Law 2101 Chapter Notes - Chapter Property Law: Concurrent Estate, Leasehold Estate, Intangible Property
Document Summary
Property: the relationship between people in respect to things. Real property: land and anything permanently attached to the land (anything attached to buildings) is fixed and not movable. Personal property: not real property but is tangible, like furniture or is intangible like intellectual property or accounts receivables. The applicant owns land restrictions given by the wording of a deed: deed restricted william earle and his ford motor company, the applicant is a successor to the ford title. Wording of 1937 deed: this identure made between will earle and anne earle of the first part, and ford motor. Restrictive convents: personal convents: are enforceable only by or against the original parties to the deed, convents that run with the land: can be enforced or against subsequent owners of specific lands. There was not a rule that at the date of the agreement so there must be a co-existence of the dominant and servient tenements.
