Assignment One:

Choose a piece of property, henceforth indicated as "subject property". It can be an existing

building, but not a vacant plot of land. It can be a primary residence but must be analyzed as an

income producing property. You can already own it or are interested in owning it$.$ It can be located

anywhere in the world. In the first assignment you need to provide the legal description of the

subject property and determine the various limitations on the property rights associated with the

subject property. Make sure that you discuss all current and future aspects of police power, like

property taxes and zoning, as well as the threat of eminent domain. What $($potential$)$ private conflicts

of property rights exist, such as easements, and how are they resolved?