Date post: | 06-Aug-2015 |
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Prof. Dra. Adela Pérez del Viso– May/June 2015.
REAL PROPERTY LAW.
Real property law: divided into: FREEHOLD ESTATES (1)
LEASEHOLDS. (2)
1): FREEHOLD ESTATES: ownership an individual has, over land, for an indefinite period of time. (= DOMINIO and CONDOMINIO)
2): LEASEHOLDS: Property interests of limited duration; they can be acquired through a lease (a contract for exclusive possession in which a tenant pays the landlord or landlady a specific rent or compensation.)
In Argentina: THEY ARE NOT “DERECHOS REALES” BUT CONTRACTUAL RIGHTS WHICH DERIVE FROM A LEASE CONTRACT.
WHAT IS “LAND”?. THIS TERM REFERS TO:
A tent in your
backyard…
The right to the minerals under
the earth
The surface of the whole
earth
A tent in your
backyard…
THREE TYPES OF FREEHOLD ESTATE:
THE FEE SIMPLE
THE LIFE ESTATE
THE ESTATE PUR AUTRE VIE
Transfer of title in land from one person to another:
…………………………….
…………………………..…
Complete and unlimited form of Freehold Estate
It is inheritable and lasts as long as the owner (or heirs) wants to keep it
………………………….
The individual retains possession of the land for the duration of his life
Technically temporary: ends when the owner dies;It is treated as complete ownership.
Similar to a Life Estate. But it is measured by the life of someoneother than the grantee.
………………………
NEGATIVE PREFIXES.Something that is …………..adequate is not good enough.A person who can't read and write is …………..literate.If something is ……….edible, it means it cannot be eaten.Something that is ……..reversible cannot be changed back.If somebody is ………reliable, you cannot trust or depend on them.If something is …….legitimate, it means it is not allowed or accepted.A person who is ………honest cheats others.If you get something ……..solicited, you didn't ask for it and you don't want it.Something that is ………..measurable is too big to be measured.If something is ………perfect, it is not completely correct.If your love is …………requited, it means that the person you're in love with doesn't love you.If you are…………… loyal, you betray your friends or your country.