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Realtor not Liable for Non-disclosure of Non-conforming use of Property
On July 28, 1995, the California Court of Appeal for the Fourth Appellate District (the greater San Diego area) handed down a decision which held that Sellers of property and their Listing Broker were not liable to Buyers of property located in a ...
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Reduction of Attorney’s Fees Due (Reasonable Fees and Incivility)
Aspen Serv., Inc. v. IT Corp., 1998 WL 300961 (Wis. App. 6/10/98). REDUCTION OF ATTORNEY'S FEES DUE (REASONABLE FEES AND INCIVILITY) - In the case at bar, the plaintiff-lessor recovered from the defendant-lessee for rent owed under an equipment ...
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Reform Of Hungarian Land Registration System
The land registration system is a key part of the legal infrastructure for a private real estate market. Reliable records of ownership, mortgages and encumbrances are necessary for acquisitions and financing. Today, reforms undertaken in Hungary in ...
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Rental Equipment Charges are Lienable
Prior to January of 1993, most construction lawyers believed that a lessor of rental equipment was entitled to assert a mechanic.s lien for charges for rental equipment used to improve real property. In January of 1993, however, the North Carolina ...
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Rules are Rules: Condominium’s Restrictions on Business Activities Upheld on Appeal
In Sea Watch Stores Limited Liability Company and the Club at Sea Watch, Ltd., v. The Council of Unit Owners of Sea Watch Condominium, 115 Md. App. 5 (1997), the Maryland Court of Special Appeals endorsed a condominium association's enactment of ...
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Sales Contract with Installments or Lease with Option to Buy?
American Family Mutual Ins. Co. v. Jepson, 1998 WL 348413 (8th Cir. S.D. 7/1/98). SALES CONTRACT WITH INSTALLMENTS OR LEASE WITH OPTION TO BUY?- The key lesson here is that courts will look to substance over form when determining the ownership of ...
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Sarbanes-Oxley Should Not Preclude All Broker-Assisted Cashless Option Exercises by Insiders
Although some law firms have advised public issuers to suspend broker-assisted cashless stock option exercises for executive officers and directors in light of Section 402 of the Sarbanes-Oxley Act, we believe, subject to certain limitations, that ...
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Second Circuit Rejects Insurance Company’s Attempt to Invalidate Insurance Contract
- When Warren Coolidge, then in his late 70s, bought a fire insurance policy to cover a rental property in Springfield, a section of the application asked for a yes or no answer to "Any claims/occurrences that may give rise to claims for the sic ...
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