Ch19_3e - 19-1Copyright © 2007 by Nelson a division of...

Info iconThis preview shows pages 1–7. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 19-1Copyright © 2007 by Nelson, a division of Thomson Canada Limited.CANADIAN BUSINESS CANADIAN BUSINESS AND THE LAWAND THE LAWThird EditionThird EditionbybyDorothy Duplessis Steven Enman Shannon O’Byrne Sally GunzPresentation prepared by Presentation prepared by Allan Elliott, Southern Alberta Institute of TechnologyAllan Elliott, Southern Alberta Institute of Technology19-2Copyright © 2007 by Nelson, a division of Thomson Canada Limited.CHAPTER NINETEENCHAPTER NINETEENREAL PROPERTYREAL PROPERTYOBJECTIVES:The nature and ownership of real propertyThe various ways to acquire and transfer ownershipHow a mortgage worksThe rights and duties of landlords and tenants19-3Copyright © 2007 by Nelson, a division of Thomson Canada Limited.OWNERSHIPOWNERSHIPREAL PROPERTYland or real estate – including structures on the land, such as fences and buildingsfixtures – tangible personal property that is attached to land, buildings, or other fixtures19-4Copyright © 2007 by Nelson, a division of Thomson Canada Limited.OWNERSHIPOWNERSHIPFEE SIMPLEthe legal interest in real property that is closest to full ownershipDIVISION OF OWNERSHIPtenancy in common – co-ownership whereby each owner of an undivided interest can dispose of that interestjoint tenancy – co-ownership whereby the survivor inherits the undivided interest of the decease19-5Copyright © 2007 by Nelson, a division of Thomson Canada Limited.LIMITS ON OWNERSHIPLIMITS ON OWNERSHIPLIMITSmunicipal governmentenvironmental regulationscommon law of nuisancevarious government agenciesforeign ownership of land may be limited by the government19-6Copyright © 2007 by Nelson, a division of Thomson Canada Limited.Copyright © 2007 by Nelson, a division of Thomson Canada Limited....
View Full Document

This note was uploaded on 12/19/2010 for the course AFM 231 taught by Professor Briggs during the Winter '09 term at Waterloo.

Page1 / 17

Ch19_3e - 19-1Copyright © 2007 by Nelson a division of...

This preview shows document pages 1 - 7. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online