Question
1.Two brothers and their spouses decide to begin purchasing farm and ranch land as a business, leasing the same land to farmers and ranchers, thus
1.Two brothers and their spouses decide to begin purchasing farm and ranch land as a business, leasing the same land to farmers and ranchers, thus creating a passive income stream for the four owners. Thinking it wise, whenever the four purchased land, the title of the land named the four as joint tenants with rights of survivorship.Is this way of titling ownership of the land as wise as the brothers and their spouses believe?Explain.
This following fact pattern applies to Question 2 and 3.During her second year at the Juilliard School of Music in New York City, Ann Rylands had a chance to borrow for one month a rare Guadagnini violin, made in 1768. She returned the violin to the owner in Philadelphia, but telephoned her father to ask if he would buy it for her. He borrowed money from his pension fund and paid the owner. Ann traveled to Philadelphia to pick up the violin. She had exclusive possession of the violin for the next 20 years, using it in her professional career. Unfortunately, she became an alcoholic, and during one period when she was in a treatment center, she entrusted the violin to her mother for safekeeping. At about that time, her father died. When Ann was released from the center, she requested return of the violin, but her mother refused.
2.Identify each bailment (and the parties thereto) occurring in this problem.
3.A court decides that Ann is the owner of the violin.Explain how Ann is the rightful owner over her mother.
4.A couple owned two adjoining lots near Resort City, lots 9 and 7.The couple sold lot 7 to a buyer, keeping an easement on part of lot 7.The easement allowed the owner of lot 9 to use the designated part of lot 7 for parking private, noncommercial vehicles.The couple later sold lot 9 to the Johansens, and the owner of lot 7 sold it to the Martins. The Martins built a house on lot 7, cantilevering it over part of the easement property.They landscaped their lot, raising the level of the easement property.Between the cantilevered house and the raised landscaping, it became impossible for the Johansens to drive a car onto their easement property.The Johansens sued, seeking to enjoin interference with their easement. Who wins?
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