A lien for federal estate taxes is a voluntary lien.
A creditor foreclosing on a joint tenant’s pledged interest becomes a joint tenant.
Homeowners’ associations cannot restrict color schemes.
Regulation of property can never constitute a taking.
The EPA program for self-reporting reduces fines by a maximum of 50 percent.
All-adult zoning restrictions are unconstitutional.
Nuisance is a common law anti’‘pollution doctrine.
Landowners are strictly liable for criminal conduct of others that occurs on their
property.
Home equity loans have special disclosure provisions under Regulation Z.
An escrow agent cannot be held liable for embezzlement by employees.
In an open listing, the seller may list the same property with more than one broker
without fear of additional commission liability.
Clauses in listing agreements exculpating brokers from liability to the seller are valid.
The following excerpts from letter negotiations on land occurred between Magnus
Matthews and Elaine Brown.
January 4, 2013
Dear Magnus,
I am interested in buying that lot you showed me last Saturday. You talked about
$40,000 as a price. That sounds good to me. Let’s meet Wednesday at Frisco Kid’s to
iron out details.
Elaine
January 4, 2013 (via fax)
Elaine,
$40,000 is the price. Cash only. I’ll see you Wednesday at 5:30.
Magnus
On January 5, 2013, a developer came to Magnus with $40,000 cash and asked to buy
the lot. Magnus signed a contract and accepted a $4,000 earnest money deposit. On
January 6, 2013, Magnus met Elaine at Frisco Kid’s and said when he first spotted her,
‘Sorry, kid. I sold the lot yesterday. Cash straight up. Let’s talk about any of my other
lots.’ Did Magnus and Elaine have a contract?
The dominant estate is the one holding the easement.
The English rule with regard to trade fixtures was that all trade fixtures were real
property.
Explain the role that flippers played in the collapse of the mortgage markets in 2008.
The murderer of a decedent cannot inherit from that decedent.
A non’‘freehold estate is non’‘inheritable.
Computation of gross sales in leases is often a subject of litigation.
The Rule Against Perpetuities is applicable to reversions.
CAM is another term for operating expense.