Chapter 14: Real Property
Brief <ul><li>Case </li></ul><ul><ul><li>Owens v. Owens,  No. 2081158 (Ala. Civ. App. June 4, 2010) </li></ul></ul><ul><li...
Property
What is PROPERTY?
Definitions <ul><li>Ownership = collection of rights regarding property: </li></ul><ul><ul><li>use  </li></ul></ul><ul><ul...
More definitions <ul><li>Real property (realty):  </li></ul><ul><ul><li>Land and anything permanently attached to the land...
personal real
 
 
 
Gift requirements <ul><li>donative intent </li></ul><ul><li>delivery </li></ul><ul><li>acceptance </li></ul>
gift  causa  mortis
 
Estates <ul><li>Fee simple </li></ul><ul><ul><li>Absolute ownership of real property limited by the four basic government ...
Future interests <ul><li>Reversion: estate returns to grantor </li></ul><ul><ul><li>e.g.,  “to Joe for life” </li></ul></u...
Limited Rights <ul><li>Easement </li></ul><ul><ul><li>Right to use for a particular purpose,  e.g.,  utility lines </li></...
Concurrent ownership <ul><li>Joint and undivided ownership of property </li></ul><ul><ul><li>All owners have right to use ...
Tenancy <ul><li>Tenancy by entirety </li></ul><ul><ul><li>Joint ownership by spouses </li></ul></ul><ul><ul><li>Surviving ...
 
condominium <ul><li>common ownership for multi-unit developments </li></ul><ul><li>each owner has title to individual unit...
 
 
 
Transfer of ownership <ul><li>Common law: livery of seisin </li></ul>
 
 
 
 
 
 
 
Modern transfer of ownership <ul><li>Sales contracts </li></ul><ul><ul><li>Must be in writing (statute of frauds) </li></u...
 
Financing <ul><li>Lien/encumbrance </li></ul><ul><li>Collateral </li></ul><ul><li>Mortgage </li></ul><ul><li>Promissory no...
 
Foreclosure <ul><li>Deficiency judgment </li></ul><ul><li>Equity of redemption </li></ul><ul><ul><li>Right to pay off mort...
 
Alabama Uniform Residential Landlord Tenant Act <ul><li>Effective January 1, 2007 </li></ul><ul><li>Landlord has duty of h...
Alabama Uniform Residential Landlord Tenant Act <ul><li>Landlord may have rules for all tenants </li></ul><ul><ul><li>Must...
Alabama Uniform Residential Landlord Tenant Act <ul><li>Tenant must </li></ul><ul><ul><li>Pay rent on time </li></ul></ul>...
Landlord-Tenant Common Law <ul><li>Landlord: duty to provide quiet possession </li></ul><ul><ul><li>No covenant of habitab...
Photo credits <ul><li>Personal property: http://www.flickr.com/photos/heather_r/ </li></ul><ul><li>Roadside stand: Walker ...
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PRL 101 lecture slides, March 29, 2011

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  • First, personal property. How, do most people acquire items of personal property?
  • purchase
  • gift
  • PRL 101 lecture slides, March 29, 2011

    1. 1. Chapter 14: Real Property
    2. 2. Brief <ul><li>Case </li></ul><ul><ul><li>Owens v. Owens, No. 2081158 (Ala. Civ. App. June 4, 2010) </li></ul></ul><ul><li>Facts? </li></ul><ul><li>Issue? </li></ul><ul><ul><li>Whether Alabama courts have subject-matter jurisdiction to enforce foreign child support orders that have not been registered according to the requirements of Ala. Code §30-3A-602. </li></ul></ul>
    3. 3. Property
    4. 4. What is PROPERTY?
    5. 5. Definitions <ul><li>Ownership = collection of rights regarding property: </li></ul><ul><ul><li>use </li></ul></ul><ul><ul><li>possession </li></ul></ul><ul><ul><li>alienation </li></ul></ul><ul><ul><li>exclusion of others </li></ul></ul>
    6. 6. More definitions <ul><li>Real property (realty): </li></ul><ul><ul><li>Land and anything permanently attached to the land </li></ul></ul><ul><li>As opposed to </li></ul><ul><ul><li>Personal property (personalty, goods, chattels) </li></ul></ul><ul><li>Tangible </li></ul><ul><li>Intangible </li></ul>
    7. 7. personal real
    8. 11. Gift requirements <ul><li>donative intent </li></ul><ul><li>delivery </li></ul><ul><li>acceptance </li></ul>
    9. 12. gift causa mortis
    10. 14. Estates <ul><li>Fee simple </li></ul><ul><ul><li>Absolute ownership of real property limited by the four basic government powers of taxation, eminent domain, police power, and escheat </li></ul></ul><ul><ul><li>May become void or subject to annulment based on condition in deed </li></ul></ul><ul><ul><ul><li>“ For so long as . . .” </li></ul></ul></ul><ul><ul><ul><li>“ But if . . . grantor has the right of entry (power of termination).” </li></ul></ul></ul><ul><li>Life estate: use and possession for life </li></ul>
    11. 15. Future interests <ul><li>Reversion: estate returns to grantor </li></ul><ul><ul><li>e.g., “to Joe for life” </li></ul></ul><ul><li>Remainder: to third party </li></ul><ul><ul><li>e.g., “to Jane for life, remainder to Joe” </li></ul></ul><ul><ul><li>Joe is the remainderman </li></ul></ul>
    12. 16. Limited Rights <ul><li>Easement </li></ul><ul><ul><li>Right to use for a particular purpose, e.g., utility lines </li></ul></ul><ul><li>Profit </li></ul><ul><ul><li>Right to remove resource, e.g., mineral rights </li></ul></ul><ul><li>Covenant </li></ul><ul><ul><li>Enforceable promise regarding use </li></ul></ul><ul><li>Equitable servitude </li></ul><ul><ul><li>Promise not to perform specific acts </li></ul></ul>
    13. 17. Concurrent ownership <ul><li>Joint and undivided ownership of property </li></ul><ul><ul><li>All owners have right to use entire property </li></ul></ul><ul><li>Tenancy in common </li></ul><ul><ul><li>May be unequal shares </li></ul></ul><ul><ul><li>Inheritable; no survivorship rights </li></ul></ul><ul><li>Joint tenants (with rights of survivorship) </li></ul><ul><ul><li>Equal shares </li></ul></ul><ul><ul><li>Surviving tenant(s) automatically inherits deceased tenant(s)’ share(s) </li></ul></ul>
    14. 18. Tenancy <ul><li>Tenancy by entirety </li></ul><ul><ul><li>Joint ownership by spouses </li></ul></ul><ul><ul><li>Surviving spouse has rights of survivorship </li></ul></ul><ul><ul><li>Neither can sell interest w/o other’s consent </li></ul></ul><ul><ul><li>Not used in Alabama </li></ul></ul><ul><li>Community property </li></ul><ul><ul><li>Joint ownership by spouses </li></ul></ul><ul><ul><li>Not used in Alabama </li></ul></ul>
    15. 20. condominium <ul><li>common ownership for multi-unit developments </li></ul><ul><li>each owner has title to individual unit </li></ul><ul><li>shared ownership of common areas </li></ul><ul><li>monthly fees for maintenance </li></ul>
    16. 24. Transfer of ownership <ul><li>Common law: livery of seisin </li></ul>
    17. 32. Modern transfer of ownership <ul><li>Sales contracts </li></ul><ul><ul><li>Must be in writing (statute of frauds) </li></ul></ul><ul><ul><li>Specific performance </li></ul></ul><ul><li>Deeds </li></ul><ul><ul><li>Must be executed, delivered, recorded </li></ul></ul><ul><ul><li>General Warranty deed </li></ul></ul><ul><ul><li>Quitclaim deed </li></ul></ul>
    18. 34. Financing <ul><li>Lien/encumbrance </li></ul><ul><li>Collateral </li></ul><ul><li>Mortgage </li></ul><ul><li>Promissory note </li></ul><ul><li>Default </li></ul><ul><li>Cure </li></ul><ul><li>Accelerate </li></ul>
    19. 36. Foreclosure <ul><li>Deficiency judgment </li></ul><ul><li>Equity of redemption </li></ul><ul><ul><li>Right to pay off mortgage before foreclosure </li></ul></ul><ul><li>Right of redemption </li></ul><ul><ul><li>Right to buy back property after foreclosure </li></ul></ul><ul><ul><li>In Alabama: 1 year </li></ul></ul><ul><ul><li>Includes junior lienholders </li></ul></ul>
    20. 38. Alabama Uniform Residential Landlord Tenant Act <ul><li>Effective January 1, 2007 </li></ul><ul><li>Landlord has duty of habitability </li></ul><ul><ul><li>Source of heat </li></ul></ul><ul><ul><li>Cold & hot running water </li></ul></ul><ul><ul><li>Housing & building codes </li></ul></ul><ul><ul><li>Garbage containers </li></ul></ul><ul><ul><li>Keep common areas clean & safe </li></ul></ul><ul><ul><li>Provide peaceful enjoyment </li></ul></ul>
    21. 39. Alabama Uniform Residential Landlord Tenant Act <ul><li>Landlord may have rules for all tenants </li></ul><ul><ul><li>Must apply to all tenants </li></ul></ul><ul><ul><li>Must promote convenience, safety or welfare of tenants or protect property </li></ul></ul><ul><ul><li>Must inform tenants before signing lease </li></ul></ul><ul><ul><li>Can’t add new rules during lease term </li></ul></ul><ul><li>Landlord can’t raise rent during term or retaliate against tenants </li></ul>
    22. 40. Alabama Uniform Residential Landlord Tenant Act <ul><li>Tenant must </li></ul><ul><ul><li>Pay rent on time </li></ul></ul><ul><ul><li>Keep property clean & in good shape </li></ul></ul><ul><ul><li>Use utilities in reasonable manner </li></ul></ul><ul><ul><li>Dispose of garbage properly </li></ul></ul><ul><ul><li>Let landlord enter to inspect & repair </li></ul></ul><ul><ul><li>Follow rules </li></ul></ul><ul><ul><li>Tell landlord if gone for 2 weeks or more </li></ul></ul>
    23. 41. Landlord-Tenant Common Law <ul><li>Landlord: duty to provide quiet possession </li></ul><ul><ul><li>No covenant of habitability </li></ul></ul><ul><li>Tenant: duty to pay rent </li></ul><ul><ul><li>Remedy for uninhabitable residential property: </li></ul></ul><ul><ul><ul><li>Suit for constructive eviction </li></ul></ul></ul>
    24. 42. Photo credits <ul><li>Personal property: http://www.flickr.com/photos/heather_r/ </li></ul><ul><li>Roadside stand: Walker Evans, LOC </li></ul><ul><li>Give: http://www.flickr.com/photos/ginnerobot/ </li></ul><ul><li>Death: http://www.flickr.com/photos/paopix/ </li></ul><ul><li>SCA: http://flickr.com/photos/fussycrabbycritters/ </li></ul><ul><li>Turf: http://flickr.com/photos/notacrime/ </li></ul><ul><li>Twig: http://flickr.com/photos/miheco/ </li></ul><ul><li>Stone: http://flickr.com/photos/jasmic/ </li></ul><ul><li>Children’s procession: http://flickr.com/photos/reabhecc/ </li></ul><ul><li>Penn Statute: http://flickr.com/photos/greatphotographicon/ </li></ul><ul><li>Penn historic marker: http://en.wikipedia.org/wiki/File:Swanson6617.jpg </li></ul><ul><li>Condominium: http://flickr.com/photos/vgm8383/ </li></ul><ul><li>Brooklyn bridge: http://flickr.com/photos/darn/ </li></ul>

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