ISSUE: Are the park homes at Bumpinyallup Caravan Park classified as Fixtures or Fittings? RULES: Fixtures are referred to by statue law as real property which is regulated by State and Territory Legislation. “Fixtures are something that has been or is or intended to be permanently attached to land to enhance the land in some way.” Nikolas James‚ Business Law‚ 2012 (1st) Edition (p. 444). Fittings are objects attached to land or buildings that are not Fixtures. The Case Law relevant to fixtures
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Summary: In our case scenario Bart and Alan bot reside in Boring‚ Oregon. Alan is the finder of Bart’s lost item before Bart offers a reward. In Contract law a reward offer is binding. In Property law a person has a responsibility to return lost personal property to its rightful owner. Issue: Is Alan entitled to collect a reward before he returns Bart’s object? Rule: MacFarlane v. Bloch‚ 59 Ore. 1 (Or. 1911) In the above mentioned case‚ one party found a pocketbook with a value
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play in discussions of inclusionary zoning and affordable housing more generally. However‚ some appear to have more influence over outcomes than others. In particular‚ in NSW and Australia more broadly‚ property developers and the organisations that advocate on their behalf have been successful in defining the contours of the discursive regime discussed above. Property developers and developer advocacy organisations have long argued that inclusionary zoning has a disincentive effect on private-sector
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Chapter 26 Real Property and Land Use Control N.B.: TYPE indicates that a question is new‚ modified‚ or unchanged‚ as follows. N A question new to this edition of the Test Bank. + A question modified from the previous edition of the Test Bank. = A question included in the previous edition of the Test Bank. TRUE/FALSE QUESTIONS 1. The protection of an individual’s right to his or her property has become one of our most important rights. ANSWER: T PAGES: Section 1 TYPE: N BUSPROG: Analytic
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Post 4 – Unit 6 Zoning is a tool of public policy which restricts the way that people manage and modify its natural or built environment. This regulation of land use attempts to satisfy the needs of the community while supporting its economy‚ protecting its natural resources‚ and providing an effective distribution of services throughout the city. The practice began as a way to deal with the rapid industrialization and urbanization in the US during the late 19th and early 20th centuries. Families
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2.2.3 Purposes of Real Property Valuation There are five elements of property value: Production: productivity is the way of enhancing or hindering capacity for valuation Utility: Utility is the ability to arouse desire for its possession or use. Scarcity: The object must be relatively scarce to satisfy the demand. Demand: There must be a need and ability to purchase. Transferability: It must be possible to transfer good title with ease (Donald A. Corb‚ JD and Richard A. Giovangelo‚ 2013-14)
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Basic Algebraic Properties of Real Numbers The numbers used to measure real-world quantities such as length‚ area‚ volume‚ speed‚ electrical charges‚ probability of rain‚ room temperature‚ gross national products‚ growth rates‚ and so forth‚ are called real numbers. They include such number as ‚ ‚ ‚ ‚ ‚ ‚ ‚ and . The basic algebraic properties of the real numbers can be expressed in terms of the two fundamental operations of addition and multiplication. Basic Algebraic
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Smith‚ a devout member of the Saints Church‚ conveys his property‚ Blackacre‚ “to Romney so long as he remains a member of the Saints Church and if not then Smith may re-enter and reclaim Blackacre.” After several years‚ Romney‚ and several other members of the Saints Church‚ become disenchanted with the Saints Church’s teachings. Romney and the disenchanted members decided to form a new church. The new church‚ The Reformed Saints Church‚ severed all ties with the original Saints Church. Although
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Old System Title Legal Interests under Old System Title S184G CA: priority given to the earlier same as s 12 of the former Registration and Deeds Act. If the four elements are satisfied‚ namely: 1. Instrument relating to the land (excludes wills) must be effective and not void 2. Made in good faith a. There must be no fraud – Re Cooper b. It must be bona fide - Marsden v Campbell c. Notice only effective after registration‚ no notice before registration‚ but after settlement – Scholes
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difficulties and really needs the money he could get from selling his share of the condo. Anna‚ who still wants to continue to use the condo‚ will not give her consent on selling and cannon afford to buy him out. Mark seeks an action to partition the property‚ stating that the clause that was placed in the divorce agreement is not enforceable because it is an invalid restraint on alienation. There are two issues to address here. The first one is whether or not the agreement Mark and Anna made is an
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