Law 2101 Lecture Notes - Lecture 7: Georg Simmel, Fee Simple, Title Insurance
31 Jan 2018
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If you have property, you have power and influence. Right off the bat we are discussing the la(cid:449)s of (cid:449)ho has (cid:449)ealth, po(cid:449)er a(cid:374)d i(cid:374)flue(cid:374)(cid:272)e, a(cid:374)d (cid:449)ho does(cid:374)"t. It is fixed and not moveable: personal property: everything that is not real property. Either tangible or intangible: fixtures are things that are attached to real property (ex. a toilet, not all fixtures are real property. January 30, 2018: have to make a distinction when discussing property. The holder of the interest has the right to possess the land during and only during their lifetime. After they pass away it goes elsewhere: leasehold estate right to possession of the space under lease pursuant to your lease contract. Joint tenancy (joint ownership: right of survivorship, equal interests, tenancy in common (co-ownership, no right of survivorship, potential unequal interests, court: ordered that the property be sold because joint ownership was no longer possible.
