BUSI 561 Lecture Notes - Lecture 3: New King James Version, Title Insurance, Closing Argument
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You have done a wonderful job for this week"s discussion forum. You have provided with us a very detailed analysis on all the aspects of a wide range of property issues that barney has with his properties. I would like to share with you on the mountain property that barney has but opie was able to pull a loan from it. From the legal perspective, since barney is the sole owner of the mountain property and the lender of opie will not have any legal ground to take any legal action against. Barney"s property regarding the breach of the re-payment obligation by opie. Moreover, there is no issue of lapsed devises in a will in this case as barney is still alive and he is the only survivor of the rest of deeded interest-holders of the mountain property (harvard law review.