BUS 202 Lecture Notes - Lecture 6: Quiet Title, Leasehold Estate, Concurrent Estate
Document Summary
People can preserve their ownership by paying taxes on their property: loss, (cid:373)islaid, a(cid:374)d a(cid:271)a(cid:374)do(cid:374)ed p(cid:396)ope(cid:396)ty- rights of true owner vs. person who found it vs. owner of the property where it was found. Abandoned: intentionally left it somewhere with no intention of reclaiming it ( Mislaid: accidentally left it somewhere (original owner gets it back not property owner: o(cid:449)(cid:374)e(cid:396)ship th(cid:396)ough (cid:272)o(cid:374)fusio(cid:374)- (cid:862)g(cid:396)ai(cid:374)s i(cid:374) a silo(cid:863) if (cid:272)o(cid:374)fusio(cid:374) o(cid:272)(cid:272)u(cid:396)s (cid:271)y a(cid:374) ho(cid:374)est (cid:373)istake, the owners own a proportion. If there is an intentional confusion, the innocent party becomes the owner: a(cid:272)(cid:272)essio(cid:374)- enhanced property that old owner still owns, pg. (cid:1006)(cid:1004)5 (cid:894)study(cid:895) types of o(cid:449)(cid:374)e(cid:396)ship: 3. leasehold estate- property right granted to tenants by landlord.
