Question
1. Dorothy deeded an acre of real estate that she owns to Tin Man for the life of Lion and then to Glenda. Fully describe
1. Dorothy deeded an acre of real estate that she owns to Tin Man for the life of Lion and then to Glenda. Fully describe the property interests of Dorothy, Tin Man, Lion, and Glenda.
2. In Question 1, assume that Tin Man moves into a house on the property. During a tornado, the roof is destroyed and a window is smashed. Who is responsible for repairing the roof and window? Why?
3. Rod likes to spend his weekends in his backyard, shooting his rifle across his neighbor's yard. If Rod never sets foot on his neighbor's property, and if the bullets strike neither persons nor property, has he violated the legal rights of the neighbor? Explain.
4. Elmo enters into a contract to purchase the Brooklyn Bridge from Bird. The contract provides that Bird is to give Elmo a quitclaim deed at the closing. After the closing, Elmo learns that Bird did not own the bridge and sues him for violating the terms of the deed. Will Elmo be successful in his lawsuit against Bird? Why or why not? What type of deed best protects a buyer and why?
5. A and B jointly owned a parcel of property. A sold her share of the property to C. A then died. A has a child, D, and B has a child, E. If the property was owned as joint tenants by A and B, who now owns the property and why? If instead the property was owned as tenants in common by A and B, who now owns the property and why?
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