BLaw - Property Law

Question 1

Land, Buildings fixed to the land, and Property under/above the land.

Answer 1

Property

Question 2

Must be in writing
Signed
Description of Property
Delivered
Recorded

Answer 2

Property

Question 3

Must be in writing
Signed
Description of property
Delivered

Answer 3

Property

Question 4

No writing required if < 1 year

Warranty of habitability is implied

Death does not terminate a lease

Sale of property does not terminate a lease

Answer 4

Property

Question 5

Tangible property; such as cars; equipment; etc.

Intangible property such as patents; trademarks; copyrights; etc.

Answer 5

Property

Question 6

Intent for it to be a gift

Delivery of the gift

Acceptance of the gift

Answer 6

Property

Question 7

Lost property - Finder’s rights to property are less than Owner’s

Abandoned property - Finder’s rights to property are greater than Owner’s

Answer 7

Property

Question 8

Undivided interest in a portion of the property

Upon death; property goes to decedent’s heirs

Answer 8

Property

Question 9

Undivided interest in entire property

Upon death; property goes to other joint tenants

Answer 9

Property