Description

Book Synopsis
The easy way to make sense of property law Understanding property law is vital for all aspiring lawyers and legal professionals, and property courses are foundational classes within all law schools.

Table of Contents

Introduction 1

About This Book 1

Conventions Used in This Book 2

What You’re Not to Read 2

Foolish Assumptions 2

How This Book Is Organized 3

Part I: Introducing Property Law 3

Part II: Understanding Real Property Rights 3

Part III: Looking at Shared and Divided Property Ownership 4

Part IV: Acquiring and Transferring Property Rights 4

Part V: The Part of Tens 5

Icons Used in This Book 5

Where to Go from Here 6

Part I: Introducing Property Law 7

Chapter 1: Getting the Lowdown on Property Law 9

Defining Property 9

Viewing property as legal rights 10

Categorizing property as real or personal 11

Describing the Duration and Sharing of Ownership 12

Acquiring Original Property Rights 13

Transferring Property Rights to Another 14

Chapter 2: Defining Property in Legal Terms 15

Distinguishing between Real and Personal Property 15

The real world: Land and buildings 16

A personal touch: Everything else that can be owned 16

Describing a Property Owner’s Rights 17

Possessing property 17

Using property 18

Excluding others from your property 18

Transferring property 18

Limiting a Property Owner’s Rights 19

Declaring default common law rules 19

Modifying property rights by contract 19

Publicly regulating property 20

Exploring Remedies for Violations of Property Rights 20

Common law forms of action 21

Legal and equitable remedies 22

Chapter 3: Considering Property Ownership 23

Defining Title 23

Acquiring Title 24

The first owners: Identifying original government title 24

Patents: Conveying government land to individuals 25

Acquiring private land for the public 26

Conveying title to private land during life 27

Transferring property by will 27

To the heirs: Distributing property by intestate succession 28

Acquiring title by taking possession 30

Selling property by judicial order 30

Sharing and Dividing Property Ownership 31

Defining present and future estates 32

Understanding undivided concurrent ownership 33

Part II: Understanding Real Property Rights 35

Chapter 4: Identifying Common Law Rights in Real Property 37

Nuisance Law: Enjoying Property without Unreasonable Interference 38

Determining whether an activity is a nuisance 38

Substantially harming the landowner 40

Remedying nuisances 40

Altering How Surface Water Drains 41

The reasonable use rule: Altering drainage reasonably 41

The common enemy rule: Protecting your own land 42

The civil law rule: Paying for any harm you cause 42

Regulating Water Rights 43

Claiming water from watercourses 43

Drawing water from underground 45

Extracting Oil and Gas from Underground 46

The rule of capture: “Go and do likewise” 47

Modifying the rule of capture 47

Avoiding Landslides and Subsidence: Supporting Land 48

Laterally supporting adjacent land in its natural state 49

Laterally supporting nearby land and improvements to land 50

Supporting land from beneath 50

No Trespassing! Excluding Others from Land 51

Considering what constitutes a trespass 51

Remedying trespasses 53

Using Airspace 53

Defining boundaries in the air 54

Using and protecting airspace 54

Chapter 5: Adjusting Rights by Private Agreement: Covenants 55

Introducing Land-Related Covenants 55

Enforcing a Running Covenant at Law 56

Determining intent for a covenant to run 58

Deciding whether a covenant touches and concerns the relevant land 59

Establishing vertical privity 61

Satisfying the horizontal privity requirement 63

Enforcing a Covenant in Equity 64

Enforcing covenants without privity 64

Requiring notice of the covenant 65

Remedying a breach of a covenant in equity 66

Burdens for the Benefit of All: Enforcing Implied Reciprocal Covenants 67

Inferring covenants from a common development plan 67

Implying intent to run 69

Giving notice of implied covenant 70

Interpreting Covenants 71

Amending Covenants 72

Terminating Covenants 73

Invalidating covenants that restrain alienation 74

Terminating a covenant because of changed circumstances 74

Waiving a covenant 75

Abandoning a covenant 76

Refusing to enforce unreasonable covenants 77

Analyzing a Covenant Dispute 78

Chapter 6: Giving Others the Right to Use Your Land: Easements 79

Grasping the Basics of Easements 79

Distinguishing affirmative and negative easements 80

Describing profits 81

Telling easements apart from licenses 81

Knowing what’s an easement and what’s a covenant 82

Creating Easements 83

Looking at express easements 83

Avoiding the statute of frauds 84

Implying easements three ways 86

Over time: Acquiring easements by prescription 89

Interference and Trespasses: Determining the Scope of Easements 92

Prohibiting interference by the servient owner 92

Preventing use that benefits nondominant land 93

Changing the type or purpose of use 94

Increasing the burden on the servient land 94

Maintaining the easement 95

Transferring and Dividing Easements 96

Sticking to the land: Transferring appurtenant easements 96

Dividing appurtenant easements 97

Transferring easements in gross 97

Dividing easements in gross 98

Terminating Easements 99

Terminating easements by express release or agreement 99

Ending easements by merging dominant and servient estates 100

Abandoning easements 100

Terminating easements by estoppel 101

Extinguishing easements by adverse use 102

Chapter 7: Zeroing In on Zoning 103

Discovering Who Typically Regulates Land Use 103

Regulating the Big Three: Use, Height, and Bulk 104

Protecting Nonconformities from New Zoning Restrictions 105

Permitting Conditional Uses 106

Avoiding Unnecessary Hardship with Variances 107

Demonstrating inability to reasonably use the land as zoned 108

Explaining why unique conditions require a variance 108

Avoiding alteration of the essential character of the locality 109

Amending Zoning 109

Requiring consistency with a comprehensive plan 110

Invalidating spot zoning 111

Chapter 8: Recognizing the Limits of Public Regulation 113

Looking for the Local Power Source: State Enabling Statutes 113

Explaining Property Deprivations: Substantive Due Process 115

Identifying a deprivation of property 115

Deciding whether a regulation is rational 116

Considering whether a regulation advances a public purpose 117

Compensating for Property Taken for Public Use 119

Compensating for condemnations 120

Figuring out when a regulation is a taking 121

Remedying regulatory takings: Paying up 125

Treating Similarly Situated Owners the Same: Equal Protection 125

Looking for rational differences in treatment 126

Remedying equal protection violations 128

Respecting Free Speech Rights 128

Regulating the land use effects of speech 129

Regulating the content of speech 129

Part III: Looking at Shared and Divided Property Ownership 131

Chapter 9: Dividing Ownership over Time: Estates 133

Introducing the Concept of Present and Future Estates in Land 134

Creating and Distinguishing the Present Estates 134

Creating a fee simple: No expiration 135

Dealing with the fee tail: Direct descendants 135

Limiting a present estate to life 136

Making Present Estates Defeasible: Conditional Endings 136

Determinable estates 137

Estates on condition subsequent 137

Estates subject to an executory limitation 137

Identifying Future Estates 138

Reversionary interests 139

Nonreversionary interests: Creating future estates in others 140

Describing the present estate the future estate holder will own 141

Distinguishing contingent and vested remainders 143

Interpreting grants to heirs 144

Restricting Certain Future Estates via Common Law Rules 146

Destroying contingent remainders 146

Invalidating restraints on alienation 147

Limiting Nonreversionary Interests: The Rule against Perpetuities 148

Understanding the interests subject to the rule 149

Determining the moment of vesting 149

Considering lives in being 150

Modifying the rule by statute 153

Transferring Present and Future Estates 153

Governing the Relationship between Owners of Present and Future Estates 154

Taking a closer look at waste 155

Forcing the judicial sale of real property in fee simple absolute 156

Chapter 10: Sharing Property: Concurrent Ownership 159

Concurrent Ownership: Owning the Same Property at the Same Time 160

Getting Familiar with Tenancy in Common 160

Creating a tenancy in common 161

Understanding fractional shares 161

Transferring one’s interest 162

Taking a Closer Look at Joint Tenancy 162

Overcoming the presumption of tenancy in common: Creating a joint tenancy 163

Satisfying the four unities: Time, title, interest, and possession 163

Understanding the right of survivorship 164

Severing the joint tenancy 165

Examining Tenancy by the Entirety 167

Creating a tenancy by the entirety 167

Restricting transfers by tenants by the entirety 168

Till death do us part? Terminating a tenancy by the entirety 169

Governing the Relationship among Cotenants 169

Using the concurrently owned property 169

Paying expenses 170

Renting the property 172

Acquiring interests in the property 172

Avoiding waste 173

Breaking Up: Terminating Concurrent Ownership by Partition 174

Partitioning voluntarily: Deciding to split property or proceeds 174

Compelling partition 175

Court orders: Dividing the property physically or by sale 175

Fair shares: Accounting among cotenants 177

Restraining partition 178

Creating and Owning Condominiums 178

Creating a condominium 178

Owning individual units 179

Owning common areas 180

Managing common areas 180

Chapter 11: Owning Property in Marriage 181

Protecting the Surviving Spouse 182

Yours, Mine, and Ours: Community Property Systems 183

Distinguishing separate property from community property 183

Transferring and dividing property 184

Protecting Homesteads 185

Dividing Property upon Divorce 186

Classifying property to be distributed 187

Valuing property to be distributed 188

Distributing property 188

Chapter 12: Leasing Property: Landlord-Tenant Law 191

Distinguishing Leaseholds from Other Interests 191

Licensing versus leasing 192

Comparing easements and leases 193

Creating and Differentiating the Four Types of Tenancies 193

Fixed-term tenancy 194

Periodic tenancy 194

Tenancy at will 195

Tenancy at sufferance 195

Possessing the Leased Premises 195

Delivering possession to the tenant 196

Covenanting not to disturb the tenant’s quiet enjoyment 197

Maintaining the Leased Premises 198

Understanding common law duties 198

Contracting to maintain the premises 198

Taking a look at constructive eviction 199

Warranting habitability of the premises 200

Protecting third parties from injury 203

Transferring the Leasehold 205

Restraining the tenant’s right to transfer 205

Transferring all or part of the tenant’s estate 207

Holding transferring tenants liable for subsequent breaches of the lease 208

Terminating the Leasehold 209

Terminating pursuant to agreement 209

Abandoning the leased property 210

Terminating the leasehold in other ways 211

Holding over after termination of lease 212

Applying and refunding security deposits 213

Evicting the Tenant 213

Evicting by self-help 214

Evicting by summary procedure 215

Part IV: Acquiring and Transferring Property Rights 217

Chapter 13: Acquiring Rights by Finding and Possessing Personal Property 219

Taking a Closer Look at Possession 219

Resolving Claims among Competing Possessors 220

Intending to control 221

Determining whether someone interfered with possession 221

Getting possession by trespassing 221

Becoming an Owner by Possessing Unowned Property 222

Taking Possession of Owned Property 223

Protecting the owner’s rights 223

Describing bailments and the possessor’s duties to the owner 224

Examining the Possessor’s Ownership Rights against Third Parties 225

Resolving Conflicts between a Finder and the Landowner 226

Keeping mislaid property with the landowner 226

Possessing embedded property 228

Recovering treasure trove 228

Discouraging wrongdoing by the finder 229

Reforming the Common Law by Statute 230

Finding the owner 230

Rewarding the finder if the owner shows up 230

Awarding the property to the finder if the owner doesn’t claim it 230

Determining when the lost property statute applies 231

Escheating property to the state 231

Chapter 14: Becoming an Owner by Adverse Possession 233

Getting Acquainted with Adverse Possession 233

Clearing up ownership on the ground 233

Applying the statute of limitations to ejectment 234

Exploring the Elements of Adverse Possession 236

Element #1: Actually Possessing the Property 237

Defining actual possession 237

Determining the scope of possession 238

Possessing under color of title 239

Paying taxes 239

Element #2: Possessing Exclusively 239

Element #3: Possessing Openly and Notoriously 240

Element #4: Possessing Adversely 241

Possessing by right rather than permission 241

Using the property as an owner 242

Element #5: Possessing Continuously and without Interruption 243

Defining continuous possession 243

Interrupting possession 244

Element #6: Possessing for the Statutory Period 245

Determining the required period 245

Combining periods of possession 245

Understanding Title by Adverse Possession 246

Quieting adverse possession title 246

Identifying the interests affected 247

Chapter 15: Contracting to Sell Land 249

Creating an Enforceable Contract to Sell Real Property 250

Requiring a signed writing 250

Identifying essential elements of a writing 251

Amending or rescinding the purchase agreement 252

Making an exception when an oral agreement is partly performed 252

Specifying Deadlines for Performance 254

Remedying an immaterial breach of a deadline 254

Remedying a material breach of a deadline 255

Conditioning the Parties’ Obligations to Perform 257

Tendering the deed and purchase price 258

Requiring marketable title 258

Obtaining financing 263

Considering other conditions 264

Managing the Risk of Loss 265

Allocating risk by equitable conversion 266

Contracting about risks 267

Insuring against risks 267

Remedying Breaches of Contract 268

Calculating damages 269

Liquidating damages 269

Specifically performing the contract 270

Disclosing Latent, Material Facts 270

Implicitly Warranting Workmanship and Habitability 271

Chapter 16: Conveying Title by Deeds 273

Merging a Purchase Agreement with a Deed 273

Recognizing the Formal Requirements for a Deed 275

Identifying the parties 275

Identifying the land 275

Expressing intent to convey 279

Signing the deed 280

The Handoff: Delivering and Accepting a Deed 280

Performing acts intended to make a deed effective 280

Delivering by escrow 281

Delivering by escrow at death 283

Accepting delivery of a deed 283

Warranting Title in a Deed 283

Covering the various covenants 284

Distinguishing present and future covenants 286

Limiting or omitting warranties: Distinguishing types of deeds 289

Remedying breaches of title covenants 292

Chapter 17: Recording Title 295

Understanding Priority Disputes 295

Recording Documents 296

Identifying recordable documents 297

Complying with conditions for recording 298

Using Indexes to Find Recorded Documents 298

Distinguishing the Three Types of Recording Statutes 300

Determining Whether an Interest Is Recorded 301

Recording a document improperly 301

Being unable to find a recorded document 301

Paying Value for Property Interest 303

Taking Property Interest without Notice 305

Actual knowledge 305

Constructive notice 306

Inquiry notice 308

Protecting Subsequent Purchasers from Unlikely Claims 308

Curing defects by title curative acts 309

Eliminating specific old interests 309

Applying marketable title acts 310

Chapter 18: Mortgaging Real Property 311

Introducing Mortgages and Deeds of Trust 312

Possessing the Property before Foreclosure 312

Taking possession 313

Appointing a receiver 313

Selling Property in Foreclosure 315

Curing default or exercising equity of redemption 315

Extinguishing junior interests 317

Distributing the proceeds of a foreclosure sale 318

Recovering deficiency from borrower 320

Protecting Mortgagor by Statute 320

Anti-deficiency statutes 321

One-action statutes 322

Statutory rights of redemption 322

Transferring Mortgaged Property 324

Restricting transfer 324

Assuming mortgage debt 325

Enforcing a mortgage against the transferor 325

Transferring Mortgage 326

Part V: The Part of Tens 327

Chapter 19: Ten Notable Property Cases 329

Spur Industries, Inc V Del E Webb Development Co 329

Tulk V Moxhay 330

Sanborn V Mclean 331

Village of Euclid V Ambler Realty Co 332

Penn Central Transportation Co V City of New York 333

Lucas V South Carolina Coastal Council 334

Javins V First National Realty Corp 335

Armory V Delamirie 336

Pierson V Post 337

Stambovsky V Ackley 338

Chapter 20: Ten Common Mistakes in Applying Property Law 339

Misapplying the Rule against Perpetuities 339

Mislabeling Present and Future Estates 340

Misunderstanding Hostility 341

Considering the Intent to Create a Covenant Rather than Intent to Run 342

Considering Only Notice of a Covenant’s Burden 343

Applying Estoppel or Part Performance without Evidence of an Agreement 343

Deciding a Joint Tenancy Exists without the Four Unities and Express Intent 344

Applying the Equitable Conversion Doctrine Where It Doesn’t Apply 344

Failing to Identify the Landlord’s Wrongful Act in a Constructive Eviction 345

Applying Purchase Agreements after Closing and Deeds before Closing 346

Chapter 21: Ten Property Subjects Commonly Tested in Bar Exams 347

Purchase Agreements 348

Mortgages 348

Deeds 348

Recording Acts 348

Landlord-Tenant Law 349

Estates 349

Concurrent Ownership 349

Covenants 349

Easements 350

Adverse Possession 350

Index 351

Property Law For Dummies

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    A Paperback / softback by Alan R. Romero


      View other formats and editions of Property Law For Dummies by Alan R. Romero

      Publisher: John Wiley & Sons Inc
      Publication Date: 25/01/2013
      ISBN13: 9781118375396, 978-1118375396
      ISBN10: 1118375394

      Description

      Book Synopsis
      The easy way to make sense of property law Understanding property law is vital for all aspiring lawyers and legal professionals, and property courses are foundational classes within all law schools.

      Table of Contents

      Introduction 1

      About This Book 1

      Conventions Used in This Book 2

      What You’re Not to Read 2

      Foolish Assumptions 2

      How This Book Is Organized 3

      Part I: Introducing Property Law 3

      Part II: Understanding Real Property Rights 3

      Part III: Looking at Shared and Divided Property Ownership 4

      Part IV: Acquiring and Transferring Property Rights 4

      Part V: The Part of Tens 5

      Icons Used in This Book 5

      Where to Go from Here 6

      Part I: Introducing Property Law 7

      Chapter 1: Getting the Lowdown on Property Law 9

      Defining Property 9

      Viewing property as legal rights 10

      Categorizing property as real or personal 11

      Describing the Duration and Sharing of Ownership 12

      Acquiring Original Property Rights 13

      Transferring Property Rights to Another 14

      Chapter 2: Defining Property in Legal Terms 15

      Distinguishing between Real and Personal Property 15

      The real world: Land and buildings 16

      A personal touch: Everything else that can be owned 16

      Describing a Property Owner’s Rights 17

      Possessing property 17

      Using property 18

      Excluding others from your property 18

      Transferring property 18

      Limiting a Property Owner’s Rights 19

      Declaring default common law rules 19

      Modifying property rights by contract 19

      Publicly regulating property 20

      Exploring Remedies for Violations of Property Rights 20

      Common law forms of action 21

      Legal and equitable remedies 22

      Chapter 3: Considering Property Ownership 23

      Defining Title 23

      Acquiring Title 24

      The first owners: Identifying original government title 24

      Patents: Conveying government land to individuals 25

      Acquiring private land for the public 26

      Conveying title to private land during life 27

      Transferring property by will 27

      To the heirs: Distributing property by intestate succession 28

      Acquiring title by taking possession 30

      Selling property by judicial order 30

      Sharing and Dividing Property Ownership 31

      Defining present and future estates 32

      Understanding undivided concurrent ownership 33

      Part II: Understanding Real Property Rights 35

      Chapter 4: Identifying Common Law Rights in Real Property 37

      Nuisance Law: Enjoying Property without Unreasonable Interference 38

      Determining whether an activity is a nuisance 38

      Substantially harming the landowner 40

      Remedying nuisances 40

      Altering How Surface Water Drains 41

      The reasonable use rule: Altering drainage reasonably 41

      The common enemy rule: Protecting your own land 42

      The civil law rule: Paying for any harm you cause 42

      Regulating Water Rights 43

      Claiming water from watercourses 43

      Drawing water from underground 45

      Extracting Oil and Gas from Underground 46

      The rule of capture: “Go and do likewise” 47

      Modifying the rule of capture 47

      Avoiding Landslides and Subsidence: Supporting Land 48

      Laterally supporting adjacent land in its natural state 49

      Laterally supporting nearby land and improvements to land 50

      Supporting land from beneath 50

      No Trespassing! Excluding Others from Land 51

      Considering what constitutes a trespass 51

      Remedying trespasses 53

      Using Airspace 53

      Defining boundaries in the air 54

      Using and protecting airspace 54

      Chapter 5: Adjusting Rights by Private Agreement: Covenants 55

      Introducing Land-Related Covenants 55

      Enforcing a Running Covenant at Law 56

      Determining intent for a covenant to run 58

      Deciding whether a covenant touches and concerns the relevant land 59

      Establishing vertical privity 61

      Satisfying the horizontal privity requirement 63

      Enforcing a Covenant in Equity 64

      Enforcing covenants without privity 64

      Requiring notice of the covenant 65

      Remedying a breach of a covenant in equity 66

      Burdens for the Benefit of All: Enforcing Implied Reciprocal Covenants 67

      Inferring covenants from a common development plan 67

      Implying intent to run 69

      Giving notice of implied covenant 70

      Interpreting Covenants 71

      Amending Covenants 72

      Terminating Covenants 73

      Invalidating covenants that restrain alienation 74

      Terminating a covenant because of changed circumstances 74

      Waiving a covenant 75

      Abandoning a covenant 76

      Refusing to enforce unreasonable covenants 77

      Analyzing a Covenant Dispute 78

      Chapter 6: Giving Others the Right to Use Your Land: Easements 79

      Grasping the Basics of Easements 79

      Distinguishing affirmative and negative easements 80

      Describing profits 81

      Telling easements apart from licenses 81

      Knowing what’s an easement and what’s a covenant 82

      Creating Easements 83

      Looking at express easements 83

      Avoiding the statute of frauds 84

      Implying easements three ways 86

      Over time: Acquiring easements by prescription 89

      Interference and Trespasses: Determining the Scope of Easements 92

      Prohibiting interference by the servient owner 92

      Preventing use that benefits nondominant land 93

      Changing the type or purpose of use 94

      Increasing the burden on the servient land 94

      Maintaining the easement 95

      Transferring and Dividing Easements 96

      Sticking to the land: Transferring appurtenant easements 96

      Dividing appurtenant easements 97

      Transferring easements in gross 97

      Dividing easements in gross 98

      Terminating Easements 99

      Terminating easements by express release or agreement 99

      Ending easements by merging dominant and servient estates 100

      Abandoning easements 100

      Terminating easements by estoppel 101

      Extinguishing easements by adverse use 102

      Chapter 7: Zeroing In on Zoning 103

      Discovering Who Typically Regulates Land Use 103

      Regulating the Big Three: Use, Height, and Bulk 104

      Protecting Nonconformities from New Zoning Restrictions 105

      Permitting Conditional Uses 106

      Avoiding Unnecessary Hardship with Variances 107

      Demonstrating inability to reasonably use the land as zoned 108

      Explaining why unique conditions require a variance 108

      Avoiding alteration of the essential character of the locality 109

      Amending Zoning 109

      Requiring consistency with a comprehensive plan 110

      Invalidating spot zoning 111

      Chapter 8: Recognizing the Limits of Public Regulation 113

      Looking for the Local Power Source: State Enabling Statutes 113

      Explaining Property Deprivations: Substantive Due Process 115

      Identifying a deprivation of property 115

      Deciding whether a regulation is rational 116

      Considering whether a regulation advances a public purpose 117

      Compensating for Property Taken for Public Use 119

      Compensating for condemnations 120

      Figuring out when a regulation is a taking 121

      Remedying regulatory takings: Paying up 125

      Treating Similarly Situated Owners the Same: Equal Protection 125

      Looking for rational differences in treatment 126

      Remedying equal protection violations 128

      Respecting Free Speech Rights 128

      Regulating the land use effects of speech 129

      Regulating the content of speech 129

      Part III: Looking at Shared and Divided Property Ownership 131

      Chapter 9: Dividing Ownership over Time: Estates 133

      Introducing the Concept of Present and Future Estates in Land 134

      Creating and Distinguishing the Present Estates 134

      Creating a fee simple: No expiration 135

      Dealing with the fee tail: Direct descendants 135

      Limiting a present estate to life 136

      Making Present Estates Defeasible: Conditional Endings 136

      Determinable estates 137

      Estates on condition subsequent 137

      Estates subject to an executory limitation 137

      Identifying Future Estates 138

      Reversionary interests 139

      Nonreversionary interests: Creating future estates in others 140

      Describing the present estate the future estate holder will own 141

      Distinguishing contingent and vested remainders 143

      Interpreting grants to heirs 144

      Restricting Certain Future Estates via Common Law Rules 146

      Destroying contingent remainders 146

      Invalidating restraints on alienation 147

      Limiting Nonreversionary Interests: The Rule against Perpetuities 148

      Understanding the interests subject to the rule 149

      Determining the moment of vesting 149

      Considering lives in being 150

      Modifying the rule by statute 153

      Transferring Present and Future Estates 153

      Governing the Relationship between Owners of Present and Future Estates 154

      Taking a closer look at waste 155

      Forcing the judicial sale of real property in fee simple absolute 156

      Chapter 10: Sharing Property: Concurrent Ownership 159

      Concurrent Ownership: Owning the Same Property at the Same Time 160

      Getting Familiar with Tenancy in Common 160

      Creating a tenancy in common 161

      Understanding fractional shares 161

      Transferring one’s interest 162

      Taking a Closer Look at Joint Tenancy 162

      Overcoming the presumption of tenancy in common: Creating a joint tenancy 163

      Satisfying the four unities: Time, title, interest, and possession 163

      Understanding the right of survivorship 164

      Severing the joint tenancy 165

      Examining Tenancy by the Entirety 167

      Creating a tenancy by the entirety 167

      Restricting transfers by tenants by the entirety 168

      Till death do us part? Terminating a tenancy by the entirety 169

      Governing the Relationship among Cotenants 169

      Using the concurrently owned property 169

      Paying expenses 170

      Renting the property 172

      Acquiring interests in the property 172

      Avoiding waste 173

      Breaking Up: Terminating Concurrent Ownership by Partition 174

      Partitioning voluntarily: Deciding to split property or proceeds 174

      Compelling partition 175

      Court orders: Dividing the property physically or by sale 175

      Fair shares: Accounting among cotenants 177

      Restraining partition 178

      Creating and Owning Condominiums 178

      Creating a condominium 178

      Owning individual units 179

      Owning common areas 180

      Managing common areas 180

      Chapter 11: Owning Property in Marriage 181

      Protecting the Surviving Spouse 182

      Yours, Mine, and Ours: Community Property Systems 183

      Distinguishing separate property from community property 183

      Transferring and dividing property 184

      Protecting Homesteads 185

      Dividing Property upon Divorce 186

      Classifying property to be distributed 187

      Valuing property to be distributed 188

      Distributing property 188

      Chapter 12: Leasing Property: Landlord-Tenant Law 191

      Distinguishing Leaseholds from Other Interests 191

      Licensing versus leasing 192

      Comparing easements and leases 193

      Creating and Differentiating the Four Types of Tenancies 193

      Fixed-term tenancy 194

      Periodic tenancy 194

      Tenancy at will 195

      Tenancy at sufferance 195

      Possessing the Leased Premises 195

      Delivering possession to the tenant 196

      Covenanting not to disturb the tenant’s quiet enjoyment 197

      Maintaining the Leased Premises 198

      Understanding common law duties 198

      Contracting to maintain the premises 198

      Taking a look at constructive eviction 199

      Warranting habitability of the premises 200

      Protecting third parties from injury 203

      Transferring the Leasehold 205

      Restraining the tenant’s right to transfer 205

      Transferring all or part of the tenant’s estate 207

      Holding transferring tenants liable for subsequent breaches of the lease 208

      Terminating the Leasehold 209

      Terminating pursuant to agreement 209

      Abandoning the leased property 210

      Terminating the leasehold in other ways 211

      Holding over after termination of lease 212

      Applying and refunding security deposits 213

      Evicting the Tenant 213

      Evicting by self-help 214

      Evicting by summary procedure 215

      Part IV: Acquiring and Transferring Property Rights 217

      Chapter 13: Acquiring Rights by Finding and Possessing Personal Property 219

      Taking a Closer Look at Possession 219

      Resolving Claims among Competing Possessors 220

      Intending to control 221

      Determining whether someone interfered with possession 221

      Getting possession by trespassing 221

      Becoming an Owner by Possessing Unowned Property 222

      Taking Possession of Owned Property 223

      Protecting the owner’s rights 223

      Describing bailments and the possessor’s duties to the owner 224

      Examining the Possessor’s Ownership Rights against Third Parties 225

      Resolving Conflicts between a Finder and the Landowner 226

      Keeping mislaid property with the landowner 226

      Possessing embedded property 228

      Recovering treasure trove 228

      Discouraging wrongdoing by the finder 229

      Reforming the Common Law by Statute 230

      Finding the owner 230

      Rewarding the finder if the owner shows up 230

      Awarding the property to the finder if the owner doesn’t claim it 230

      Determining when the lost property statute applies 231

      Escheating property to the state 231

      Chapter 14: Becoming an Owner by Adverse Possession 233

      Getting Acquainted with Adverse Possession 233

      Clearing up ownership on the ground 233

      Applying the statute of limitations to ejectment 234

      Exploring the Elements of Adverse Possession 236

      Element #1: Actually Possessing the Property 237

      Defining actual possession 237

      Determining the scope of possession 238

      Possessing under color of title 239

      Paying taxes 239

      Element #2: Possessing Exclusively 239

      Element #3: Possessing Openly and Notoriously 240

      Element #4: Possessing Adversely 241

      Possessing by right rather than permission 241

      Using the property as an owner 242

      Element #5: Possessing Continuously and without Interruption 243

      Defining continuous possession 243

      Interrupting possession 244

      Element #6: Possessing for the Statutory Period 245

      Determining the required period 245

      Combining periods of possession 245

      Understanding Title by Adverse Possession 246

      Quieting adverse possession title 246

      Identifying the interests affected 247

      Chapter 15: Contracting to Sell Land 249

      Creating an Enforceable Contract to Sell Real Property 250

      Requiring a signed writing 250

      Identifying essential elements of a writing 251

      Amending or rescinding the purchase agreement 252

      Making an exception when an oral agreement is partly performed 252

      Specifying Deadlines for Performance 254

      Remedying an immaterial breach of a deadline 254

      Remedying a material breach of a deadline 255

      Conditioning the Parties’ Obligations to Perform 257

      Tendering the deed and purchase price 258

      Requiring marketable title 258

      Obtaining financing 263

      Considering other conditions 264

      Managing the Risk of Loss 265

      Allocating risk by equitable conversion 266

      Contracting about risks 267

      Insuring against risks 267

      Remedying Breaches of Contract 268

      Calculating damages 269

      Liquidating damages 269

      Specifically performing the contract 270

      Disclosing Latent, Material Facts 270

      Implicitly Warranting Workmanship and Habitability 271

      Chapter 16: Conveying Title by Deeds 273

      Merging a Purchase Agreement with a Deed 273

      Recognizing the Formal Requirements for a Deed 275

      Identifying the parties 275

      Identifying the land 275

      Expressing intent to convey 279

      Signing the deed 280

      The Handoff: Delivering and Accepting a Deed 280

      Performing acts intended to make a deed effective 280

      Delivering by escrow 281

      Delivering by escrow at death 283

      Accepting delivery of a deed 283

      Warranting Title in a Deed 283

      Covering the various covenants 284

      Distinguishing present and future covenants 286

      Limiting or omitting warranties: Distinguishing types of deeds 289

      Remedying breaches of title covenants 292

      Chapter 17: Recording Title 295

      Understanding Priority Disputes 295

      Recording Documents 296

      Identifying recordable documents 297

      Complying with conditions for recording 298

      Using Indexes to Find Recorded Documents 298

      Distinguishing the Three Types of Recording Statutes 300

      Determining Whether an Interest Is Recorded 301

      Recording a document improperly 301

      Being unable to find a recorded document 301

      Paying Value for Property Interest 303

      Taking Property Interest without Notice 305

      Actual knowledge 305

      Constructive notice 306

      Inquiry notice 308

      Protecting Subsequent Purchasers from Unlikely Claims 308

      Curing defects by title curative acts 309

      Eliminating specific old interests 309

      Applying marketable title acts 310

      Chapter 18: Mortgaging Real Property 311

      Introducing Mortgages and Deeds of Trust 312

      Possessing the Property before Foreclosure 312

      Taking possession 313

      Appointing a receiver 313

      Selling Property in Foreclosure 315

      Curing default or exercising equity of redemption 315

      Extinguishing junior interests 317

      Distributing the proceeds of a foreclosure sale 318

      Recovering deficiency from borrower 320

      Protecting Mortgagor by Statute 320

      Anti-deficiency statutes 321

      One-action statutes 322

      Statutory rights of redemption 322

      Transferring Mortgaged Property 324

      Restricting transfer 324

      Assuming mortgage debt 325

      Enforcing a mortgage against the transferor 325

      Transferring Mortgage 326

      Part V: The Part of Tens 327

      Chapter 19: Ten Notable Property Cases 329

      Spur Industries, Inc V Del E Webb Development Co 329

      Tulk V Moxhay 330

      Sanborn V Mclean 331

      Village of Euclid V Ambler Realty Co 332

      Penn Central Transportation Co V City of New York 333

      Lucas V South Carolina Coastal Council 334

      Javins V First National Realty Corp 335

      Armory V Delamirie 336

      Pierson V Post 337

      Stambovsky V Ackley 338

      Chapter 20: Ten Common Mistakes in Applying Property Law 339

      Misapplying the Rule against Perpetuities 339

      Mislabeling Present and Future Estates 340

      Misunderstanding Hostility 341

      Considering the Intent to Create a Covenant Rather than Intent to Run 342

      Considering Only Notice of a Covenant’s Burden 343

      Applying Estoppel or Part Performance without Evidence of an Agreement 343

      Deciding a Joint Tenancy Exists without the Four Unities and Express Intent 344

      Applying the Equitable Conversion Doctrine Where It Doesn’t Apply 344

      Failing to Identify the Landlord’s Wrongful Act in a Constructive Eviction 345

      Applying Purchase Agreements after Closing and Deeds before Closing 346

      Chapter 21: Ten Property Subjects Commonly Tested in Bar Exams 347

      Purchase Agreements 348

      Mortgages 348

      Deeds 348

      Recording Acts 348

      Landlord-Tenant Law 349

      Estates 349

      Concurrent Ownership 349

      Covenants 349

      Easements 350

      Adverse Possession 350

      Index 351

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