bls443notes - 18:28 *talkaboutliabilities Scenario1 ISSUES:...

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18:28 *talk about liabilities  Scenario 1 ISSUES: ANALYSIS: CONCLUSION:  Scenario 2 ISSUES: ANALYSIS: CONCLUSION:
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18:28 Chattel—movable property Property—something you can possess at the exclusion of others; can be tangible or  intangible  Types: Real—dirt and things attached to it; immovable and permanent,  Personal—everything else; tangible and intangible Fixtures—usually has attributes of real property Rights of property owners—if you are the owner of land, you own from the center of  earth to the top of the sky (originally) American Law Institute—group that attempts to draft laws in hopes of all states adopting  them; Uniform Dissolution of Marriage Act is an example Real property laws date back to feudalism—kings, vassals, knights  Absolute best way to own property—fee The terminology and verbage go back about 1,000 years ago Before feef was granted, person had to become a vassal Personal property has its own set of laws—date back to before feudalism  Transformation—something is personal property and becomes a fixture Severance—something is a fixture and then is severed and becomes personal property
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18:28 Test to figure out if something is a fixture: (prove any of the three) (1) whether it is annexed to the realty  (2) whether it is appropriate and adapted to the use or the purpose of the part of the  realty to which it is connected  (3) whether the party making the annexation intended to make it permanent.   Annexation—process of attaching personal property to real property  Constructive annexation—"ought to be" affixed; due to the nature of the personal  property it ought to be considered part of the real property and therefore a fixture  Assembly plant doctrine—unattached machinery is considered a fixture depending on  the nature of the machine and its relation to the operation of the plant; if it essential to  the operation of the plant Screen theory—considered a fixture if there is absolutely no use for it other than for  what it was made for; ie: window screen  Adaptation test—used to determine whet Whether the objects are functionally attached  Conversion—such a trespass to personal property where the reasonable remedy would  be full payment for the goods; ie: the Adamson case, conversion of an airplane hangar  Issue: Do things growing on land whether naturalis or industrialis remain on the land  when sold?—most courts use severance test; if it is growing and not severed at the time  of sale then the real property law applies (they go with the land), if it is severed prior to  the sale then personal property law applies (they don’t)
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This note was uploaded on 01/19/2012 for the course BLS 443 taught by Professor Humbauch during the Fall '11 term at Miami University.

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bls443notes - 18:28 *talkaboutliabilities Scenario1 ISSUES:...

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