REP_OH.07

REP_OH.07 - CM 426 - REP 7 INTERESTS IN REAL ESTATE I....

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CM 426 -- REP 7 INTERESTS IN REAL ESTATE I. OWNERSHIP IN REAL ESTATE IS NOT ABSOLUTE -- IT IS LIMITED BY LAW A. PUBLIC LIMITS B. PRIVATE LIMITS II. GOVERNMENT POWERS -- (PETE) A. POLICE POWERS -- ENVIRONMENTAL, ZONING, BUILDING CODES 1. HEALTH 2. SAFETY 3. GENERAL WELFARE 4. (MORALS) B. EMINENT DOMAIN 1. ACQUISITION OF PRIVATE PROPERTY FOR PUBLIC USE a. PUBLIC FACILITIES b. PROPERTY NO LONGER FIT FOR USE c. PUBLIC HOUSING AUTHORITY -- REDEVELOPMENT AGENCIES (QUASI- GOVERNMENTAL BODIES) 2. THROUGH CONDEMNATION PROCESS a. COMPENSATION b. DUE PROCESS C. TAXATION -- PROPERTY TAXES D. ESCHEAT III. ESTATES IN LAND -- OWNER’S DEGREE, QUANTITY, NATURE
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AND EXTENT OF INTEREST IN REAL PROPERTY A. MUST ALLOW POSSESSION AND MUST BE MEASURABLE IN DURATION B. LEASEHOLD ESTATES -- TIME IS CONTROLLED 1. ESTATE FOR YEARS 2. ESTATE FROM PERIOD TO PERIOD 3. ESTATE AT WILL 4. ESTATE AT SUFFERANCE B. FREEHOLD ESTATES -- INDETERMINABLE LENGTH OF TIME -- FEE SIMPLE ESTATES AND LIFE ESTATES 1. FEE SIMPLE ESTATES
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This note was uploaded on 01/11/2012 for the course CM 426 taught by Professor Markhutchings during the Winter '12 term at BYU.

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REP_OH.07 - CM 426 - REP 7 INTERESTS IN REAL ESTATE I....

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