Purchase Solution

Ownership of all the Property Interest in Real Estate

Not what you're looking for?

Ask Custom Question

Is it possible to own all the property interest in developed real property? Discuss why or why not.

Purchase this Solution
Solution Summary

The ownership of real property (real estate) is debated with 11 examples of times when an ownership interest could be compromised by a condition which would preclude the owner from having all the property interest.

Solution Preview

This is a very interesting question that sounds so innocent. It is not, however, because ownership of real estate is subject to a variety of potential interests by others. First, I should say that an owner who had property conveyed to him via a warranty deed, and which has no debt on it would qualify as a yes answer to the question.

The following situations will discuss when an owner doesn't own all the property interest in real estate:

1. The city or county in which the property is located could have recorded a tax lien against the property for failure to pay taxes.

2. The city, county or state could have an easement over any part ...

Purchase this Solution
Free BrainMass Quizzes
Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

View More Free Quizzes
Related BrainMass Solutions

  • The Tax Advantages - Disadvantages of Home Ownership

    The total amount of real estate taxes that you pay each year is also deductible.

  • Real Estate Law

    94565 Real Estate Law 1) The basics of real estate law...fundamental difference between the attorney-client privilege and the concept of confidentiality. What is the difference between the two in the real estate law context?

  • Depreciation: The Use of Real Estate

    In this situation, there are some options that tax-exempt organizations have to acquire the use of real estate without ownership. Some of them are discussed below.

  • Tax law for real estate: Property held or used, vacation home rules

    All joking aside, investing in real estate does present some opportunity for the creation of wealth, much like any other investment does.

  • Fee simple, fee simple defeasible and life estate

    Obtaining a secured loan on such a property is also difficult as the loan owner may lose the property to the first owner if a condition is not met in the future. A life estate is the most limited type of land ownership.

  • Does Congress influence our tax behavior?

    For instance, real estate taxes and mortgage interest stimulate interest in home ownership. Allowing a taxpayer to use health insurance premiums paid on Schedule A encourages the taxpayer to purchase insurance, and allows a deduction for it.

  • This posting disucusses the taxable parts of a gross estate.

    Property included in someone's gross estate includes all property in which the individual held an interest when they died.

  • Real Property and the Texas Civil Code

    IDENTIFY THE MODERN ESTATES OF OWNERSHIP FOR REAL PROPERTY: A modern estate of ownership for real property does not limit itself to the soil and the buildings that are attached to the property.

  • River-rafting business in Volusia County Florida

    The Title to the real estate is the right to or the ownership of the property. The documentary evidence is also called Title to the ownership. The company must take out a warranty deed as this provides the greatest protection to the purchaser.

View More Related Solutions