Property I Slides Fall 2009

7/23/2019 Property I Slides Fall 2009

1/255

PROPERTY I SLIDES


2/255

ACQUISITION


3/255

5 July 1773: William Murray a! "#$%r&' a((ar%#ly i)lu!i* T$"ma& J"$&"' Jr+'(ur)$a&%! Par)%l 1' l")a#%! i ,$a# i& ", Illi"i&' -"r ./0' -r"m #$% Illi"i& #ri2%+

1 O)#"2%r 1775: L"ui& 4iia# a! "#$%r&' i)lu!i* T$"ma& J"$&"' Jr+' (ur)$a&%!Par)%l /' al&" l")a#%! i ,$a# i& ", Illi"i&' -"r .31' -r"m C$i%- Ta2a) a)#i* -"r

#$% Pia6%&$a, #ri2%+ 177: T$% R%"lu#i"ary War (r%%#%! #$% *ra#%%&' ,$" ,%r% m"ly 8ri#i&$

)i#i9%&' -r"m #a6i* ("&&%&&i" "- #$% (ar)%l&+

17111: Murray' 4iia# a! #$%ir )"*ra#%%& r%(%a#%!ly (%#i#i"%! C"*r%&&u&u))%&&-ully -"r a)6",l%!*%m%# a! )"-irma#i" "- #$%ir ",%r&$i( "- Par)%l&1 a! /+

170: 4ir*iia )%!%! #" #$% Ui#%! S#a#%& i#& )laim #" #$% N"r#$,% T%rri#"ry' ,$i)$i)lu!%! Par)%l& 1 a! /+

/ July 11: T$% U+S+ *"%rm%# )"%y%! Par)%l& 1 a! / #" William M;I#"&$'a! M;I#"&$ &u2&%


4/255

1 O)#"2%r 11=: T$"ma& J"$&"' Jr+ !i%! #%a#%' ,i#$ a ,ill #$a#!%i&%! $i& i#%r% i Par)%l& 1 a! / #" $i& &"' J"&$ua J"$&"'a! $i& *ra!&"' T$"ma& >ra$am' a& #%a#& i )"mm"+

S"m%#im% a-#%r 11=: J"&$ua J"$&" a! T$"ma& >ra$am l%a&%!#$%ir i#%r% i Par)%l& 1 a! / #" a #%a#+

T$% #%a# "- J"&$ua J"$&" a! T$"ma& >ra$am ?)i#i9%& "-Maryla!@ 2r"u*$# a !i%r&i#y a)#i" i #$% -%!%ral Diri)# C"ur# -"rIlli"i& &%%6i* %%)#m%# a*ai M;I#"&$ ?a )i#i9% "- Illi"i&@+

T$% #rial )"ur# ?Diri)# C"ur#@ r%!%r%! u!*m%# -"r M;I#"&$+ T$% U+S+ Su(r%m% C"ur#' i a "(ii" ,ri##% 2y C$i%- Jui)% J"$

Mar&$all' a--irm%! #$% !%)i&i" "- #$% Diri)# C"ur#+

J"$&" + M;I#"&$ Tim%li%

?)"#iu%!@


5/255

Pr"(%r#y I Sli!%& 5

A)


6/255

Pr"(%r#y I Sli!%& 6

A)


7/255

A))%&&i"& #" P%r&"al Pr"(%r#y

Accession by Labor Only: W$% "% (%r&" a!!& la2"r #" a i#%m "-(%r&"al#y ",%! 2y a"#$%r' ",%r&$i( "- #$% -ii&$%! i#%m i&a,ar!%! #" #$% ",%r "- #$% i#%m' ul%&&

T$% a))%&&i"%r;& ?la2"r%r;&@ %--"r#& $a% C"m(l%#%ly #ra&-"rm%! #$% a#ur% "- #$% i#%m "r

BSu--i)i%#ly ?&u2a#ially@ i)r%a&%! #$% alu% "- #$% i#%m'a!

T$% a))%&&i"%r $a& "# a)#%! ,ill-ully+


8/255

A))%&&i"& #" P%r&"al Pr"(%r#y

Accession by Labor and Addition of Another Item:

O,%r&$i( "- #$% -ii&$%! i#%m i& *%%rally a,ar!%! #" #$% ",%r"- #$% (ri)i(al i#%m'

E% i- #$% a))%&&i"%r a)#%! ,ill-ully a! ,r"*-ully' ul%&& T$% a##a)$%! i#%m may 2% &%(ara#%! -r"m #$% (ri)i(al i#%m

,i#$"u# $arm+


9/255

A))%&&i"& #" P%r&"al Pr"(%r#y

Damage Awards I- #$% -ial (r"!u)# i& a,ar!%! #" #$% a))%&&i"%r "r #$% ",%r %l%)#& #"

&u% i )"%r&i" ra#$%r #$a i r%(l%i' T$% ",%r "- #$% (ri)i(al i#%m may r%)%i% !ama*%& i #$% am"u#

"- #$% (ri)i(al i#%m #$a# ,a& #ra&-"rm%!+ I- #$% a))%&&i"%r a)#%! ,ill-ully' #$% alu% "- #$% i#%m i& *%%rally

!%#%rmi%! a# #$% #im% "- #$% )"%r&i"' #$u& i)lu!i* ayi)r%a&% i alu% )au&%! 2y #$% a))%&&i"+

I- #$% a))%&&i"%r a)#%! i")%#ly' m" )"ur#& &%# !ama*%& 2y!%!u)#i* -r"m #$% i)r%a&%! alu% a# l%a #$% )" "- im(r"%m%#

i)urr%! 2y #$% a))%&&i"%r+ I- #$% -ial (r"!u)# i& a,ar!%! #" #$% ",%r "- #$% (ri)i(al i#%m'

*%%rally' #$% a))%&&i"%r may "# r%)"%r !ama*%& -"r #$% la2"r)"#ri2u#%!+


10/255

A))%&&i"& Sal% "- Im(r"%! I#%m

>%%rally' a (%r&" ,$" la)6& #i#l% #" *""!& )a"# (a&& #i#l% #"#$"&% *""!&' %% #" a 2"a -i!% (ur)$a&%r+

T$%r%-"r%' #$% #ru% ",%r may mai#ai a a)#i" -"r )"%r&i"

a*ai a (%r&" ,$" i")%#ly (ur)$a&%& -r"m &"m%"% "#$%r#$a #$% #ru% ",%r+


11/255

A))%&&i"& Sal% "- Im(r"%! I#%m

Am"u# "- A,ar!

I &"m% uri&!i)#i"&' #$% #ru% ",%r may r%)"%r i )"%r&i"-r"m #$% (ur)$a&%r 2a&%! " #$% alu% "- #$% i#%m a# #$% #im% "-

#$% (ur)$a&%' %% i- #$% alu% "- #$% i#%m i)r%a&%! #$r"u*$a))%&&i" a-#%r #$% i#%m ,a& #a6% -r"m #$% #ru% ",%r' a!%% i- 2"#$ #$% a))%&&i"%r a! #$% (ur)$a&%r a)#%! i")%#ly+


12/255

A))%&&i"& Sal% "- Im(r"%! I#%m

",%%r' i "#$%r uri&!i)#i"&' #$% am"u# "- #$% a,ar!!%(%!& " ,$%#$%r #$% a))%&&i"%r a)#%! ,ill-ully: I- #$% a))%&&i"%r a)#%! i")%#ly' a! i& "# lia2l% i #$%

uri&!i)#i" -"r #$% i)r%a&%! alu% "- #$% )$a##%l' #$% i")%#(ur)$a&%r -r"m #$% a))%&&i"%r may 2% $%l! lia2l% -"r #$%"ri*ial alu% "ly+

I- #$% a))%&&i"%r a)#%! i 2a! -ai#$'

S"m% )"ur#& $"l! #$% i")%# (ur)$a&%r lia2l% -"r #$%

i)r%a&%! alu%+ S"m% )"ur#& $"l! #$% i")%# (ur)$a&%r lia2l% -"r #$%

"ri*ial alu% "ly+


13/255

Pr"(%r#y I Sli!%& 13

Tr%&(a&& a! Tr%&(a&& " #$% Ca&%

Trespass

Tr%&(a&& lay -"r iury #" (%r&" "r (r"(%r#y'

W$% #$% iury ,a& )"mmi##%! ,i#$ -"r)%' a)#ual "r im(li%!+

W$% #$% iury ,a& imm%!ia#% a! "# m%r%ly)"&%


14/255


Tr%&(a&& a! Tr%&(a&& " #$% Ca&%

Modern Elements of Trespass to Chattels?D% 8"i& A&("r#a#i&@ : I#%# I#%r-%r%)% ,i#$ #$% ("&&%&&"ry i#%r% "- a"#$%r i

(%r&"al#y' Cau&a#i"' a! Dama*%&+

Modern Elements of Trespass to Land?Quar% Clau&um Fr%*i#@: I#%#'

P$y&i)al ia&i" "- #$% la! "- a"#$%r' a! Cau&a#i"+


15/255


Tr%&(a&& a! Tr%&(a&& " #$% Ca&%

Trespass on the Case

Tr%&(a&& " #$% )a&% lay -"r #"r#&

N"# )"mmi##%! 2y -"r)%' a)#ual "r im(li%!' "r

C"mmi##%! 2y -"r)% ,$% T$% iury ,a& "# imm%!ia#% 2u# ra#$%r ,a&

)"&%


16/255


Pr"(%r#y Ri*$#& i Wil! Aimal&

A& a *%%ral (ri)i(l%' " "% ",& ,il! aimal& ?ferae a#ura%@ i #$%ira#ural $a2i#a#+

Capture:Ti#l% #" a ,il! aimal may 2% a)


17/255


Pr"(%r#y Ri*$#& i Wil! Aimal&

"atione #oli U!%r #$% #ra!i#i"al E*li&$ rul% "- ratione soli' #$% ",%r "- la!

,a& )"&i!%r%! #" 2% i )"ru)#i% ("&&%&&i" "- ,il! aimal&" $i& la!' ,i#$ ri*$#& &u(%ri"r #" a #r%&(a&&%r " #$% la!+

T$% la!",%r;& ",%r&$i( "- #$% aimal ,a& a))"m(li&$%!#$r"u*$ #$% )a(#ur% "- #$% aimal' ,$%#$%r 2y #$% la!",%r "r#$% #r%&(a&&%r+

Am%ri)a )"ur#& $a%' -"r #$% m" (ar#' r%%)#%! ratione soli+ "elease or Escape After Capture $Animus "e%ertendi&

O,%r&$i( ri*$#& i a ,il! aimal #%rmia#% ,$% #$% aimal i&r%l%a&%! "r %&)a(%& 2a)6 #" i#& a#ural li2%r#y+

",%%r' ",%r&$i( ri*$#& i a ,il! aimal )"#iu% a-#%r %&)a(%"r r%l%a&% i- #$% aimal $a& aimu& r%%r#%!i+


18/255


19/255

FINDERS


20/255


Ri*$#& "- Fi!%r& "- P%r&"al Pr"(%r#y

Finder: A -i!%r i& #$% -ir (%r&" #" #a6% ("&&%&&i" "- l" "ru)laim%! #a*i2l% (%r&"al (r"(%r#y+

Possession: P"&&%&&i" r%


21/255


Ri*$#& "- Fi!%r& "- P%r&"al Pr"(%r#yCategories of Found Property:

Abandoned 'roperty D%-ii#i" "- A2a!"%! Pr"(%r#y: Pr"(%r#y i& a2a!"%! i- #$%

",%r i#%#i"ally a! "lu#arily r%li


22/255


Ri*$#& "- Fi!%r& "- P%r&"al Pr"(%r#y

Categories of Found Property: Lost 'roperty D%-ii#i" "- L" Pr"(%r#y: P%r&"al (r"(%r#y i& l" i- #$% ",%r

ui#%#i"ally a! i"lu#arily (ar#& ("&&%&&i" ,i#$ i#+ O,%r + Fi!%r: A ",%r "- l" (r"(%r#y r%#ai& ri*$#& &u(%ri"r

"%r a -i!%r "- #$% l" (r"(%r#y+ Fi!%r + O,%r "- L")u& i Qu"

I- l" (r"(%r#y i& -"u! i a (u2li) l")a#i"' #$% -i!%r u&ually(r%ail& "%r all 2u# #$% #ru% ",%r+


23/255


Ri*$#& "- Fi!%r& "- P%r&"al Pr"(%r#y

Categories of Found Property: Lost 'roperty L" (%r&"al (r"(%r#y -"u! " (ria#% la!

S#a#u& "- Fi!%r T$% ",%r "- #$% locus is (uoi& li6%ly #" ,i i- #$% -i!%r i& a

#r%&(a&&%r) T$% )"ur#& ar% &(li# i- #$% -i!%r i& a ii#%% "r a li)%&%%+

S"m% )"ur#& -a"r #$% ii#%% "r li)%&%%' ,$" *ai&ri*$#& &u(%ri"r #" all 2u# #$% #ru% ",%r+ ?T$i& ("&i#i" i&(r"2a2ly #$% Am%ri)a ma"ri#y rul%+@

S"m% )"ur#& -a"r #$% ",%r "- #$% locus in (uo' ,$"*ai& ri*$#& &u(%ri"r #" all 2u# #$% #ru% ",%r+ ?T$i&("&i#i" i& (r"2a2ly #$% Am%ri)a mi"ri#y rul% 2u# i& #$%-a"r%! rul% i E*la!@+


24/255


Ri*$#& "- Fi!%r& "- P%r&"al Pr"(%r#y

Categories of Found Property: Lost 'roperty L" (%r&"al (r"(%r#y -"u! " (ria#% la! ?)"#iu%!@

Em2%!!%! i S"il + Lyi* " Sur-a)% S"m% )"ur#& a,ar! ",%r&$i( "- l" (%r&"al (r"(%r#y

#" #$% ",%r "- #$% locus in (uoi- #$% (r"(%r#y i&%m2%!!%! i #$% &"il "r -"u! i a $"u&%+

T$"&% )"ur#& a,ar! ",%r&$i( "- l" (r"(%r#y #" #$%-i!%r i- #$% (r"(%r#y i& lyi* ua##a)$%! " #$% &ur-a)% "-#$% la!+


25/255


Ri*$#& "- Fi!%r& "- P%r&"al Pr"(%r#y

Mislaid 'roperty P%r&"al (r"(%r#y i& mi&lai! i- #$% ",%r "lu#arily (u#& i# i a )%r#ai

(la)% ,i#$ #$% i#%# #" r%)laim i# 2u# #$% -ail& #" r%)laim "r -"r*%#&,$%r% #$% (r"(%r#y ,a& l%-#+

W$% (r"(%r#y i& mi&lai!' #$% ",%r "- #$% locusin (uo*%%rally $a&ri*$#& &u(%ri"r "%r #$% -i!%r a! all 2u# #$% #ru% ",%r+

Treasure Tro%e Tr%a&ur% #r"% %)"m(a&&%& *"l!' &il%r' )urr%)y "r #$% li6% #$a#' i

#$% !ia# (a' ,a& i#%#i"ally )")%al%! 2y a u6", (%r&"-"r &a-%6%%(i* i a &%)r%# l")a#i"+

I E*la!' #r%a&ur% #r"% 2%l"*& #" #$% Cr",+ I #$% Ui#%! S#a#%&' #r%a&ur% #r"% 2%l"*& #" #$% -i!%r ?"r ("&&i2ly

#" #$% ",%r "- #$% locus in (uoi- #$% -i!%r i& a #r%&(a&&%r@+


26/255


Ri*$#& "- Fi!%r& "- P%r&"al Pr"(%r#y

Employees* Agents and 'ersons 'resent for a Limited 'urpose

I- #$% -i!%r i& a %m(l"y%% "- #$% ",%r "- #$% locus in (uo'",%r&$i( i& a,ar!%! #" #$% la!",%r+

I- #$% -i!%r i& a %m(l"y%% "- &"m%"% "#$%r #$a #$%",%r "- #$% locus in (uo O,%r&$i( "- l" (r"(%r#y i& a,ar!%! #" #$% %m(l"y%r+

O,%r&$i( "- mi&lai! (r"(%r#y i& a,ar!%! #" #$% ",%r "-#$% locus in (uo)

I- a (%r&" i& " #$% (r%mi&%& -"r a limi#%! (ur("&% ?e)g)* amail )arri%r@' ",%r&$i( i& u&ually a,ar!%! #" #$% ",%r "-#$% locus in (uo)


27/255


28/255


29/255


30/255


31/255


32/255


Adverse Possession

Actual EG)%(#i"& #" #$% rul% )"ru)#i% ("&&%&&i" rul%:

I- la! i& !ii!%! i#" #," "r m"r% !ii)#i% l"#&' )"ru)#i%("&&%&&i" ,ill %G#%! "ly #" #$% l"# #$a# #$% ("&&%&&"ra)#ually "))u(i%&+

I- a #$ir! (%r&" i& i ("&&%&&i" "- (ar# "- #$% (r%mi&%&')"ru)#i% ("&&%&&i" !"%& "# %G#%# #" #$% ("r#i" #$%#$ir! (ar#y ("&&%&&%&+

May )"ur#& r%


33/255


34/255


35/255


36/255


37/255


38/255


A!%r&% P"&&%&&i" i Fl"ri!a2 34)56) Ad%erse 'ossession ,nder Color of Title

8a&i) R%


39/255


A!%r&% P"&&%&&i" i Fl"ri!a2 34)56) Ad%erse 'ossession ,nder Color of Title

P"&&%&&i" D%-i%!: U!%r #$i& &%)#i"' (r"(%r#y i& !%%m%! #" 2%("&&%&&%! ,$%

I# $a& 2%% u&ually )ul#ia#%! "r im(r"%!+

I# $a& 2%% (r"#%)#%! 2y a &u2a#ial %)l"&ur%+ All la! (r"#%)#%! 2y #$% %)l"&ur% mu 2% i)lu!%! ,i#$i

#$% !%&)ri(#i" "- #$% (r"(%r#y i #$% ,ri##% irum%#'u!*m%#' "r !%)r%%+

I- "ly a ("r#i" "- #$% la! (r"#%)#%! 2y #$% %)l"&ur% i&

i)lu!%! ,i#$i #$% !%&)ri(#i" "- #$% (r"(%r#y i #$% ,ri##%irum%#' u!*m%#' "r !%)r%%' "ly #$a# ("r#i" i& !%%m%!("&&%&&%!+


40/255


41/255


A!%r&% P"&&%&&i" i Fl"ri!a2 34)56) Ad%erse 'ossession ithout Color of Title

8a&i) R%


42/255


C"l"r "- Ti#l% a! C"ru)#i% A!%r&%P"&&%&&i" H Pr"2l%m 1 ?#%G# (+ 13@

Fir 4aria#i" /acts

O ",& a 1a)r% -arm' ,$i)$ $% $a& ("&&%&&%! &i)% 1=75+

I 1==' A %#%r%! #$% 2a)6 0 a)r%& u!%r )"l"r "- a iali!

!%%! -"r #$% %#ir% 1 a)r%&' ,$i)$ ,a& %G%)u#%! 2y ?,$"$a! " )laim #" #$% -arm@+

Si)% 1==' A $a& "))u(i%! a! im(r"%! #$% 2a)6 0 a)r%&+

A $a& "))u(i%! #$% 2a)6 0 a)r%& -"r #$% (%ri"! r%


43/255


44/255


C"l"r "- Ti#l% a! C"ru)#i% A!%r&%P"&&%&&i" H Pr"2l%m 1 ?#%G# (+ 13@

S%)"! 4aria#i" /acts

I 1=75' O #""6 #i#l% #" #$% 1a)r% -arm 2y a iali! !%%!+ O $a& ("&&%&&%! #$% -arm &i)% 1=75' ,$i)$ i& &u--i)i%# #"

&a#i&-y #$% r%l%a# a#u#% "- limi#a#i"&+ I 1==' A %#%r%! #$% 2a)6 0 a)r%& u!%r )"l"r "- a iali!

!%%! -"r #$% %#ir% 1 a)r%&' ,$i)$ ,a& %G%)u#%! 2y ?,$"$a! " )laim #" #$% -arm@+

Si)% 1==' A "))u(i%! a! im(r"%! #$% 2a)6 0 a)r%& "- #$%-arm+

A $a& "))u(i%! #$% 2a)6 0 a)r%& -"r #$% (%ri"! r%


45/255


46/255


C"l"r "- Ti#l% a! C"ru)#i% A!%r&%P"&&%&&i" H Pr"2l%m / ?#%G# (+ 13@

Fir 4aria#i" /acts

a! Y ar% #$% r%)"r! ",%r& "- L"#& 1 a! /' ,$i)$ ar%)"#i*u"u&+

N%i#$%r "r Y i& i ("&&%&&i" "- $i& l"#+ 8y a iali! !%%!' )"%y%! L"#& 1 a! / #" A+

A %#%r%! L"# 1 a! $a& "))u(i%! #$a# l"# -"r #$% (%ri"! r%


47/255



Fir 4aria#i" ?)"#iu%!@ Analysis

T$r"u*$ #$% iali! !%%! #$a# &$% r%)%i%! -r"m ' A $a& )"l"r "-#i#l% #" 2"#$ l"#&+

A al&" $a& a)#ual ("&&%&&i" "- L"# 1+ ",%%r' A $a& %i#$%r a)#ual "r )"ru)#i% ("&&%&&i" "- L"#

/+

T$%r%-"r%' A may )laim a!%r&% ("&&%&&i" "- L"# 1 2u# "# L"#/+

Conclusion T$% )"ur# ,ill a,ar! A #i#l% #" L"# 1+

Y ,ill r%#ai #i#l% #" L"# /+


48/255



S%)"! 4aria#i" /acts

a! Y ar% #$% r%)"r! ",%r& "- L"#& 1 a! /' ,$i)$ ar%)"#i*u"u&+

N%i#$%r "r Y i& i ("&&%&&i" "- $i& l"#+ )"%y%! L"#& 1 a! / #" A+

A %#%r%! L"# 1 a! $a& "))u(i%! #$a# l"# -"r #$% (%ri"! r%


49/255


50/255


51/255



T$ir! 4aria#i" ?)"#iu%!@ Analysis

T$r"u*$ #$% !%%! #" L"# 1 %G%)u#%! 2y ' A $a& r%)"r! #i#l% #"L"# 1+

?A al&" $a& ("&&%&&i" "- L"# 1+@ T$r"u*$ #$% !%-%)#i% !%%! #" L"# / %G%)u#%! 2y ' A $a& )"l"r

"- #i#l% #" L"# /+

A al&" $a& a)#ual ("&&%&&i" "- L"# /+

8%)au&% A $a& r%)"r! #i#l% #" L"# 1 a! $a& a!%r&%ly ("&&%&&%!L"# / -"r #$% a#u#"ry (%ri"!' A may )laim #i#l% #" 2"#$ l"#&+

Conclusion: T$% )"ur# ,ill a,ar! A #i#l% #" L"#& 1 a! /+


52/255


53/255


T"lli* i Fl"ri!a2 34)745) hen Limitations Tolled

T$% rui* "- #$% #im% u!%r #$% a#u#% "- limi#a#i"& i& #"ll%! 2y:

I)a(a)i#y

T$% a!u!i)a#%! i)a(a)i#y' 2%-"r% #$% )au&% "- a)#i" a))ru%!' "- #$%(%r&" %#i#l%! #" &u%+

I ay %%#' #$% a)#i" mu 2% 2%*u ,i#$i 7 y%ar& a-#%r #$% a)#' %%#'"r "))urr%)% *ii* ri&% #" #$% )au&% "- a)#i"+

Mi"ri#y

T$% mi"ri#y "- #$% (%r&" %#i#l%! #" &u% !uri* ay (%ri"! "- #im% i ,$i)$a (ar%#' *uar!ia' "r *uar!ia a! li#%m !"%& "# %Gi' $a& a i#%r%

a!%r&% #" #$% mi"r "r i)a(a)i#a#%! (%r&"' "r i& a!u!i)a#%! #" 2%i)a(a)i#a#%! #" &u%+

I ay %%#' #$% a)#i" mu 2% 2%*u ,i#$i 7 y%ar& a-#%r #$% a)#' %%#'"r "))urr%)% *ii* ri&% #" #$% )au&% "- a)#i"+


54/255


T"lli* i Fl"ri!a2 34)745) hen Limitations Tolled

A2&%)% -r"m #$% a#% "- #$% (%r&" #" 2% &u%!+ U&% 2y #$% (%r&" #" 2% &u%! "- a -al&% am% #$a# i& u6",

#" #$% (%r&" %#i#l%! #" &u% &" #$a# (r")%&& )a"# 2% &%r%!" #$% (%r&" #" 2% &u%!+

C")%alm%# i #$% a#% "- #$% (%r&" #" 2% &u%! &" #$a#(r")%&& )a"# 2% &%r%! " $im "r $%r+ 4"lu#ary (aym%#& 2y #$% all%*%! -a#$%r "- #$% )$il! i

(a#%ri#y a)#i"& !uri* #$% #im% "- #$% (aym%#&+ T$% (aym%# "- ay (ar# "- #$% (ri)i(al "r i#%r% "- ay

"2li*a#i" "r lia2ili#y -"u!%! " a ,ri##% irum%#+

T$% (%!%)y "- ay ar2i#ral (r")%%!i* (%r#aii* #" a !i&(u#%#$a# i& #$% &u2%)# "- #$% a)#i"+


55/255


T"lli* Pr"2l%m&Pr"2l%m 1?a@ ?T%G# (+ 103@

/acts

I 1=' A %#%r%! a!%r&%ly " la! ",%! 2y O+

O ,a& i&a% i 1=+

O !i%! i&a% a! i#%a#% i /3' a! O& $%ir ,a& u!%r " !i&a2ili#y i /3+

Issue: W$% ,ill A *ai #i#l% 2y a!%r&% ("&&%&&i"


56/255


T"lli* Pr"2l%m&Pr"2l%m 1?a@ ?)"#iu%!@

Analysis

U!%r #$% a#u#%


57/255


58/255


T"lli* Pr"2l%m&Pr"2l%m 1?2@ ?T%G# (+ 103@

/acts

O ,a& i&a% i 1=+

O !i%! i&a% a! i#%a#% i /3+

O& $%ir ,a& &iG y%ar& "l! i /3+ Issue: W$% ,ill A *ai #i#l% 2y a!%r&% ("&&%&&i"


59/255


T"lli* Pr"2l%m&Pr"2l%m 1?2@ ?)"#iu%!@

Analysis

U!%r #$% a#u#%


60/255


61/255


Ta)6i* Pr"2l%m&

Pr"2l%m /?#%G# (+ 10/@ /acts I 1==' A %#%r%! a!%r&%ly " 8la)6a)r%' ",%! 2y

O+

I 1==1' O !i%!' l%ai* a ,ill #$a# !%i&%! 8la)6a)r%

#" 8 -"r li-%' r%mai!%r #" C+ 8 !i%! i /' ,i#$"u# %%r $ai* %#%r%! "

8la)6a)r%+

Issue: W$" ",& 8la)6a)r%


62/255


63/255


64/255


Ta)6i* Pr"2l%m&

Pr"2l%m 3?)"#iu%!@ Ia# Ca&%

T$% S#a#u#% "- Limi#a#i"& ar#%! #" ru a*ai 8 i1==/' ,$% A %#%r%! #$% (r%mi&%&+

",%%r' i# !i! "# ar# #" ru a*ai C u#il 8 !i%! i/+

T$%r%-"r%' #$% S#a#u#% "- limi#a#i"& $a& "# y%# ru "u#a*ai C+

Conclusion: C ,i&+


65/255

>IFTS


66/255


El%m%#& "- a I#%r 4i"& >i-#

A i#%r i"& *i-# r%


67/255


El%m%#& "- a >i-# Cau&a M"r#i&

A *i-# )au&a m"r#i& i& a *i-# ma!% 2y a !""r i )"#%m(la#i" "- #$% !""r;&?immi%#@ !%a#$+

A *i-# )au&a m"r#i& r%


68/255


>i-# Pr"2l%m 1T%G# (+ 15

/acts

O ",& a (%arl ri*+

W$il% i&i#i* $%r !au*$#%r A' O l%a%& #$% ri* " #$%

2a#$r""m &i6+A-#%r O l%a%&' A !i&)"%r& #$% ri*+

W$% A #%l%($"%& O #" #%ll $%r "- #$% !i&)"%ry' O #%ll& A#" 6%%( #$% ri* a& a *i-#+


69/255


>i-# Pr"2l%m 1' Fir Qu%i"T%G# (+ 15

Issue: a& O ma!% a *i-# #" A

Analysis:

A *i-# r%


70/255


>i-# Pr"2l%m 1' Fir Qu%i"T%G# (+ 15

Pr%&%# D"a#i% I#%#: A !""r mu $a% (r%&%# !"a#i% i#%#+ O #"l! A #" 6%%( #$% ri* a& a *i-#+ T$%r%-"r%' O $a! (r%&%# !"a#i% i#%#+

D%li%ry F"r a i#%r i"& *i-#' #$% !%li%ry r%


71/255


>i-# Pr"2l%m 1' Fir Qu%i"T%G# (+ 15

A))%(#a)% A2&%# %i!%)% #" #$% )"#rary' a))%(#a)% i& (r%&um%!+

T$%r% i& " %i!%)% i!i)a#i* #$a# O !i! "# i#%! #" *i% #$%ri* #" A+

T$%r%-"r%' #$% a))%(#a)% r%


72/255


>i-# Pr"2l%m 1' S%)"! Qu%i"T%G# (+ 15

Issue: I- O $a& ma!% a *i-# #" A' may O )$a*% $%r mi! #$%%G# !ay a! r%


73/255

ESTATES


74/255


FEUDAL CHAIN

i*

T%a#I C$i%-?Mili#ary@



Mili#aryT%a#

S")a*%T%a#

Mili#aryT%a#

T%a# I C$i%-?Ciil >ra!S%r%a#ry@

C$ur)$?Fra6alm"i*@

S")a*%T%a#

S")a*%

T%a#

S")a*%

T%a#

S")a*%

T%a#

S")a*%

T%a#

S")a*%

T%a#

S")a*%

T%a#

S")a*%

T%a#

S")a*%

T%a#

S")a*%

T%a#

P%a&a#& P%a&a#& P%a&a#& P%a&a#& P%a&a#& P%a&a#& P%a&a#& P%a&a#& P%a&a#&

M%&% L"r!

T%a#I C$i%-

?Ciil P%##y

S%r%a#ry@


75/255


FEUDAL CHAIN (ontinued!

T%a#?M%&% L"r!@

L"r!

Su2T%a#

T%a# 1

L"r!

T%a# /

"u#infeudation "u#stitution?au#$"ri9%! i 1/= 2y

#$% a#u#% Quia Em(#"r%&@


76/255

>%%ral Warra#y D%%!


77/255


>%%ral Warra#y D%%!

T$% *ra#"r' -"r $im&%l- a! $i& $%ir& a! a&&i*&' )"%a#& ?1@#$a# #$% *ra#"r i& la,-ully &%i9%! i -%% &im(l% "- #$% (r%mi&%&' ?/@#$a# $% $a& a *""! ri*$# #" )"%y #$% -%% &im(l%' ?3@ #$a# #$%(r%mi&%& ar% -r%% -r"m all %)um2ra)%&' ?0@ #$a# #$% *ra#"r a!$i& $%ir& a! a&&i*& ,ill -"r%%r ,arra# a! !%-%! #$% *ra#%%a! $%r $%ir& a! a&&i*& a*ai %%ry (%r&" la,-ully )laimi*#$% (r%mi&%& "r ay (ar# #$%r%"-' ?5@ #$a# #$% *ra#"r a! $i& $%ir&a! a&&i*& ,ill *uara#%% #$%


78/255


>%%ral Warra#y D%%!

S#a#% "- C"u#y "- I $%r%2y )%r#i-y #$a# " #$i& !ay 2%-"r% m%' a "#ary (u2li)'(%r&"ally a((%ar%! #$% a2"% am%! J"$ D"%' ,$"a)6",l%!*%& #$a# $% "lu#arily &i*%! #$% -"r%*"i*

irum%# " #$% !ay a! y%ar #$%r%i m%#i"%!+I #%im"y ,$%r%"-' I $%r%u#" &u2&)ri2% my am% a! a--iGmy "--i)ial &%al " #$i& !ay "- ' / +

Jane Roe&i*a#ur% "- "#ary

N"#ary Pu2li) i a! -"rC"u#y'S#a#% "- My )"mmi&&i" %G(ir%&

A)6",l%!*%m%#

TA8LE OF CONSAN>UINITY H PARENTELIC SCEME


79/255


Deceased

Children

Grandchildren

Great-Grandchildren

Parents

BrothersSisters

NephewsNieces

Grand

NephewsNieces

Great-GrandNephewsNieces

Grandparents

AuntsUncles

FirstCousins

First CousinsOnce Remoed

First Cousins!wice Remoed

First Cousins!hrice Remoed


80/255


F$EEH%LD E"TATE"Fee "i&p'e A#so'ute

D%-ii#i": A -%% &im(l% a2&"lu#% i& #$% lar*% ("&&i2l%%a#% i la!' !%"#i* #$% a**r%*a#% "- all ("&&i2l%ri*$#& #$a# a (%r&" may $a% i #$a# (ar)%l "- la!+

% A and her heirs ,"r!& "- (ur)$a&%

,"r!& "- limi#a#i"


81/255


W"r!& "- Pur)$a&% + W"r!& "-Limi#a#i" )ords of purhase!%&)ri2% #$% (%r&"& ?)all%! B(ur)$a&%r&@ ,$"

#a6% a i#%r% u!%r a *ra# "r !%i&%+

)ords of 'i&itation!%&)ri2% #$% a#ur% "- #$% %a#% #a6% 2y #$%(ur)$a&%r&+

E8ample 95: % onveys *to A and her heirs+

W"r!& "- Pur)$a&%: T$% ,"r!& B#" A ar% ,"r!& "- (ur)$a&%' 2%)au&%#$%y i!i)a#% #$a# A #a6%& a i#%r% u!%r #$% *ra# -r"m O+

W"r!& "- Limi#a#i": T$% ,"r!& Ba! $%r $%ir& ar% ,"r!& "- limi#a#i"'2%)au&% #$%y !%&)ri2% #$% a#ur% "- #$% %a#% #a6% 2y A ?,$i)$ i& a

-%% &im(l% a2&"lu#%@+ A;& $%ir& #a6% "#$i* u!%r #$i& *ra#+


82/255

W ! - P $ W ! - Li i# #i


83/255


W"r!& "- Pur)$a&% + W"r!& "- Limi#a#i" E8ample 9;: T devises *to A for 'ife, re&ainder to the heirs of - in fee

si&p'e a#so'ute+ W"r!& "- Pur)$a&%

T$% ,"r!& B#" A ar% ,"r!& "- (ur)$a&%' 2%)au&% #$%y i!i)a#% #$a# A#a6%& a i#%r% ?(r%&%# ("&&%&&"ry i#%r%@ -r"m T i #$i& !%i&%+

T$% ,"r!& B#" #$% $%ir& "- 8 ar% al&" ,"r!& "- (ur)$a&%' 2%)au&% #$%y

i!i)a#% #$a# 8;& $%ir& #a6%& a i#%r% ?-u#ur% i#%r%@ -r"m T i #$i&!%i&%+

W"r!& "- Limi#a#i"

T$% ,"r!& B-"r li-% ar% ,"r!& "- limi#a#i"' 2%)au&% #$%y !%&)ri2% #$%a#ur% "- #$% %a#% #a6% 2y A ?li-% %a#%@+

T$% ,"r!& Bi -%% &im(l% a2&"lu#% ar% ,"r!& "- limi#a#i"' 2%)au&%#$%y !%&)ri2% #$% a#ur% "- #$% %a#% #a6% 2y 8;& $%ir&+

8 #a6% " i#%r% u!%r #$i& !%i&%+


84/255


85/255


F$EEH%LD E"TATE"Fee Tai' Pro#'e& 12 (te3t p 445!

/acts

O )"%y& 8la)6a)r% #" BA a! #$% $%ir& "- $%r 2"!y+

A #$% !i%& l%ai* $%r "ly )$il! 8 a& $%r "ly $%ir+

8 #$% !i%& ,i#$"u# $ai* $a! )$il!r% a! !%i&i* all $%r(r"(%r#y #" C+

Issue: W$a# i& #$% a#% "- #$% #i#l%


86/255


F$EEH%LD E"TATE"Fee Tai' Pro#'e& 12 (te3t p 445!

Analysis in Massachusetts $traditional fee tail& O& )"%ya)% )r%a#%& a -%% #ail *%%ral i A' ,i#$ a r%%r&i" i O+ O A;& !%a#$' #$% -%% #ail !%&)%!& #" $%r )$il!' 8+ W$% 8 !i%& ,i#$"u# i&&u%' #$% -%% #ail %!& a! #i#l% r%%r#& #" O i -%%

&im(l% a2&"lu#%+ T" !%i&% 8la)6a)r% #" C' 8 mu !i&%#ail !uri* $i& li-% ?,$i)$ ", )a

2% !"% #$r"u*$ #$% u&% "- a ra,@+ Analysis in /lorida

O;& )"%ya)% )r%a#%& a li-% %a#% i A' ,i#$ a r%mai!%r ?i -%% &im(l%a2&"lu#%@ i 8' ,$" i& A;& li%al !%&)%!a# 2%i* a# #$% #im% "- A;&!%a#$+

8%)au&% 8 $a& a r%mai!%r i -%% &im(l% a2&"lu#%' ,$% 8 !i%&' C #a6%&a -%% &im(l% a2&"lu#% #$r"u*$ #$% !%i&% i 8;& ,ill+

F$EEH%LD E"TATE"


87/255


F$EEH%LD E"TATE"Life Estate

Life Estate:% . to A for 'ife

Life Estate 'ur Autre


88/255


F$EEH%LD E"TATE"Life Estate 6 )aste


89/255


F$EEH%LD E"TATE"Life Estate 6 )aste

'ermissi%e or In%oluntary aste I"lu#ary ,a% "))ur& i- #$% li-% #%a# "r l%a&%$"l!

#%a# (%rmi#& #$% (r%mi&%& #" -all i#" !i&r%(air+ I"lu#ary ,a% may al&" "))ur i- #$% li-% #%a# -ail&

#" (ay m"r#*a*% i#%r% (aym%#&' #aG%&' "r #$%

#%a#;& &$ar% "- &(%)ial a&&%&&m%#&+ A li-% #%a# i& r%&("&i2l% -"r (%rmi&&i% ,a% "ly

#" #$% %G#%# "- R%#& a! (r"-i#& !%ri%! -r"m #$ir! (%r&"&' "r T$% r%a&"a2l% r%#al alu% "- #$% (r"(%r#y i- #$%

li-% #%a# r%mai& i ("&&%&&i"+ T$%r% i& " li6% limi#a#i" " #$% r%&("&i2ili#y "- a

l%&&%% -"r (%rmi&&i% ,a%+

F$EEH%LD E"TATE"


90/255


F$EEH%LD E"TATE"Life Estate 6 )aste (ontinued!

Ameliorati%e?"r m%li"ra#i%' am%li"ra#i*' "r m%li"ra#i*@aste: Am%li"ra#i% 2y a li-% #%a# ?"r ("&&i2ly 2y a #%a#-"r a &u2a#ial #%rm "- y%ar&@ i& ", all",%! i- I# i& (%rmi&&i%' T$% mar6%# alu% "- #$% r%mai!%rma;& i#%r% i& "# im(air%!'

"r A &u2a#ial a! (%rma%# )$a*% i #$% %i*$2"r$""! $a&

!%(ri%! #$% (r"(%r#y "- a r%a&"a2l% )urr%# alu%+

E)""mi) Wa%


91/255


E)""mi) Wa%a& !%-i%! i R%a#%m%# ?/!@ "- C"#ra)#& 30 )"mm%# )

S"m%#im%& &u)$ a lar*% (ar# "- #$% )" #" r%m%!y #$% !%-%)#& i)"ru)#i" )"&i& "- #$% )" #" u!" ,$a# $a& 2%% im(r"(%rly!"% #$a# #$% )" #" r%m%!y #$% !%-%)#& ,ill 2% )l%arly!i&(r"("r#i"a#% #" #$% (r"2a2l% l"&& i alu% #" #$% iur%! (ar#y+

Dama*%& 2a&%! " #$% )" #" r%m%!y #$% !%-%)#& ,"ul! #$% *i%#$% iur%! (ar#y a r%)"%ry *r%a#ly i %G)%&& "- #$% l"&& i alu% #"$im a! r%&ul# i a &u2a#ial ,i!-all+ Su)$ a a,ar! ,ill "# 2%ma!%+

F$EEH%LD E"TATE"


92/255


F$EEH%LD E"TATE"

Defeasi#'e Fees and %ther Defeasi#'e

Estates F%% Sim(l% D%#%rmia2l%: O )"%y& #" A a! $i& $%ir& -"r &" l"*

a& ?"r !uri*' ,$il%' "r u#il@ li


93/255


F$EEH%LD E"TATE"Defeasi#'e Estates

Rul%& "- C"ru)#i"VPr%-%r%)% A )"%a# i& (r%-%rr%! "%r a !%-%a&i2l% %a#%' 2%)au&% #$% a,ar!

i& m"%y !ama*%& ra#$%r #$a -"r-%i#ur%+

A -%% &im(l% &u2%)# #" a )"!i#i" &u2&%


94/255


N%NF$EEH%LD E"TATE"

Ter& of 7ears(and %ther Leaseho'd Interests! T$% !ura#i" "- a %a#% -"r y%ar& i& a2&"lu#%ly )"m(u#a2l% ?e)g+' i

m"#$& "r y%ar&@ -r"m #$% #im% "- i#& )r%a#i"+

% . A for 45 years

A r%)%i%& a #%rm -"r / y%ar&+

O r%#ai& a r%%r&i"+


95/255


R%rai#& " Ali%a#i"

Disabling U!%r a !i&a2li* r%rai#' A may "# )"%y+ Di&a2li* r%rai#& ar% al,ay& "i!+

/orfeiture U!%r a -"r-%i#ur% r%rai#' A l"&%& $%r %a#% i- &$% a##%m(#&

#" )"%y+ F"r-%i#ur% r%rai#& ar% ali! -"r li-% %a#%& a! -u#ur%

i#%r%&' 2u# #$%y ar% "# %-"r)%a2l% -"r -%% &im(l% %a#%&+ 'romissory

U!%r a (r"mi&&"ry r%rai#' A (r"mi&%& "# #" )"%y+ Pr"mi&&"ry r%rai#& ar% ali! -"r li-% %a#%& a! -u#ur%

i#%r%&' 2u# #$%y ar% "# %-"r)%a2l% -"r -%% &im(l% %a#%&+


96/255


R%rai#& " Ali%a#i"

Modern Approach to "estraints: S"m% )"ur#& ", !%#%rmi%#$% ali!i#y "- r%rai#& 2y m%a&uri* #$%m i #%rm& "-

T$%ir !ura#i"'

T$% #y(% "- ali%a#i" (r%)lu!%! a! T$% &i9% "- #$% )la&& (r%)lu!%! -r"m #a6i*+

'artial "estraints: Par#ial r%rai#& may 2% %-"r)%!' ,i#$ #$%)"ur# ,%i*$i* (ur("&%' %--%)# a! !ura#i"+


97/255

FUTURE INTERESTS

$E8E$"I%NA$7 INTE$E"T"


98/255


$E8E$"I%NA$7 INTE$E"T"$eversions

Definition: A r%%r&i" i& a -u#ur% i#%r% r%#ai%! 2y #$% *ra#"r,$% #$% *ra#"r #ra&-%r& l%&& #$a a -%% i#%r% #" a #$ir! (%r&"+

Transferability: A r%%r&i" i& #ra&-%ra2l%' !%i&a2l%' a!!%&)%!i2l% ?ma"ri#y a! Fl"ri!a rul%@+

"ule Against 'erpetuities: A r%%r&i" i& "# &u2%)# #" RAP+

% . A for 'ife, then to - for 'ife, then to C for 'ife

T$% %#ir% -%% &im(l% a2&"lu#% i& "# a))"u#%! -"r i #$ira&a)#i"+

T$%r%-"r%' -"ll",i* all "- #$%&% li-% %a#%&' O $a& a r%%r&i"+



99/255



% . A for a ter& of ten years A $a& a #%rm "- #% y%ar& ?l%a&%$"l! i#%r%@+

O r%#ai& a r%%r&i"+

% . A for 'ife

O r%#ai& a r%%r&i"+ Then % . her reversion to C

C;& i#%r% i& ill !%-i%! a& a r%%r&i"' %% #$"u*$ i# i&", i a #$ir! (ar#y+



100/255

Pr"(%r#y I Sli!%& 100

T . -'a9are to A for 'ife

T;& ,ill !"%& "# i)lu!% a r%&i!uary )lau&%+

W$% T !i%&

A *%#& a (r%&%# ("&&%&&"ry li-% %a#%+ T;& r%%r&i" (a&&%& #" T;& $%ir& 2y #$% la,& "- i#%a)y+




101/255

Pr"(%r#y I Sli!%& 101


T . -'a9are to A for 'ife

A'so T . *the rest and residue of &y estate to -+

W$% T !i%&

A *%#& a (r%&%# ("&&%&&"ry li-% %a#%+ 8 *%#& #$% r%&i!u% "- T;& %a#%' ,$i)$ i)lu!%& #$% r%%r&i" #"

8la)6a)r%+



102/255

Pr"(%r#y I Sli!%& 102

$E8E$"I%NA$7 INTE$E"T"Possi#i'ities of $everter Definition: A ("&&i2ili#y "- r%%r#%r i& a -u#ur% i#%r% i #$% *ra#"r #$a#

-"ll",& a -%% &im(l% ?"r a li-% %a#%@ !%#%rmia2l%+

Transferability

A# ri)# )"mm" la,' a ("&&i2ili#y "- r%%r#%r )"ul! !%&)%! #$r"u*$i#%a)y 2u# )"ul! "# 2% !%i&%! "r #ra&-%rr%! i#%r i"& ?#$% rul% i

Mahrenhol= %) County 0oard of #chool Trustees@+ U!%r #$% m"!%r #r%!' a ("&&i2ili#y "- r%%r#%r i& #ra&-%ra2l%'

!%i&a2l%' a! !%&)%!i2l% ?ma"ri#y a! Fl"ri!a rul%@+

#tatute of Limitations: T$% S#a#u#% "- Limi#a#i"& 2%*i& #" ru " a("&&i2ili#y "- r%%r#%r a& &"" a& #$% limi#a#i" "))ur& ?2%)au&% #$% (r"(%r#y

au#"ma#i)ally r%%r#& #" #$% *ra#"r " #$% "))urr%)% "- #$% limi#a#i"@+ "ule Against 'erpetuities: A ("&&i2ili#y "- r%%r#%r i& "# &u2%)# #" RAP+



103/255

Pr"(%r#y I Sli!%& 103

$E8E$"I%NA$7 INTE$E"T"Possi#i'ities of $everter

% . A and her heirs for so 'ong as 'iuor is not served on

the pre&ises

A $a& a -%% &im(l% !%#%rmia2l%' a! O $a& a ("&&i2ili#y "-r%%r#%r' ,$i)$ -all& i au#"ma#i)ally i- li


104/255

Pr"(%r#y I Sli!%& 104

$ights of $eentry (Po;ers of

Ter&ination! Definition: A ri*$# "- r%%#ry i& a -u#ur% i#%r% i #$% *ra#"r #$a# -"ll",& a -%%

&im(l% ?"r a li-% %a#%@ &u2%)# #" a )"!i#i" &u2&%


105/255

Pr"(%r#y I Sli!%& 105

$ights of $eentry (Po;ers of

Ter&ination! % . A and his heirs, #ut if 'iuor is served on the pre&ises, then

% or his heirs &ay reenter and ter&inate A


106/255

Pr"(%r#y I Sli!%& 106


Right of Reentry (Power of Termination)

% onveys to A= provided, ho;ever, that 'iuor &ay not #e

served on the pre&ises

N" ri*$# "- r%%#ry $a& 2%% r%&%r%!+

T$%r%-"r%' O )a"# #a6% #$% (r"(%r#y 2a)6 i- li


107/255

Pr"(%r#y I Sli!%& 107

$E>AINDE$"8ested $e&ainders

Definition: A r%mai!%r i& a -u#ur% i#%r% )r%a#%! i a! #$a# r%mai&a,ay -r"m #$% *ra#"r i a #$ir! (%r&"+

"e(uirements A %%! r%mai!%r r%


108/255

Pr"(%r#y I Sli!%& 108


T . A for 'ife, re&ainder to - and his heirs

A $a& a li-% %a#%+ 8 $a& a %%! r%mai!%r i -%% &im(l%' 2%)au&%

T$% #a6%r i& i!%#i-i%!' a! 8;& i#%r% -all& i au#"ma#i)ally a# #$% a#ural #%rmia#i" "-

#$% (r%i"u& %a#% ?,$% A !i%&@+ % . A for 'ife, re&ainder to - for 'ife, re&ainder to C and her

heirs A $a& a li-% %a#%+ 8 $a& a %%! r%mai!%r -"r li-% + C $a& a %%! r%mai!%r i -%% &im(l%+

$E>AINDE$"


109/255

Pr"(%r#y I Sli!%& 109



110/255

Pr"(%r#y I Sli!%& 110



111/255

Pr"(%r#y I Sli!%& 111

$E>AINDE$"Contingent $e&ainders

Definition: A r%mai!%r i& a -u#ur% i#%r% #$a# i& )r%a#%! i a! #$a#r%mai& a,ay -r"m #$% *ra#"r i a #$ir! (%r&"+

"e(uirements: A r%mai!%r ,ill 2% )"#i*%# i- T$% #a6%r& ar% ua&)%r#ai%!' "r

T$% i#%r% i& &u2%)# #" a )"!i#i" (r%)%!%# a! #$%r%-"r% !"%&"# -all i au#"ma#i)ally " #$% a#ural #%rmia#i" "- #$% (r%i"u&%a#%+

Transferability A# ri)# )"mm" la,' a )"#i*%# r%mai!%r )"ul! !%&)%! a!

2% !%i&%! 2u# )"ul! "# 2% #ra&-%rr%! i#%r i"&+

U!%r m"!%r la,' a )"#i*%# r%mai!%r i& #ra&-%ra2l%'!%&)%!i2l%' a! !%i&a2l% ?%G)%(#' ("&&i2ly' ,$% #$% )"#i*%#r%mai!%r i& i a ua&)%r#ai%! (%r&"@+

"ule Against 'erpetuities: A )"#i*%# r%mai!%r i& &u2%)# #" RAP+

$E>AINDE$"


112/255

Pr"(%r#y I Sli!%& 112


,nascertained Ta>ers: T .to A for 'ife, re&ainder to A


113/255

Pr"(%r#y I Sli!%& 113


Condition 'recedent to Ta>ing: % . to A for 'ife, re&ainder to -and her heirs if - reahes 4?

If 0 is Already :51 I-' a# #$% #im% "- )r%a#i"' 8 i& alr%a!y /1' A$a& a li-% %a#% a! 8 $a& a %%! r%mai!%r i -%% &im(l%+

If 0 is !ot ?et :5 I-' a# #$% #im% "- )r%a#i"' 8 i& "# y%# /1' A $a& a li-% %a#%

a! 8;& r%mai!%r i& )"#i*%#' 2%)au&% 8 $a& "# y%#-ul-ill%! #$% )"!i#i" (r%)%!%#' ,$i)$ i& 8 r%a)$i* /1+

T$%r%-"r%' O r%#ai& a r%%r&i"+


114/255

Pr"(%r#y I Sli!%& 114

$u'e in Purefoy v. Rogers(?@5!

"ule: I- a -u#ur% i#%r% i& &" )r%a#%! #$a# i# may i &"m% )a&% -all iau#"ma#i)ally a# #$% a#ural #%rmia#i" "- #$% (r%i"u& %a#%' i# ,ill2% #r%a#%! -"r all (ur("&%& a& a )"#i*%# r%mai!%r+

% onveys to A for 'ife, re&ainder to - and his heirs if -reahes 4?

A $a& a li-% %a#%+ I- 8 i& "# y%# /1 a# #$% #im% "- )r%a#i"' 8 may "# 2% r%a!y #"

#a6% ,$% A !i%&+ ",%%r' 8 )"ul! ("&&i2ly #ur /1 2%-"r% A !i%&+ T$%r%-"r%' u!%r #$% rul% i 'urefoy %) "ogers* 8;& i#%r% i&

#r%a#%! a& a )"#i*%# r%mai!%r ra#$%r #$a a %G%)u#"ryi#%r% ?a! #$u& may 2% !%r"y%! i a#%& i ,$i)$)"#i*%# r%mai!%r& ar% ill !%ru)#i2l%@+


115/255

Pr"(%r#y I Sli!%& 115

$u'e in Purefoy v. Rogers(?@5!

"ule of Law: T$% rul% i 'urefoy %) "ogersi& a rul% "- la,' ,$i)$)r%a#%& a irr%2u##a2l% (r%&um(#i"+

Modern Importance

T$% rul% i 'urefoy %) "ogers i& "# %ry im("r#a# i #$"&%a#%& i ,$i)$ )"#i*%# r%mai!%r& ar% "# !%ru)#i2l%+

",%%r' #$% rul% ill mu 2% )"&ul#%! i uri&!i)#i"& &u)$ a&Fl"ri!a #$a# $a% r%#ai%! #$% !%ru)#i2ili#y "- )"#i*%#r%mai!%r&+

Destruti#i'ity of Contingent $e&aindersM th d


116/255

Pr"(%r#y I Sli!%& 116

Methods

A )"#i*%# r%mai!%r i& !%ru)#i2l% a# )"mm" la, i- I# i& "# %%! 2y #$% a#ural #%rmia#i" "- #$% (r%i"u& &u(("r#i*

%a#%' "r M%r*%r "))ur&:

W$% "% (ar#y ,$" ("&&%&&%& a (r%&%# "r -u#ur% i#%r% i #$%&u2%)# r%al#y 2y &u2&%


117/255

Pr"(%r#y I Sli!%& 117

Failure at Natural Termination of Prior Vested

Estate % . A for 'ife, re&ainder to - and her heirs if - reahes 4?

I#%r%& Cr%a#%! A $a& a li-% %a#%+ I- 8 i& "# y%# /1' 8 $a& a )"#i*%# r%mai!%r ?)"#i*%#

" 8 r%a)$i* /1@+

O r%#ai& a r%%r&i"+ A&&um% #$a# A !i%& a! 8 i& "# y%# /1+

8;& )"#i*%# r%mai!%r )a"# -all i a#urally a# #$%#%rmia#i" "- A& li-% %a#%' 2%)au&% 8 $a& "# y%# m%# #$%)"!i#i" (r%)%!%# #" %i* ?r%a)$i* #$% a*% "- /1@+

8& )"#i*%# r%mai!%r i& !%r"y%!+ T$%r%-"r%' O;& r%%r&i" ,ill -all i+

Destruti#i'ity of Contingent $e&ainders


118/255

Pr"(%r#y I Sli!%& 118

Merger % . A for 'ife, re&ainder to - if - earns a 'a; degree

I#%r%& Cr%a#%!A $a& a li-% %a#%+ I- 8 $a& "# y%# %ar%! a la, !%*r%%' 8 $a& a )"#i*%#

r%mai!%r i -%% &im(l% a2&"lu#%+ O r%#ai& a r%%r&i"+ A&&um% #$a#' "% y%ar la#%r' O )"%y& $%r r%%r&i" #" A a! 8 ill

$a& "# %ar%! a la, !%*r%%+A ", $a& 2"#$ a li-% %a#% a! a r%%r&i"+A# )"mm" la,' A;& #," i#%r%& m%r*%' 2%)au&% #$%y ar% "#

&%(ara#%! 2y a %%! %a#%+ A *%#& a -%% &im(l% a2&"lu#%+

8& )"#i*%# r%mai!%r i& !%r"y%!+

Destruti#i'ity of Contingent $e&aindersM ( ti d)


119/255

Pr"(%r#y I Sli!%& 119

Merger (continued)

% . A for 'ife, re&ainder to -


120/255

Pr"(%r#y I Sli!%& 120

Merger (continued)

T . A for 'ife, re&ainder to -


121/255

Pr"(%r#y I Sli!%& 121

EBECUT%$7 INTE$E"T"

Definition: A %G%)u#"ry i#%r% i& a -u#ur% i#%r% i a #$ir!(%r&"+

"e(uirements: A %G%)u#"ry i#%r% )a"# -all i au#"ma#i)allya# #$% a#ural #%rmia#i" "- #$% (r%i"u& %a#%' 2%)au&%

I# )u#& "-- #$% (r%i"u& %a#% ?&$i-#i* %G%)u#"ry i#%r%@' "r I# !"%& "# 2%)"m% (r%&%#ly ("&&%&&"ry u#il &"m% #im%

a-#%r #$% a#ural #%rmia#i" "- #$% (r%i"u& %a#% ?&(ri*i*%G%)u#"ry i#%r%@+

Transferability: A %G%)u#"ry i#%r% i& #ra&-%ra2l%' !%&)%!i2l%'

a! !%i&a2l%+ "A': A %G%)u#"ry i#%r% i& &u2%)# #" RAP+

EBECUT%$7 INTE$E"T"


122/255

Pr"(%r#y I Sli!%& 122

EBECUT%$7 INTE$E"T""hifting E3eutory Interests

% . A, #ut if 'iuor is served on the pre&ises then to -

and her heirs

A $a& a -%% &im(l% &u2%)# #" a )"!i#i" &u2&%


123/255

Pr"(%r#y I Sli!%& 123

EBECUT%$7 INTE$E"T""pringing E3eutory Interest

% . A for 'ife, re&ainder to - and her heirs one&onth after A


124/255

Pr"(%r#y I Sli!%& 124

T$U"T"

T$% %&&%)% "- a #ru i& a &(li# 2%#,%% #$% l%*al a!%


125/255

Pr"(%r#y I Sli!%& 125

$u'e in helley!s "ase (??!

% . to A for 'ife, re&ainder to the heirs of A

"e(uirements

A mu *%# a -r%%$"l! %a#% ?a li-% %a#% "r a -%% #ail@+

A;& $%ir& mu *%# a r%mai!%r i -%% ?"r i #ail@+

T$% &am% irum%# mu )r%a#% 2"#$ A;& a! A;& $%ir&;i#%r%&+

8"#$ %a#%& mu 2% l%*al "r 2"#$ mu 2% %


126/255

Pr"(%r#y I Sli!%& 126

$u'e in helley!s "ase (??!

Effect: I- all "- #$%&% r%


127/255

Pr"(%r#y I Sli!%& 127

Dotrine of )orthier Tit'e

% . A for 'ife, re&ainder to the heirs of % "e(uirements

A mu *%# &"m% 6i! "- %a#% l%&& #$a a -%% &im(l% ?#$% %a#% %%!"# 2% -r%%$"l!@+

O;& $%ir& ar% *i% a r%mai!%r ?"r a %G%)u#"ry i#%r%' i #$% rar%)a&%@+

8"#$ i#%r%& mu 2% )r%a#%! 2y #$% &am% irum%#+ 8"#$ i#%r%& mu 2% l%*al "r 2"#$ mu 2% %


128/255

Pr"(%r#y I Sli!%& 128

Dotrine of )orthier Tit'e

"ule of Construction: T$% D")#ri% "- W"r#$i%r Ti#l% i& a rul% "-)"ru)#i"' "# la,+ T$% r%mai!%r i O;& $%ir& )r%a#%& a r%2u##a2l%

(r%&um(#i" #$a# O i#%!%! #" r%#ai #$a# i#%r% a& a

r%%r&i"+ T$i& (r%&um(#i" may 2% r%2u##%! 2y )l%ar %G(r%&&

%i!%)% #$a# O !i! i#%! #" )r%a#% a r%mai!%r i $i&$%ir&+

I- #$% (r%&um(#i" i& rai&%!' 2u# i# i& "# r%2u##%!' A *%#& a

li-% %a#% a! O r%#ai& a r%%r&i" ?a! #$u& O;& $%ira6% "#$i* " #$%ir ",@+

$u'e of Conveniene


129/255

Pr"(%r#y I Sli!%& 129

$u'e of Conveniene

0asic "ule: U!%r #$% Rul% "- C"%i%)%' a )la&& )l"&%& ,$% am%m2%r "- #$% )la&& i& %#i#l%! #" !iri2u#i"+

Classes to hich the "ule of Con%enience Applies: T$% Rul% "-C"%i%)% a((li%& #" #$% -"ll",i* )la&&%&: K)$il!r%'KK*ra!)$il!r%'K K2r"#$%r&'K K&i%r&'K K%($%,&'K Ki%)%&'K K)"u&i&'K

Ki&&u%'K K!%&)%!a#&K "r K-amilyK "- a !%&i*a#%! (%r&"+

$u'e of Conveniene


130/255

Pr"(%r#y I Sli!%& 130

$u'e of Conveniene

Immediate .ift to a Class $ith !o Condition 'recedent& I- #$% )la&& i& alr%a!y )l"&%! a# #$% #im% #$% *i-# #a6%& %--%)# ?#im%

"- )"%ya)% -"r a i#%r i"& *i-# "r #im% "- #%a#"r"& !%a#$ -"ra ,ill@' all m%m2%r& "- #$% )la&& ,ill #a6%+

I-' a# #$% #im% #$% *i-# #a6%& %--%)#' #$% )la&& $a& m%m2%r& %#i#l%!#" #a6% imm%!ia#%ly 2u# #$% )la&& $a& "# (r%i"u&ly )l"&%!' All m%m2%r& "- #$% )la&& )")%i%! a# #$% #im% #$% *i-# i&

ma!% ,ill 2% i)lu!%! a! may #a6%+ ",%%r' #$% )la&& ,ill )l"&% #" #$% %G)lu&i" "- a-#%r2"r

)$il!r%' ,$" may "# #a6%+ I- #$% )la&& $a& " m%m2%r& a# #$% #im% #$% *i-# i& ma!%' all

m%m2%r& "- #$% )la&&' ,$%%%r 2"r' ,ill 2% i)lu!%! a! may#a6%+

$u'e of Conveniene


131/255

Pr"(%r#y I Sli!%& 131

$u'e of ConvenieneT . the hi'dren of A

EGam(l% "- Imm%!ia#% >i-# #" a Cla&& ?Wi#$ N" C"!i#i" Pr%)%!%#@:T . the hi'dren of A

If A Is Dead at the Time the .ift Ta>es Effect

I- A i& !%a! a# #$% #im% "- T"& !%a#$' #$% )la&& "- A"& )$il!r%

,ill 2% )l"&%!+ T$%r%-"r%' all "- A"& )$il!r% ,ill 2% i)lu!%! a! ,ill #a6%+

If A Is Ali%e at the Time of Ts Death and +as Children at That Time

T$% )$il!r% 2"r a# #$% #im% "- T"& !%a#$ ar% %#i#l%! #"imm%!ia#% !iri2u#i"+

T$%r%-"r%' #$% )la&& ,ill )l"&%' a! all "- #$"&% )$il!r% ,ill 2%i)lu!%! a! may #a6%+

",%%r' a-#%r2"r )$il!r% ,ill 2% %G)lu!%!+

$u'e of Conveniene


132/255

Pr"(%r#y I Sli!%& 132

$u'e of ConvenieneT . the hi'dren of A

If A Is Ali%e at T@s Death 0ut Does !ot +a%e Children at That

Time:

N" "% i& #$% %#i#l%! #" imm%!ia#% !iri2u#i"+

T$%r%-"r%' #$% )la&& &$"ul! r%mai "(%+

All "- A;& )$il!r%' ,$%%%r 2"r' ,ill 2% i)lu!%! a!&$"ul! 2% a2l% #" #a6%+

S"m% au#$"ri#i%& &u**% #$a# #$% -ir"r )$il! #a6%& #$%%#ir% %a#% " $%r 2ir#$' &u2%)# #" (ar#ial !i%m%# 2y #$%2ir#$ "- la#%r )$il!r%+ 5 Am%ri)a La, "- Pr"(%r#y //+0/ a#

355 ?Ca&%r %!+ 1=5/@ a! R%a#%m%# ?/!@ "- Pr"(%r#y /=0+

",%%r' #$% )a&% la, " #$i& ("i# i& &(ar&%+

$u'e of Conveniene


133/255

Pr"(%r#y I Sli!%& 133

$u'e of Conveniene

'ostponed .ift to a Class $ith !o Condition 'recedent& I- #$% )la&& i& alr%a!y )l"&%! a# #$% #im% #$% ("("%m%# %!&

$e)g+' a# #$% %! "- a (r%&%# ("&&%&&"ry li-% %a#%@' all m%m2%r&"- #$% )la&& ,ill 2% i)lu!%! a! ,ill #a6%+

I- #$% )la&& $a& m%m2%r& 2u# i& "# y%# )l"&%! a# #$% #im% #$%("("%m%# %!&' All m%m2%r& "- #$% )la&& )")%i%! a# #$% #im% #$%

("("%m%# %!& ,ill 2% i)lu!%! a! may #a6%+ ",%%r' #$% )la&& ,ill )l"&% #" #$% %G)lu&i" "- a-#%r2"r

)$il!r%' ,$" may "# #a6%+

I- #$% )la&& $a& " m%m2%r& a# #$% #im% #$% ("("%m%# %!&'all m%m2%r& "- #$% )la&&' ,$%%%r 2"r' ,ill 2% i)lu!%! a! may#a6%+

$u'e of Conveniene


134/255

Pr"(%r#y I Sli!%& 134

$u'e of ConvenieneT . A for 'ife, re&ainder to the hi'dren of -

EGam(l% "- P"("%! >i-# #" a Cla&& ?Wi#$ N" C"!i#i"Pr%)%!%#@: T . A for 'ife, re&ainder to the hi'dren of -

If 0 Is Dead at the Time of Ts Death

I- 8 i& !%a! a# #$% #im% "- T"& !%a#$' #$% )la&& "- 8"&

)$il!r% ,ill 2% )l"&%!+ T$%r%-"r%' all "- 8"& )$il!r% ,ill 2% i)lu!%! a! may #a6%+

If 0 Dies After T 0ut 0efore A

I- 8 !i%& a-#%r T 2u# 2%-"r% A' #$% )la&& "- 8"& )$il!r% ,illal&" 2% )l"&%!+

T$%r%-"r%' all "- 8"& )$il!r% ,ill 2% i)lu!%! a! may #a6%+

$u'e of Conveniene


135/255

Pr"(%r#y I Sli!%& 135

CT . A for 'ife, re&ainder to the hi'dren of -

If 0 Is Ali%e at the Time of As Death and 0 +as Children at

That Time

All )$il!r% #$% 2"r ar% i)lu!%! a! ar% %#i#l%! #"!iri2u#i" a# A"& !%a#$+

",%%r' #$% )la&& ,ill )l"&% a# #$a# #im% #" #$% %G)lu&i""- a-#%r2"r )$il!r%+

$u'e of Conveniene


136/255

Pr"(%r#y I Sli!%& 136

T . A for 'ife, re&ainder to the hi'dren of -

If 0 Is Ali%e at A@s Death 0ut Does !ot +a%e Children at That

Time

N" )$il! i& #$% %#i#l%! #" imm%!ia#% !iri2u#i"+

T$% )la&& &$"ul! r%mai "(%+

T$%r%-"r%' all "- 8;& )$il!r%' ,$%%%r 2"r' &$"ul! 2%i)lu!%! a! &$"ul! 2% a2l% #" #a6%+

A*ai' &"m% au#$"ri#i%& &u**% #$a# #$% -ir"r )$il!#a6%& #$% %#ir% %a#% " $%r 2ir#$' &u2%)# #" (ar#ial!i%m%# 2y #$% 2ir#$ "- la#%r )$il!r%+ R%a#%m%#?/!@ "- Pr"(%r#y /=5 a! 5 Am%ri)a La, "- Pr"(%r#y //+0/ a# 355 ?Ca&%r %!+ 1=5/@+

$u'e of Conveniene


137/255

Pr"(%r#y I Sli!%& 137

O X #" 8"& )$il!r% ,$" r%a)$ /1

Immediate .ift to a ClassCoupledith a Condition 'recedent A imm%!ia#% *i-# #" a )la&& may 2% )"u(l%! ,i#$ a )"!i#i" (r%)%!%#@+ I &u)$ a )a&%' #$% )la&& )l"&%& ,$% #$% -ir m%m2%r "- #$% )la&&

&a#i&-i%& #$% )"!i#i"+ All #$% 2"r m%m2%r& "- #$% )la&& ar% i)lu!%! a! ma6% #a6% i- a!

,$% #$%y &a#i&-y #$% )"!i#i"+ ",%%r' a-#%r2"r )$il!r% ,ill 2% %G)lu!%!+ EGam(l% "- a Imm%!ia#% >i-# #" a Cla&& C"u(l%! Wi#$ a C"!i#i"

Pr%)%!%#: O X #" 8"& )$il!r% ,$" r%a)$ /1+ If 0 is Dead at the Time the Con%eyance Is Made

I- 8 i& !%a! a# #$% #im% #$% )"%ya)% i& ma!%' #$% )la&& "- 8"&

)$il!r% ,ill 2% )l"&%!+ T$%r%-"r%' all "- 8"& )$il!r% ,ill 2% i)lu!%! a! may #a6%' i- a!,$% #$%y r%a)$ /1+

$u'e of Conveniene


138/255

Pr"(%r#y I Sli!%& 138

O X #" 8"& )$il!r% ,$" r%a)$ /1

If 0 Is Ali%e at the Time the Con%eyance Is Made and 0 +as

a Child ho Is :5

I- 8 i& ali% a# #$% #im% #$% )"%ya)% i& ma!%' a! 8$a& a )$il! ,$" $a& r%a)$%! /1' #$% )la&& ,ill )l"&%'

2%)au&% #$a# )$il! i& %#i#l%! #" imm%!ia#% !iri2u#i"+All "- 8;& #$% 2"r )$il!r% ,ill 2% i)lu!%!' a! #$%y

may #a6% i- a! ,$% #$%y r%a)$ /1+

",%%r' all a-#%r2"r )$il!r% ,ill 2% %G)lu!%!+

$u'e of Conveniene


139/255

Pr"(%r#y I Sli!%& 139

O X #" 8"& )$il!r% ,$" r%a)$ /1


a Child ho Is 54

I- 8 i& ali% a# #$% #im% #$% )"%ya)% i& ma!%' a! 8$a& "% )$il! ,$" i& 15' #$% )la&& ,ill r%mai "(%+

T$% )la&& ,ill )l"&% i- a! ,$% a )$il! "- 8 r%a)$%& /1+All )$il!r% "- 8 2"r a# #$% #im% #$% -ir )$il! r%a)$%& /1

,ill 2% i)lu!%!' a! #$%y may #a6%' i- a! ,$% #$%yr%a)$ /1+

All )$il!r% 2"r a-#%r #$% -ir )$il! r%a)$%& /1 ar%%G)lu!%!+

$u'e of Conveniene


140/255

Pr"(%r#y I Sli!%& 140

O X #" 8"& )$il!r% ,$" r%a)$ /1


!o Children

I- 8 i& ali% a# #$% #im% #$% )"%ya)% i& ma!%' a! 8$a& " )$il!r%' #$% )la&& ,ill r%mai "(%+

T$% )la&& ,ill )l"&% i- a! ,$% a )$il! "- 8 r%a)$%& /1+All )$il!r% "- 8 2"r a# #$% #im% #$% -ir )$il! r%a)$%& /1

,ill 2% i)lu!%!' a! #$%y may #a6%' i- a! ,$% #$%yr%a)$ /1+

All )$il!r% 2"r a-#%r #$% -ir )$il! r%a)$%& /1 ar%%G)lu!%!+

$u'e of Conveniene


141/255

Pr"(%r#y I Sli!%& 141

$u'e of Conveniene

.ift to a Classith a Combination of 'ostponements $Combinedith a Condition 'recedent&

A *i-# #" a )la&& may 2% ma!% ,i#$ a )"m2ia#i" "-("("%m%#& ?)"m2i%! ,i#$ a )"!i#i" (r%)%!%#@+

I &u)$ a )a&%' #$% ("("%m%# i& !%%m%! #" %!' a! #$%)la&& )l"&%&' ,$% #$% la )"!i#i" i& &a#i&-i%!+

All m%m2%r& "- #$% )la&& 2"r 2%-"r% #$% )la&& )l"&%& ar%i)lu!%! a! may #a6%' i- a! ,$% #$%y &a#i&-y #$% )"!i#i"+

",%%r' all a-#%r2"r (%r&"& ar% %G)lu!%!+

$u'e of Conveniene


142/255

Pr"(%r#y I Sli!%& 142

O X A -"r li-%' r%mai!%r #" 8"& )$il!r% ,$" r%a)$ /1

EGam(l% "- >i-# #" a Cla&& ,i#$ a C"m2ia#i" "- P"("%m%#&?Wi#$ a C"!i#i" Pr%)%!%#@: O X A -"r li-%' r%mai!%r #" 8"&)$il!r% ,$" r%a)$ /1+

If 0 Is Dead at the Time the Con%eyance Is Made

I- 8 i& !%a! a# #$% #im% #$% )"%ya)% i& ma!%' #$%)la&& "- 8"& )$il!r% ,ill 2% )l"&%!+

T$%r%-"r%' all "- 8"& )$il!r% ,ill 2% i)lu!%!' a! #$%ymay #a6%' i- a! ,$% #$%y r%a)$ /1+

$u'e of Conveniene


143/255

Pr"(%r#y I Sli!%& 143


If 0 Is Ali%e hen the Con%eyance Is Made 0ut Dies 0efore

A

I- 8 i& ali% ,$% #$% )"%ya)% i& ma!% 2u# !i%&2%-"r% A' #$% )la&& "- 8"& )$il!r% ,ill al&" 2% )l"&%!+

T$%r%-"r%' all "- 8"& )$il!r% ,ill 2% i)lu!%! a! #$%ymay #a6%' i- a! ,$% #$%y r%a)$ /1+

$u'e of Conveniene


144/255

Pr"(%r#y I Sli!%& 144


If 0 Is Ali%e at the Time of As Death and 0 +as a Child ho

Is :5

T$a# )$il! i& %#i#l%! #" !iri2u#i" a# A"& !%a#$+

T$%r%-"r%' #$% )la&& ,ill )l"&% a# #$a# #im%+

All )$il!r% 2"r 2%-"r% A"& !%a#$ ,ill 2% i)lu!%! a!may #a6%' i- a! ,$% #$%y r%a)$ /1+

",%%r' )$il!r% 2"r a-#%r #$% )la&& )l"&%& ,ill 2%%G)lu!%!+

$u'e of Conveniene


145/255

Pr"(%r#y I Sli!%& 145


If 0 Is Ali%e at A@s Death and +as !o Children or +as Children*

!one of hom +as "eached :5

N" )$il! i& %#i#l%! #" !iri2u#i" a# A;& !%a#$ ?,$i)$ i& #$%-ir ("("%m%#@+

T$%r%-"r%' #$% )la&& r%mai& "(% u#il a )$il! "- 8r%a)$%& /1 ?,$i)$ i& #$% &%)"! ("("%m%#@+

W$% a )$il! "- 8 r%a)$%& /1' #$% )la&& )l"&%&+

All )$il!r% )")%i%! a# #$% #im% a )$il! "- 8 r%a)$%& /1,ill 2% i)lu!%! a! may #a6%' i- a! ,$% #$%y r%a)$ /1+

",%%r' )$il!r% 2"r a-#%r #$% )la&& )l"&%& ar% %G)lu!%!+

$ULE AAIN"T PE$PETUITIE"


146/255

Pr"(%r#y I Sli!%& 146

Co&&on La;

N" i#%r% i& *""! ul%&& i# mu %' i- a# all' "# la#%r#$a #,%#y"% y%ar& a-#%r &"m% li-% i 2%i* a# #$%)r%a#i" "- #$% i#%r%+



147/255

Pr"(%r#y I Sli!%& 147

Co&&on La;

#nalysis te$s /irst* Identify the Interests #ub-ect to "A': I#%r%& #$a# ar% -ully %%! a# #$% #im% "- )r%a#i" ar% "#

&u2%)# #" RAP+ Pr%&%#ly ("&&%&&"ry %a#%& ar% -ully %%!+

R%%r&i"ary i#%r%& ar% -ully %%!+ C"m(l%#%ly %%! r%mai!%r& ar% -ully %%!+

I#%r%& #$a# ar% "# -ully %%! a# #$% #im% "- )r%a#i" ar%&u2%)# #" RAP+ R%mai!%r& #$a# ar% &u2%)# #" "(% ar% "# -ully %%!+

C"#i*%# r%mai!%r& ar% "# -ully %%!+ EG%)u#"ry i#%r%& ar% "# -ully %%!+



148/255

Pr"(%r#y I Sli!%& 148

Co&&on La;

#nalysis te$s #econd* Identify the Life or Li%es in 0eing* E8press or Implied by theInstrument Creating Interests)

EG(r%&& Li%& i 8%i*: I #$% *ra# BO )"%y& #" A -"r li-%' Oa! A ar% %G(r%&& li%& i 2%i*+

Im(li%! Li%& i 8%i*: I #$% !%i&% B#" my *ra!)$il!r%' #$%#%a#"r;& )$il!r% ar% im(li%! li%& i 2%i*+

Cla&&%& a& Li%& i 8%i*: A )la&& )a"# 2% u&%! a& m%a&uri*li%& ul%&& #$% )la&& i& )l"&%! a# #$% #im% #$% *i-#& ar% )r%a#%!+

Third* Determine hether the Interest ill


149/255

Pr"(%r#y I Sli!%& 149

Co&&on La;

#nalysis te$s /ourth* Treat the 'art of the .ift That


150/255

Pr"(%r#y I Sli!%& 150

g ,

'ife, re&ainder to Ara!)$il!r%: T$% r%mai!%r i& A;& *ra!)$il!r% i& %i#$%r

)"#i*%# "r &u2%)# #" "(% a! #$%r%-"r% i& &u2%)# #" RAP+ Life or Li%es in 0eing:

O a! A ar% %G(r%&& li%& i 2%i*+ E% i- )$il!r% "r *ra!)$il!r% ar% alr%a!y 2"r' #$%&% (%r&"&

ar% m%m2%r& "- a "(% a! )la&& a! #$%r%-"r% )a"# &%r% a&li%& i 2%i*+

T$%r%-"r% O a! A ar% #$% "ly ("&&i2l% m%a&uri* li%&+

$ULE AAIN"T PE$PETUITIE"Ferti'e %togenarian: % . A for 'ife, re&ainder to A


151/255

Pr"(%r#y I Sli!%& 151

'ife, re&ainder to A


152/255

Pr"(%r#y I Sli!%& 152

, ,

re&ainder to A


153/255

Pr"(%r#y I Sli!%& 153

Un#orn )ido;: % . A for 'ife, re&ainder to A


154/255

Pr"(%r#y I Sli!%& 154

Charity to Charity $u'e:% . A Charity for so 'ong

as 'iuor is not served on the pre&ises, #ut if 'iuor isserved on the pre&ises then to - Charity

A& illura#%! a2"%' a &$i-#i* %G%)u#"ry i#%r% i -%% ,ill i"la#%Ra( ?2%)au&% a $%ir "- A )"ul! i"la#% #$% )"!i#i" m"r% #$a#,%#y"% y%ar& a-#%r #$% !%a#$ "- O' A' a! 8' )au&i* #$%

(r"(%r#y #" &$i-# #" a $%ir "- 8@+ ",%%r' -"r ("li)y (u2li) r%a&"&' i- 2"#$ A a! 8 ar% )$ari#i%&' #$%

&$i-#i* %G%)u#"ry i#%r% i 8 C$ari#y ,ill 2% !%%m%! #" 2% ali!u!%r RAP+

$ULE AAIN"TPE$PETUITIE"$ ' f C i % h f A


155/255

Pr"(%r#y I Sli!%& 155

$u'e of Conveniene:% . suh of As

hi'dren as sha'' reah the age of 25 A&&um% A i& lii* a# #$% #im% "- #$i& *ra# a! $a& #," )$il!r%' 8'

a*% 31' a! C' a*% /5+

8%)au&% &$% i& 31' 8 i& %#i#l%! #" imm%!ia#% !iri2u#i"+

A& a r%&ul#' #$% Rul% "- C"%i%)% ,ill "(%ra#% #" )l"&% #$%

)la&& "- A;& )$il!r% imm%!ia#%ly+ All )$il!r% 2"r a& "- #$% !a#% #$% )la&& )l"&%& ?8 a! C@ ,ill 2%

all",%! #" #a6% u(" r%a)$i* #$% a*% "- 3+

8u# " )$il! 2"r a-#%r #$% !a#% #$% )la&& )l"&%& may #a6%' %%i- $% &$"ul! %%#ually r%a)$ #$% a*% "- 3+

$ULE AAIN"TPE$PETUITIE"$ ' f C i % h f A


156/255

Pr"(%r#y I Sli!%& 156

$u'e of Conveniene:% . suh of As

hi'dren as sha'' reah the age of 25 A&&um% #$a# A i& ali% a# #$% #%a#"r& !%a#$ a! $a& #$r%% )$il!r%'8' a*% /5' C' a*% /3' a! D' a*% 1=+

Interests #ub-ect to "A': 8%)au&% " )$il! "- A $a& r%a)$%! 3' A;&)$il!r% $a% a &(ri*i* %G%)u#"ry i#%r%' ,$i)$ i& &u2%)# #" RAP+

Life or Li%es in 0eing: O a! A ar% %G(r%&& li%& i 2%i*+

T$% )la&& "- A;& )$il!r% )a"# 2% m%a&uri* li%&' 2%)au&% #$%)la&& r%mai& "(%:

A i& ali%' a! N" )$il! "- A i& %#i#l%! #" imm%!ia#% !iri2u#i"' 2%)au&% "

)$il! "- A $a& r%a)$%! #$% a*% "- 3+

$ULE AAIN"TPE$PETUITIE"


157/255

Pr"(%r#y I Sli!%& 157

$u'e of Conveniene:% . suh ofAs hi'dren as sha'' reah the age of 25


158/255

Pr"(%r#y I Sli!%& 158

Interests #ub-ect to "A'

T;& )$il!r% $a% a (r%&%# ("&&%&&"ry li-% %a#% ?,$% T !i%&@+ T$%ir(r%&%# ("&&%&&"ry %a#% i& "# &u2%)# #" RAP+

I- " *ra!)$il!r% $a% 2%% 2"r' #$% *ra!)$il!r% $a% a)"#i*%# r%mai!%r+ T$a# )"#i*%# r%mai!%r i& &u2%)# #" RAP+

I- *ra!)$il!r% $a% 2%% 2"r' #$%y $a% a %%! r%mai!%r &u2%)##" "(%+ T$i& i#%r% i& &u2%)# #" RAP+

Li%es in 0eing T i& "# a li-% i 2%i*' 2%)au&% T i& !%a!+ T;& )$il!r% may 2% m%a&uri* li%& 2%)au&% #$% )la&& i& )l"&%!

?2%)au&% T i& !%a!@+ T;& *ra!)$il!r% may "# 2% m%a&uri* li%& 2%)au&% #$% )la&& i&

"(%+


159/255

Pr"(%r#y I Sli!%& 159

"tatutory $u'e (U"$AP!

A "%%! i#%r% i r%al "r (%r&"al (r"(%r#y i& iali! ul%&& I# &a#i&-i%& #$% )"mm" la, RAP' "r I# %& "r #%rmia#%& ,i#$i = y%ar& "- i#& )r%a#i"+

U!%r #$% ,ai# a! &%% 2ra)$ "- USRAP' #$% )"ur# ,ai#& u#il #$%

%! "- #$% (r%&)ri2%! (%ri"! #" !%#%rmi% ,$%#$%r #$% i#%r%a)#ually %%! "r -ail%! ,i#$i #$% (r%&)ri2%! (%ri"!+


"tatutory $u'e: In ?GG5, 5 .A for 'ife, re&ainder to A


160/255

Pr"(%r#y I Sli!%& 160

hi'dren for 'ife, re&ainder to A s grandhi'dren

A&&um% #$a#' a# #$% #im% #$% )"%ya)% i& ma!%' A i& 55 a! $a&"% )$il!' 8' ,$" i& 1+

I 1==5' 8 marri%&+ I /1' a )$il! C' i& 2"r #" 8+ A !i%& i /0 ?a# #$% a*% "- =@+ 8 !i%& i /0 ?a# #$% a*% "- @+ C may #a6% #$% (r"(%r#y i /0: T$% r%mai!%r #" A;& *ra!)$il!r% ,"ul! 2% "i! u!%r )"mm"

la, RAP ?#ee#$% F%r#il% O)#"*%aria %Gam(l% " Sli!%& = @+ ",%%r' 2%)au&% C a)#ually #a6%& ,i#$i = y%ar& "- #$%

)"%ya)%' $%r i#%r% i& ali! u!%r USRAP+


161/255

T%a)y i C"mm"


162/255

Pr"(%r#y I Sli!%& 162

y

T%a)y i )"mm" i& ", #$% (r%&um%! -"rm "- )"#%a)y+

T%a)y i )"mm" r%


163/255

Pr"(%r#y I Sli!%& 163

y

Tra!i#i"ally' #$% -"ll",i* ,"r!& ,%r% r%


164/255

Pr"(%r#y I Sli!%& 164

y

Pro#'e& ?

O )"%y& 8la)6a)r% #" A a! 8 a& "i# #%a#& a! "# a%a#& i )"mm"' ,i#$ -ull ri*$# "- &uri"r&$i(+

Su2&%


165/255

Pr"(%r#y I Sli!%& 165

y

Pro#'e& 4

O )"%y& 8la)6a)r% #" A a! 8 a& "i# #%a#& a! "# a%a#& i )"mm"' ,i#$ -ull ri*$# "- &uri"r&$i(+

Su2&%


166/255

Pr"(%r#y I Sli!%& 166

y

Pro#'e& 2

O )"%y& 8la)6a)r% #" A' 8' a! C a& "i# #%a#& a! "# a%a#& i )"mm"' ,i#$ -ull ri*$# "- &uri"r&$i(+

Su2&%


167/255

Pr"(%r#y I Sli!%& 167

y Mortgages

Ti#l% T$%"ry: Tra!i#i"ally' i a #i#l% #$%"ry a#%' #$% %G%)u#i" "- a

m"r#*a*% 2y "% "i# #%a# )au&%& #$% l%*al i#%r%"- #$a# )"#%a# #" 2% #ra&-%rr%! #" #$% m"r#*a*%%?l%!%r@+

T$u&' #$% m"r#*a*% &%%r& #$% "i# #%a)y' 2%)au&%#$% ui#i%& $a% 2%% !%r"y%!+

Li% T$%"ry: I a li% #$%"ry a#%' #$% m"r#*a*%% r%)%i%& a li%

"ly " #$% (r"(%r#y+ T$%r%-"r%' " &%%ra)% "))ur& ,$% #$% m"r#*a*% i&

ma!%' 2%)au&% #$% ui#i%& r%mai i #a)#+ ",%%r' i a li% #$%"ry a#%' -"r%)l"&ur% ,ill &%%r#$% "i# #%a)y+

T$% )"ur#& ar% &(li# a& #" ,$%#$%r a m"r#*a*% &uri%&i- #$% m"r#*a*"r !i%& -ir+

J"i# T%a)y


168/255

Pr"(%r#y I Sli!%& 168

y L%a&%&

T$% uri&!i)#i"& ar% &(li# " ,$%#$%r a l%a&% &%%r& a "i# #%a)y+ S"m% )"ur#& $"l! #$a# a l%a&% !"%& &%%r #$% "i# #%a)y' 2%)au&%

#$% ui#y "- ("&&%&&i" i& !%r"y%! 2y #$% l%a&%+

O#$%r )"ur#& $"l! #$a# &%%ra)% !"%& "# "))ur a! (%rmi# #$%&urii*' "l%a&i* "i# #%a# #" %l%)# #" !%)lar% #$% l%a&% iali!

a! %i)# #$% #%a#+ S"m% )"ur#& -i! a #%m("rary &%%ra)%:

T$% l%a&% &%%r& i- #$% l%&&"r !i%& !uri* #$% #%rm+ 8u# #$%r% i& " &%%ra)% i- #$% l%a&% %!& 2%-"r% #$% l%&&"r !i%&+

A"#$%r al#%ra#i% i& #" -i! " &%%ra)% 2u# #" r%


169/255

Pr"(%r#y I Sli!%& 169

True Joint Tenancy Bank

Durin# the $oint lies o% the owners o% a $oint &an' account( each$oint tenant holds a present ri#ht in the sums deposited in the $oint&an' account) *n a %ew $urisdictions( each $oint tenant presentl+ holds an e,ual

%ractional share in the sums deposited in the account whichmirrors the rule %or a $oint tenanc+ in real propert+.)

*n most $urisdictions( the present ri#ht o% each $oint tenant is

presumptiel+ proportional to that tenant"s net contri&ution tothe account) U)P)C) / 0-122) On the death o% one o% the $oint tenants( the surior ta'es the

sum remainin# in the account) *n the ma$orit+ o% $urisdictions( a $oint &an' account is presumed to

&e a 3true4 $oint tenanc+) *n some $urisdictions( the &urden o% disproin# a 3true4 $oint

tenanc+ is placed on the person challen#in# the $oint tenanc+status o% the account) *n other $urisdictions( suriorship ri#hts are conclusiel+

presumed)

Ty(%& "- J"i# 8a6 A))"u#&


170/255

Pr"(%r#y I Sli!%& 170

y

Payable On Death Bank Account

!he part+ who created the account 3the owner4. hasthe present ri#ht to all sums deposited in the account)

!he other part+ has suriorship ri#hts onl+)

Convenience (Power-o-Attorney! Bank Account!he part+ who created the account 3the owner4. has

the present ri#ht to all sums deposited in the account)

!he other part+ 5a+ draw on the account presentl+ to pa+ the owner"s

&ills( &ut

6as no suriorship ri#hts)

A))"u#i* -"r R%#& a! Pr"-i#&a! R%(air&


171/255

Pr"(%r#y I Sli!%& 171

a! R%(air& Accounting

A a))"u#i* i& "# all",%! -"r (%r&"al u&% ?ul%&& #$%r%$a& 2%% "u%r "r %G(l"i#a#i" r%&ul#i* i (%rma%#!%(r%)ia#i"

A a))"u#i* may 2% $a! -"r r%#& -r"m #$ir! (ar#i%& ?l%&&

"(%ra#i* %G(%&%&' &u)$ a& #aG%&' m"r#*a*%&' i#%r%'a! maa*%m%# -%%&@+

"epairs T$% )"mm" la, a((r"a)$ ?ill -"ll",%! i &"m% a#%&@

!"%& "# all", &u)$ )"#ri2u#i"+

U!%r #$% m"!%r #r%!' )"#ri2u#i" may 2% )"m(%ll%! -"r%)%&&ary r%(air&' i- #$%y ,%r% r%


172/255

Pr"(%r#y I Sli!%& 172

M"r#*a*%& Impro%ements

T$%r% i& " ri*$# #" )"#ri2u#i" "r &%#"--' ul%&& #$%im(r"%m%#& *%%ra#% i)r%a&%! r%#& "r (r"-i#&+

C"& "- im(r"%m%#& ar% r%)"%ra2l% "ly i a &ui# #"(ar#i#i"+

Ta8es and Mortgages A )"#%a# ,$" (ay& a m"r#*a*% "r #aG%& may r%)"%r i

a a))"u#i* "r (ar#i#i" &ui# ?2u# #$%r% i& " &%(ara#%a)#i" #" )"m(%l )"#ri2u#i"+

",%%r' #$% )"#%a# i &"l% ("&&%&&i" ,ill r%)%i%

r%im2ur&%m%# "ly #" #$% %G#%# #$a# $i& (aym%# %G)%%!$% mar6%# alu% "- #$% (r"(%r#y+

Par#i#i"


173/255

Pr"(%r#y I Sli!%& 173


174/255

Pr"(%r#y I Sli!%& 174

Tra!i#i"ally' #" )r%a#% a #%a)y 2y #$% %#ir%#y' #$% -"ll",i*,"r!& ar% r%


175/255

Pr"(%r#y I Sli!%& 175

Endo F"ur !i--%r%# a((r"a)$%& ar% -"ll",%! i #$% r%maii* #,%#y"%

a#%& a! #$% Diri)# "- C"lum2ia+

.roup I?Ma&&a)$u&%##&' Mi)$i*a a! N"r#$ Car"lia a# #$%#im% #awada %) Endo,a& !%)i!%! 2u# " a#%& )urr%#ly@

A #%a)y 2y #$% %#ir%#y %Gi& a& a# )"mm" la,'ua--%)#%! 2y Marri%! W"m%& Pr"(%r#y A)#&+

T$% $u&2a! may )"%y #$% %#ir% %a#% &u2%)# "ly #"#$% ("&&i2ili#y #$a# #$% ,i-% may 2%)"m% %#i#l%! #" #$%,$"l% %a#% " &urii* $im+

T%a)y 2y #$% E#ir%#yJuri&!i)#i"al 4i%,& -r"m #awada %)


176/255

Pr"(%r#y I Sli!%& 176

Endo .roup II?Ala&6a' Ar6a&a&' N%, J%r&%y' N%, Y"r6' a!

Or%*" a# #$% #im% "- #awada %) Endoa! ", al&"Ma&&a)$u&%##& a! ("&&i2ly Mi&&i&&i((i' O$i" a! O6la$"ma@:

T$% i#%r% "- #$% !%2#"r &("u&% may 2% &"l! "r l%i%! "

-"r $i& "r $%r &%(ara#% !%2#&' &u2%)# #" #$% "#$%r &("u&%&ri*$# "- &uri"r&$i(+ U!%r #$% Ala&6a a#u#%' #$% i#%r% "- #$% !%2#"r &("u&%

i ay #y(% "- %a#%' %G)%(# -"r $"m%%a! $%l! a& #%a)y2y #$% %#ir%#y' i& &u2%)# #" $i& "r &%(ara#% !%2#&+



177/255

Pr"(%r#y I Sli!%& 177

Endo .roup III?ma"ri#y i%, -"r a#%& #$a# ill r%)"*i9% #$%

#%a)y 2y #$% %#ir%#y@ ?D%la,ar%' Diri)# "- C"lum2ia'Fl"ri!a' I!iaa' Maryla!' Mi&&"uri' P%&ylaia' R$"!%I&la!' 4%rm"#' 4ir*iia' a! Wy"mi* a# #$% #im% "- #awada%) Endoa! ", al&" a,aii' Illi"i&' Mi)$i*a' a! N"r#$Car"lia@:

A a##%m(#%! )"%ya)% 2y %i#$%r &("u&% i& ,$"lly "i!+

T$% %a#% may "# 2% &u2%)# #" #$% &%(ara#% !%2#& "- "%&("u&% "ly+



178/255

Pr"(%r#y I Sli!%& 178

Endo .roup I


179/255

17=

IN FL%$IDA: Marital Assets O !i&&"lu#i" "- marria*% a! a2&%# ay ali! a#%u(#ial ?(r%u(#ial@

"r &%##l%m%# a*r%%m%#' #$% )"ur# may ma6% a %


180/255

1

IN FL%$IDA: Marital Assets All 2%%-i#& a))ru%! !uri* #$% marria*% i r%#ir%m%#' (%&i"

a! (r"-i#&$ari* (la&+ All (r"(%r#y $%l! a& #%a#& 2y #$% %#ir%#y' ,$%#$%r a)


181/255

11

IN FL%$IDA: !onmarital Assets !onmarital Assets

A&&%#& a)


182/255

1/

IN FL%$IDA: Distribution /actors T$% )"#ri2u#i" #" #$% marria*% 2y %a)$ &("u&%' i)lu!i* )"#ri2u#i"&

#" #$% )ar% a! %!u)a#i" "- )$il!r% a! &%ri)%& a& a $"m%ma6%r+ T$% %)""mi) )ir)uma)%& "- %a)$ (ar#y' #$a# i&' #$% ma#%rial )"m-"r# "-

#$% &%(ara#% (ar#i%&+ T$% !ura#i" "- #$% marria*%+

T$% i#%rru(#i" "- (%r&"al )ar%%r& "r %!u)a#i"al "(("r#ui#i%& "- %i#$%r(ar#y:+ T$% )"#ri2u#i" "- "% &("u&% #" #$% (%r&"al )ar%%r "r %!u)a#i"

"(("r#ui#y "- #$% "#$%r &("u&%+ T$% !%&ira2ili#y "- r%#aii* ay a&&%#' i)lu!i* a i#%r% i a 2u&i%&&'

)"r("ra#i"' "r (r"-%&&i"al (ra)#i)% i#a)# a! -r%% -r"m ay )laim "ri#%r-%r%)% 2y #$% "#$%r (%r&"+

T$% )"#ri2u#i" "- %a)$ &("u&% #" #$% a)


183/255

13

IN FL%$IDA: Distribution /actors

T$% !%&ira2ili#y "- a! -%a&i2ili#y "- r%#aii* #$% mari#al $"m%: T$% )"ur#may a,ar! %G)lu&i% ("&&%&&i" "- #$% $"m% -"r a (%ri"! "- #im% 2y)"&i!%ri*

T$% 2% i#%r%& "- !%(%!%# )$il!r% #" r%mai i #$% $"m%+

T$% %


184/255

10

#tatutory /actors T$% a!ar! "- lii* !uri* #$% marria*%+ T$% !ura#i" "- #$% marria*%+ T$% a*% a! %m"#i"al a! ($y&i)al )"!i#i" "- 2"#$ (ar#i%&+ T$% -ia)ial r%&"ur)%& a! &"ur)%& "- i)"m% "- %a)$ (ar#y+ W$% a((li)a2l%' #$% am"u# "- #im% %%!%! #" "2#ai %!u)a#i" "r

#raii*+ Ea)$ (ar#y;& )"#ri2u#i" #" #$% marria*%' i)lu!i* $"m%ma6i*' )$il!

)ar%' %!u)a#i"' a! )ar%%r 2uil!i* "- #$% "#$%r (ar#y+ Ay -a)#"r& #$a# ,ill -"%r %


185/255

y g udiia' Adoption8%)au&% #$% i")%# #%a# 2y

#$% %#ir%#y $a& #$% ri*$# #"("&&%&& #$% ,$"l%' " i#%r% ,a&&u2%)# #" -"r-%i#ur%+ IP%&ylaia' %i#$%r #%a# 2y #$%%#ir%#y may )"%y $i& "r $%ri#%r% "lu#arily "r i"lu#arily+

T$% #%a)y 2y #$%%#ir%#y r%mai& i #a)#+

Trial )"ur# ?,i#$#$% )a%a# #$a# #$%*"%rm%# may-il% a li& (%!%&a*ai #$%(r"(%r#y@

Mr&+ 8%r%i

T$% *"%rm%# a! #$%i")%# &("u&% $"l! a%a#& i )"mm"+

T$% *"%rm%# a##rial

T$% -"r-%i#ur% "- #$% *uil#y &("u&%;&i#%r% &%%r& #$% #%a)y 2y #$%%#ir%#y+

T$% *"%rm%# ",$% ,$"l% (r"(%r#y+

T$% *"%rm%#2%-"r% #rial

T$% i#%r% "- #$% *uil#y &("u&% i&&u2%)# #" -"r-%i#ur%' a! #$%i")%# &("u&% $a& " &%%ra2l%i#%r% #$a# &$% i& %#i#l%! #" r%#ai+

T$% i")%# &("u&% $a&a li-% %a#%' -"ll",%! 2y)"#i*%# r%mai!%r& i#$% *"%rm%# a! #$%i")%# &("u&%+

T$% *"%rm%# ii#& m"#i" #" am%!#$% u!*m%# "- #$%#rial )"ur# a! "a((%al

T$% i#%r% "- #$% *uil#y &("u&% i&-"r-%i#%! $",%%r' #$% i#%r% "-

#$% i")%# &("u&% i& (r"#%)#%!+

T$ir! Cir)ui#

C"ur# "- A((%al&


186/255

LANDLORD AND TENANT

>ar%r + >%rri&$


187/255

Language Used: B-"r a! !uri* #$% #%rm "- (uiet en-oyment from #$% first!ay "- May' 1=77 ,$i)$ #%rm ,ill %! H Lou .errish has the pri%ilege oftermination sicB this agreement at a date of his own choice+

County Court: T$% #rial )"ur# *ra#%! &ummary u!*m%# #" l%&&"rD""a;& %G%)u#"r " #$% *r"u! #$a#

#$% l%a&% ,a& -"r a m"#$ #" m"#$ #%rm 2%)au&%' ,$il% i# &(%)i-i%! a&(%)i-i) !a#% "- )"mm%)%m%#' i# -ail%! #" &%# -"r#$ #$% !ura#i" "-)"#iua)% a! #$% !a#% "r %%# "- #%rmia#i"' a!

T$% l%&&"r;& %G%)u#"r )"ul! #%rmia#% #$% l%a&% a# #$% %! "- #$% %G#m"#$ "- "))u(a)y 2%)au&% a l%a&% #$a# i& %G(r%&&ly #%rmia2l% a# #$%

,ill "- #$% l%&&%% i& al&" im(li%!ly #%rmia2l% a# #$% ,ill "- #$% l%&&"r+?T$i& rul%' ,$i)$ !a#%& 2a)6 #" C"6%' i&


188/255

C"6% al&" a#%! #$a# a l%a&% #$a# i& %G(r%&&ly #%rmia2l% a# #$%,ill "- #$% l%&&"r i& al&" im(li%!ly #%rmia2l% a# #$% ,ill "- #$%l%&&%%+

T$i& rul% i& ill #$% ma"ri#y rul%+

",%%r' a))"r!i* #" #$% S%)"! R%a#%m%#' i- #$% l%a&%i& #%rmia2l% a# #$% ,ill "- #$% l%&&"r "ly' #$% l%&&%% *%#& a-%% &im(l% !%#%rmia2l%+ R%a#%m%# ?/!@ "- Pr"(%r#y?La!l"r! T%a#@ #ee 1+7' illu&+ 7+

S"m% au#$"ri#i%& ar%r + >%rri&$


189/255

Court of Appea's: T$% C"ur# "- A((%al& r%%r&%! a! !i&mi&&%! #$%(%#i#i" "- #$% l%&&"r;& %G%)u#"r:

T$% C"ur# "- A((%al& r%%)#%! C"6%;& rul%' ,$i)$ im(li%! a ri*$# #"#%rmia#% i #$% l%&&"r i- #$% l%&&%% $a! a %G(r%&& ri*$# #" #%rmia#%+

T$% C"ur# "- A((%al& -"ll",%! #$% S%)"! R%a#%m%# rul% ?,$i)$ i$% m"!%r #r%!@' ,$i)$

D%)li%& #" im(ly a ri*$# #" #%rmia#% i #$% l%&&"r i- #$% l%&&%% $a&a %G(r%&& ri*$# #" #%rmia#% a!

I%a! -i!& a li-% %a#% !%#%rmia2l% #$a# i& #%rmia2l% a# #$%l%&&%%;& ,ill "r #$% l%&&%%;& !%a#$+ #ee )"mm%# $ #"

R%a#%m%# ?/!@ "- Pr"(%r#y ?La!l"r! T%a#@ 1+5+ ?BT"l%&&%%' -"r &" l"* a& l%&&%% !%&ir%& #" ay " #$% (r%mi&%&@

Ty(%& "- T%a)i%&


190/255

Property Slides1=

Creation

E8press: A l%a&% may 2% ma!% "rally "r 2y a ,ri#i*+ Implied

A im(li%! l%a&% may 2% )r%a#%! 2y #$% )"!u)# "- #$%

(ar#i%& ,$% #$% ,ri##% l%a&% i& iali! ,ri#i*' r%&ul#i* i a(%ri"!i) #%a)y+ A im(li%! l%a&% may al&" 2% )r%a#%! ,$% a $"l!"%r

#%a# (ay& r%# a! #$% l%&&"r a))%(#& #$% r%#+ Types of Tenanies

Term of ?ears: A ,ri#i* *%%rally i& r%


191/255

Ty(%& "- T%a)i%&: A#Will


192/255

Property Slides1=/

A a#,ill #%a)y #%rmia#%& i-

Ei#$%r (ar#y !i%&'

T$% #%a# )"mmi#& ,a%'

T$% #%a# a##%m(#& #" a&&i* $%r i#%r%'

T$% la!l"r! #ra&-%r& $i& i#%r%' "r T$% la!l"r! #ra&-%r& #$% (r%mi&%& #" a #$ir! (ar#y -"r a #%rm& "-

y%ar&+

Ty(%& "- T%a)i%&: T%a# a#Su--%ra)%V"l!"%r T%a#


193/255

Property Slides1=3

Su--%ra)%V"l!"%r T%a# A #%a)y a# &u--%ra)% "))ur& ,$% a #%a# $"l!& "%r a-#%r #$%

%! "- #$% l%a&% #%rm+

A #%a)y a# &u--%ra)% i& "# a #ru% #%a)y+

I- a r%&i!%#ial #%a# $"l!& "%r' i m" a#%& ?i)lu!i* Fl"ri!a@'

#$% l%&&"r may r%)"%r ("&&%&&i" a! may r%)%i% !"u2l% r%# -"r#$% $"l!"%r (%ri"!+

Pr"2l%m 1 ?(+ 30@0 i / t L # - # T 1 O # 2 ! T # #$


194/255

0asic /acts: L #ra&-%r& #" T " 1 O)#"2%r' a! T m"%& "u# " #$%

-"ll",i* 3 S%(#%m2%r ,i#$"u# *ii* "#i)% #" T+ /irst E8ample:L #ra&-%r& B#" T -"r "% y%ar' 2%*ii* O)#"2%r 1+

L;& #ra&-%r )r%a#%& a #%rm "- y%ar&+

N" "#i)% i& r%


195/255

#econd E8ample: L #ra&-%r& B#" T -r"m y%ar #" y%ar' 2%*ii* "

O)#"2%r 1+ L;& #ra&-%r )r%a#%& a (%ri"!i) #%a)y' m%a&ur%! " a y%ar #" y%ar

2a&i&+

T$% )"mm" la, r%


196/255

Third E8ample: L #ra&-%r& #" T -"r " -iG%! #%rm Ba# a aual r%# "-

./0' (aya2l% ./' (%r m"#$ " #$% -ir "- %a)$ m"#$+ T$% l%*#$ "- #$% "#i)% r%


197/255

All )i#i9%& "- #$% Ui#%! S#a#%& &$all $a% #$% &am% ri*$#' i %%ry S#a#%a!

Date post:	14-Feb-2018
Category:	Documents
Upload:	mario-melton
View:	214 times
Download:	0 times

Property I Slides Fall 2009

Documents