A | B |
Duty of Tenant | - duty to pay rent - duty to take care of the property - duty to care for those who enter the property |
Deed | legal document used to transfer ownership |
Mutual | both parties |
Extraordinary Bailment | A common carrier or hotel is strictly liable for damages to bailed goods |
Dedication | Giving real property to the government for use |
Adverse Possession | Adversely, open, notorious and continuous possesses of another's property |
Real Property | Land and anything permanently attached (ex: buildings, water, etc.) |
Rights of Bailee | - To hold a mechanics lein - To expect payment for services rendered |
Duties of Bailee | - Reasonable care and protection of goods while in custody of bailee - to comply with the terms of bailment |
Foreclosure | Right of mortgage holder to seize property for payment of debt that is passed due |
Extraordinary Bailment | A common carrier or hotel is strictly liable for damages to bailed goods |
Personal Property | Anything other than real property, must be delivered in order to transfer ownership |
Tendency of sufferance | Remaining in possession of a rented property after the lease has expired |
Rights of Bailor | - to have goods protected - to receive service as agreed upon - to have goods returned in a timely manner |
Surface Rights | The right to occupy, develop, waste or destroy land |
Involuntary Bailment | Arises accidentally |
Duties of Landlord | - duty to provide habitable premises - duty to conform to government requirements |
Mutual Benefit Bailment | Both parties receive something from the temporary transfer of personal property |
Mechanics Lien | Right to retain property of another, if not paid for service rendered |
Rights of Tenant | - right of possession - right to use property - right to assign the lease or sublet the premises |