Chapter 8 Forms of Real Estate Ownership. Modern Real Estate Practice 17th Edition.

Slides:



Advertisements
Similar presentations
RURAL PROPERTY RIGHTS AND INTEREST LAND IS SELDOM HELD IN FEE SIMPLE DUE TO ACCESS EASEMENTS, UTILITY EASEMENTS, MINERAL RESERVATIONS, AND OTHER ENCUMBRANCES.
Advertisements

Washington Real Estate Fundamentals
 More than one person simultaneously has rights to the same interest or estate.
{ Chapter 12 Property: Real Property, Leases & Mortgages.
Copyright © 2004 by Prentice-Hall. All rights reserved. PowerPoint Slides to Accompany BUSINESS LAW E-Commerce and Digital Law International Law and Ethics.
Property Rights Revisited Basic Legal Rights or Real Estate Ownership Right of Possession Right of Control Right of Quiet Enjoyment Right of Disposition.
© 2007 Prentice Hall, Business Law, sixth edition, Henry R. Cheeseman Chapter 48 Real Property Business Law Legal, E-Commerce, Ethical, and International.
“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Chapter 7 Real Estate Property Rights, Fixtures and Ownership.
Whether representing sellers or buyers, the role of the real estate professional is one of building relationships. The property for sale is the “product”
© 2009 South-Western, Cengage Learning  TENANTS-IN-COMMON  law presumes tenant-in-common unless clearly otherwise  always inheritable, mortgageable.
© 2010 by Cengage Learning Chapter 4 ________________ Forms of Ownership.
©OnCourse Learning. All Rights Reserved.. Forms of Ownership ©OnCourse Learning. All Rights Reserved. Chapter 4.
Chapter 4. Georgia Real Estate An Introduction to the Profession Eighth Edition Chapter 4 Forms of Ownership.
Chapter 2 Property Related to Wills, Trusts, and Estate Administration.
2011©Cengage Learning. All Rights Reserved.. Joint Ownership 2011©Cengage Learning. All Rights Reserved.
Real Estate Principles and Practices Chapter 13 Condominiums and Cooperatives © 2014 OnCourse Learning.
© 2015 OnCourse Learning Chapter 2 Property Ownership and Interests.
Chapter 2 Property Ownership and Interests 2010©Cengage Learning. All Rights Reserved.
Florida Real Estate Principles, Practices & Law 38th Edition
Whether representing sellers or buyers, the role of the real estate professional is one of building relationships. The property for sale is the “product”
Concurrent Estates and Marital Estates
Ownership of Property Chapter 23 Tools & Techniques of Financial Planning Copyright 2009, The National Underwriter Company1 Ownership Of Property Outright.
Principles of California Real Estate
© 2009 by South-Western, Cengage Learning SAMIRLANDER Chapter 8.
Unit 2 Seminar The Role of Ethics in Real Practice.
Chapter 49 Real Property Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
Co-ownership of Real Property Tenancy by the Entirety Joint Tenancy Tenancy in Common.
1 Unit 10 The Nature of Real Property Real property distinguished from personal property…
Law for Business and Personal Use © Thomson South-Western CHAPTER 15 Property and Its Acquisition 15-1Types of Property 15-2How Property Is Acquired and.
Forms of Real Estate Ownership LEARNING OBJECTIVES: Explain why the form of real estate ownership is important when the property is being transferred.
Chapter 48 Real Property.  Property that is immovable or attached to immovable land or buildings  Types of real property:  Land and buildings  Subsurface.
Chapter 8 Forms of Real Estate Ownership Many people visualize single-family homes when they think of real estate ownership but the same issues apply to.
Modern Real Estate Practice in Illinois
© 2012 Cengage Learning. Forms of Ownership Chapter 4.
Chapter 3 Part I Estates and Interests1 New York Real Estate for Salespersons, 5th e By Marcia Darvin Spada Cengage Learning © 2013 All rights reserved.
41.1 Law for Business, 15e by Ashcroft Chapter 41: Nature of Real Property Law for Business, 15e, by Ashcroft, © 2005 West Legal Studies in Business, a.
Chapter 4 Property Rights and Ownership Interests in RP Real property –land and things permanently attached to the land Personal property –moveable property.
South-Western Publishing©2002 By Charles J. Jacobus Real Estate Principles Ninth Edition Real Estate: An Introduction to the Profession Ninth Edition South-Western.
Forms of Real Estate Ownership. Forms of Ownership Ownership in Severalty Co-ownership Tenancy in common Owners have unity of possession Joint tenancy.
Real Estate Principles Tenth Edition Real Estate: An Introduction to the Profession Tenth Edition.
South-Western Publishing©2002 By Charles J. Jacobus Real Estate Principles Ninth Edition Real Estate: An Introduction to the Profession Ninth Edition South-Western.
Trail of General Liability Real Estate, LP General Partners -- A, B, C, D, and E owned 1% of the equity each E was also a partner in the law firm of EF&G.
“Criticizing another’s garden doesn’t keep the weeds out of our own” Chapter 3 Concepts of Home Ownership.
© 2010 by Cengage Learning Chapter 2 ________________ Nature and Description of Real Estate.
© OnCourse Learning Chapter 4 : Forms of Ownership.
Real Estate Investment Chapter 4 Ownership of Real Property © 2011 Cengage Learning.
© 2004 West Legal Studies in Business, a Division of Thomson Learning 12.1 Chapter 12 Property.
© 2008 by South-Western, Cengage Learning Chapter 22 Charles J. Jacobus Thomas E. Gillett.
Simultaneous Ownership Tenancy in Common Joint Tenancy Tenancy by the Entireties Community Property.
Business Law with UCC Applications,13e Real Property and Landlord and Tenant Law Chapter 30 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies,
Real Estate Principles and Practices Chapter 13 Condominiums and Cooperatives © 2010 by South-Western, Cengage Learning.
41.1 b a c kn e x t h o m e Chapter 41 Objectives  Define real property and explain the rules about vegetation, running water, and fixtures.  Name the.
Modern Real Estate Practice in Pennsylvania 12th Edition Chapter 7: Forms of Real Estate Ownership.
What Is A Person? Any individual, firm, partnership, joint venture, limited liability company, association, social club, fraternal organization, corporation,
Choice of Entity in a Changing World By Phil Jelsma Accounting Day May 16, 2007.
1 Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin CHAPTER 18 REAL PROPERTY RIGHTS Real estate owners receive.
Modern Real Estate Practice in Illinois Eighth Edition Chapter 8: Forms of Real Estate Ownership ©2014 Kaplan, Inc.
Estate Planning February 2016 Douglas A. Mielock Foster, Swift, Collins & Smith, P.C. Lansing, Michigan.
Copyright 2008 Thomson Delmar Learning. ALL RIGHTS RESERVED. Chapter 2 Concurrent Ownership Joint tenancy with right of survivorship Tenancy in Common.
Real Estate Principles, 11th Edition By Charles F. Floyd and Marcus T. Allen.
California Real Estate Principles, 10.1 Edition
California Real Estate Principles, 10.1 Edition
Chapter 39: Special Business Forms and Private Franchises
Florida Real Estate Principles, Practices & Law 39th Edition
Real Estate Principles Tenth Edition
Ownership Lesson Two.
REAL ESTATE LAW.
TRUST.
Fundamentals of Real Estate Appraisal Thirteenth Edition
Slide Set Twelve: Real Property – Shared Land Interests
Presentation transcript:

Chapter 8 Forms of Real Estate Ownership

Modern Real Estate Practice 17th Edition

Forms of Ownership  Severalty  Co-Ownership

Modern Real Estate Practice 17th Edition Forms of Co-ownership  Tenancy in common  Joint tenancy  Four unities: Possession, Interest, Time, Title  Partition  Tenancy by the entirety  Married couples  Termination: Judgment sale, Death, Agreement or Divorce  Community property

Modern Real Estate Practice 17th Edition

Trusts  Parties  Trustor  Trustee  Beneficiary  Living and Testamentary Trusts  Land Trusts

Modern Real Estate Practice 17th Edition Ownership by Business Organizations  Partnerships  General  Limited  Corporations  Shareholders and Double-Taxation  S Corporation  Syndicates and Joint Ventures  Limited Liability Companies (LLCs)

Modern Real Estate Practice 17th Edition Condominiums  Fee simple ownership  Creation  Common elements  Operation and administration

Modern Real Estate Practice 17th Edition

Cooperatives  Proprietary lease  Shareholder ownership  Operation and administration  Tax advantages

Modern Real Estate Practice 17th Edition Townhouses  Common walls  Fee simple ownership  Common elements

Modern Real Estate Practice 17th Edition Time-Shares  Time-share estate  Time-share use  Membership camping

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2024 SlidePlayer.com Inc. All rights reserved.