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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Beware: Homeowners Have 10 Years From the Completion of Grading to Sue the Grader for Soil Defects
Leighton Nelson v. Gorian and Associates (1998) In 1988 the Nelsons of Camarillo bought a lot in a lots-only development and built a custom home on it. They found out that instead of 10 years from the date they purchased the lot in which to sue for ...
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Borrowers Beware: Some DON’TS for Home Equity Loans
The Federal Trade Commission has issued these recommendations to protect against losing your home to inappropriate lending practices ...
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Breach of Contract: Statute of Limitations: Discovery Rule
Plaintiffs granted defendants exclusive right to explore, drill, mine, produce and own all oil and gas found on their property in exchange for specified royalty payments. Plaintiffs claimed that defendants were under an obligation to act prudently ...
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But I Fell on Their Property
There is certainly no other area of the law that is so commonly misunderstood as the law controlling an owner's liability for injury to those falling on their property. We get calls constantly from those who have fallen in a store or in someone's ...
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Buying a Condominium
A condominium is a planned development that has been created pursuant to Chapter 718 of the Florida Statutes (The Condominium Act) and may be either residential or commercial in nature. It is characterized by the individual ownership of living units ...
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Buying a Home
Buying a home may be the biggest single investment of your lifetime. A life's savings may be invested in this one venture. Thus, it is extremely important that you, the prospective buyer, use the greatest caution in buying a home which will not only ...
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Canadian Property Development Overview
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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Canceling Mortgages
When someone mortgages a house or a piece of commercial property, the financial institution giving the mortgage protects itself by recording the mortgage so that the public-at-large will be able to learn of the financial institution's interest. When ...
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Changes Applicable to Both Commercial and Residential Construction
The following changes affect both commercial and residential construction: The requirements for perfecting a Mechanic's Lien Affidavit have been changed. There are four new requirements that must be added to all Mechanic's Lien Affidavits, whether ...
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Changes Applicable to Residential construction Projects Only
Deadline Shortened to Send the Notice and File the Mechanic's Lien Affidavit on a Residence. To perfect a lien on residential property a lien claimant must furnish written notice to the owner and original contractor. In order to provide owners with ...
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