Question
1.Tony is a very successful financial analyst who purchased a four-bedroom home in California that cost $1,500,000. One year later, he married Ann. After five
1.Tony is a very successful financial analyst who purchased a four-bedroom home in California that cost $1,500,000. One year later, he married Ann. After five years of a mostly unhappy marriage, Ann and Tony divorced, and the home was immediately sold for $2,000,000. (a) How much money is Tony entitled to from the sale of the home? (3 point) (b) How much money is Ann entitled to from the sale of the home? (3 points)
2.Ted has lived in the same house for twenty years. One day, Ted began to smell putrid odors, which Ted eventually realized came from a new urban pig farm that opened-up one block away from his house. Enraged with this situation, Ted filed a lawsuit against the owner of this urban pig farm. (a) Is the owner of the pig farm trespassing on Teds land? Briefly explain your answer. (3 points) (b) Is the owner of the pig farm a nuisance on Teds land? Briefly explain your answer. (3 points) (c) If Teds lawsuit is successful, is Ted most likely to be awarded money damages? Briefly explain your answer. (3 point) (d) If Teds lawsuit is successful, is Ted most likely to be awarded an injunction? Briefly explain your answer. (3 points)
3.Mike is the owner of a single unit in a multi-unit real estate development. Mike has decided to sell his unit to Peter, but the governing committee of this real estate development does not feel comfortable allowing Peter to take residence in the development. (a) If the real estate development is a condominium, how can the governing committee prevent Peter from taking residence in the development? (3 points) (b) If the real estate development is a cooperative, how can the governing committee prevent Peter from taking residence in the development? (3 points)
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