Essentials of Practical Real Estate Law ppt

[...]... a major area of practice for many law firms, and the opportunities for the trained real estate legal assistant are numerous Preparation for this work begins with an introduction to the basic principles of real property law REAL PROPERTY LAW What law governs real property transactions? The law of the United States comprises two separate systems of law: federal law and state law Federal law applies uniformly... reduced-essential version of a larger text entitled Practical Real Estate Law by Daniel F Hinkel Practical Real Estate Law covered every aspect of a modern real estate practice That text, because of its detail and comprehensive coverage, totaled more than 600 pages, and some instructors teaching courses designed for six- to ten-week terms had found it difficult to complete Practical Real Estate Law The students... The law of real property in general is governed by the law of the state in which the real property is located 2 T or F A fixture is classified as personal property 3 T or F An estate for years is the highest and best kind of estate in real property an owner can own 4 T or F A life estate may be for the life of a person other than the owner INTRODUCTION TO THE LAW OF REAL PROPERTY 5 T or F A life estate. .. on Law. com’s Legal Blog Watch, http://legalblogwatch.typepad.com and Blawg, http://www.blawg.org 13 14 CHAPTER ONE ROLE OF LEGAL ASSISTANT IN REAL ESTATE LEGAL PRACTICE Legal assistants participate in all aspects of a real estate practice The skills used by legal assistants in a real estate practice include preparation of legal documents, examination and review of real property titles, preparation of. .. of limitations on the use of land arising from public demands of health, safety, and public welfare as well as the rights of neighbors to the safety and enjoyment of their property The law, however, does favor the free use of land, and doubts will be resolved in favor of the owner 5 INTRODUCTION TO THE LAW OF REAL PROPERTY An owner of property has the right to dispose of that ownership The power of. .. use of the Internet provide real estate attorneys and legal assistants with new tools and procedures for conducting a real estate transaction Essentials of Practical Real Estate Law, Fourth Edition, retains the liveliness and readability of the parent book Each chapter gives definitions of key and important terms where they first appear in the text, and there is a comprehensive glossary at the back of. .. and reformat the material in Practical Real Estate Law to reach the varied audience of the day The result was Essentials of Practical Real Estate Law, first published in 1993 It is time for a new edition of this book Many things have happened since the last revision in 2004 Lawyers and their clients keep revising and updating legal forms The duties and responsibilities of legal assistants have increased... death of B B owns life estate for life of B Creation of remainder A to B for Life, then to C A owns nothing B owns life estate for life of B C owns remainder in fee simple, which becomes possessory upon death of B the real property and commits no acts intending to cause permanent injury to the person entitled to own the real property after the termination of the life estate If the life estate owner of. .. lease, but not all leases are estates for years For a lease to be an estate for years, it must be clear that ownership to the real property is conveyed and not mere rights to possession Estate at Will estate at will Estate of real property, the duration of which is for an indefinite period An estate at will can be terminated at the will of the parties An estate at will is an estate with no fixed term that... whereas state law, because of differences in local history and conditions, varies from state to state The law of real property in general is governed by state law and, therefore, is somewhat different in each of the various states The law of the state in which the real property is located usually governs For example, if a New York couple owns a beach house on Cape Cod, the laws of the Commonwealth of Massachusetts . United States Essentials of Practical Real Estate Law Fourth Edition Daniel F. Hinkel WEST LEGAL STUDIES ESSENTIALS OF PRACTICAL REAL ESTATE LAW 4E Daniel. version of a larger text entitled Practical Real Estate Law by Daniel F. Hinkel. Practical Real Estate Law covered every aspect of a mod- ern real estate