CU-Boulder BCOR 3000 - Real and Personal Property (8 pages)

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Real and Personal Property



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Real and Personal Property

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Real and Personal Property


Lecture number:
28
Pages:
8
Type:
Lecture Note
School:
University of Colorado at Boulder
Course:
Bcor 3000 - Business Law, Ethics, and Public Policy
Edition:
1

Unformatted text preview:

BCOR 3000 1st Edition Lecture 28 Outline of Last Lecture I Patents Copyrights Trademarks II Priority and Registration III Trademarks IV Trademark Issues V Generic Use of Trademark VI Patents VII Pros and Cons of Patents VIII Legal Significance of a Patent IX Copyrights X Fair Use Doctrine XI Digital Copyrights Issues XII Misappropriation Stealing of Trade Secrets XIII International Protection Outline of Current Lecture Chapter 35 I II III IV V VI VII VIII IX X XI Real Property vs Personal Property Ownership Degrees Concurrent Ownership Tenancy in Common Joint in Tenancy Marital Issues Gifts Other Issues Mislaid Lost and Abandoned Property Estray Statutes Bailments These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute Chapter 36 I II III IV V VI VII VIII IX X XI XII XIII XIV Real Property Fixtures Fee Simple Ownership Life Estates Non Possessory Interests Deeds Recording Deeds Adverse Possession Squatters Rights Leasehold Estates Leases Landlord Tenant Warranty of Habitability Transfer of Landlord Interest Transferring Tenant s Interest Current Lecture Chapter 35 Real Property and Bailments Real Property vs Personal Property Real Land and things permanently attached Buildings Plants Driveways etc Personal Everything else Ownership Degrees Fee Simple Absolute ownership Highest form of ownership Ownership degree more important with real property than personal property Concurrent Ownership Applies to real as well as personal property Multiple owners Ex Brother and Sister share a care they are co owners Most of the time it is not split in terms of the physical car it is more like a 50 share or right to use and access the vehicle Questions issues What happens when a co owner dies If under Tenancy in Common look at will IF some dies it does not go to the other owners it will go to the heirs Can co owner sell share separately There is no need to tell other partial owner that



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