| Fee Tail Estates |
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| The fact scenario set forth above describes the creation of what is known as a "fee tail" estate. A fee tail estate is one that is restricted by the grantor to lineal descendants, as opposed to collateral heirs.More... |
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| Mortgages -- Mortgages and Deeds of Trust Distinguished |
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| In connection with real estate financing, sometimes the terms "mortgage" and "deed of trust" are used interchangeably. The two are not the same. In fact, important differences exist.
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| Dog Law - Landlord Liability for Tenant's Dogs |
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| In residential real estate leases, it is not uncommon to find some type of pet restriction. Generally speaking, such restrictions are legal. More... |
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| The Cooperative Form of Ownership |
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| Under a cooperative form of ownership, a home buyer typically does not obtain title to a particular unit. Instead, title to all of the units in the cooperative is held by a corporation. A home buyer purchases shares of stock in the corporation. Instead of a deed, the home buyer receives a lease for the particular unit.More... |
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| Bailments |
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| A bailment is created when, coupled with the intent to possess certain property, the bailee accepts the actual physical possession and control of the property. In the example, the bailment is created when the dry cleaner accepts the man's suit with the intent to possess the suit.More... |
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