BUSI 561 Lecture Notes - Lecture 3: Adverse Possession
29 Jan 2015
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You have profoundly explained what it means by joint tenant with right to survivorship when parties are holding their titles on property together. However, since you have already provided with the class a well-drafted essay on this topic, i would like to share with you on the eminent domain that barney is having over this beach house. Eminent domain is the power of the state to seize private property without the owner"s consent (columbia university). Although there is nothing that barney can do to reject about the eminent domain, however, he can oppose the compensation if he feels that his beach house worth more than what the compensations are. As his attorney, i will do my very best and work with real estate professionals in this regard and find out the actual fair-market value on his property and get him the compensations that he deserves.
