Real Property

The term “real estate” generally refers to ownership or use of land. The Real Property section of FindLaw’s Corporate Counsel Center provides information on matters such as asset protection during a lawsuit, security interests in investment properties, and information on the historical tension between two competing forces: the need for new housing as the population grows, and the scarcity of adequate water supplies in many of the places where new communities are emerging. Understanding general real estate issues facing your business is of great importance for corporate counsel, regardless of the company’s specific industry. Read more about these and other subjects under Business Operations.

Property

Real Property Articles

Asset Protection: Understanding the Fundamentals

Do you ever worry about becoming the victim of a groundless lawsuit? If so, you're not alone. Lately, society has seen a plague of lawsuits by predatory plaintiffs misusing the courts by filing suits as a kind of legal extortion. As a result, these ...
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Attorneys Fees: Course of Dealing Creates Right to Attorneys Fees

Plaintiff gave Defendants a price quote on a number of fire hydrants, to which Defendants responded by sending Plaintiff a purchase order for the hydrants. Plaintiff began shipping the fire hydrants and also sent invoices which stated that "all ...
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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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