Custom Real Property, Ownership, and Transfer essay paper writing service

← Bank PrivatisationBusiness Plan →

Buy Real Property, Ownership, and Transfer essay paper online

Fee simple title is one that gives complete land ownership to the potential buyer. The advantages include complete land ownership-meaning that the buyer has complete control of activities and/or income generated from the property, there is no ground rent required payable annually and upon resale there is a rise in property value. The disadvantages include the property being liable to taxation, police power, escheat-ability of the state to recover land after the demise of the property owner and compulsory purchase.

The life estate is a title which transfers property upon the person’s death. The advantages are that this title helps in estate planning and the property owner enjoys income that emerges from the land. The disadvantages are that the land is liable to probate-this is administering of property of the deceased who owned the property. Once the life estate title is signed, it is irrevocable.

Fee simple defeasible is a title where a person holds fee simple title upon certain conditions. The advantage is that the land owner can recover property if there is breach in the contract. The disadvantage is that the value of the property is reduced due to the limitations. A potential buyer would not be welcome to the various conditions hence reduction in property value.

I would use life estate as I would be able to enjoy income generated from the property while I am alive and still be able to transfer title to the intended heir in the time of my demise (Twomey 2010: 91). It would reduce the property value due to the existence of limitations in the agreement and that the potential buyer has no complete ownership of property.

The most common practice is the use of written contracts that are signed and countersigned by lawyers meaning serious legal repercussions in case of a breach.

Research Questions:

(a)    What is the duration of ownership of various titles?

 What are the types of fee simple?

Buy Real Property, Ownership, and Transfer essay paper online

Related essays

  1. Business Plan
  2. Relating Statistics to Business Administration
  3. Bank Privatisation
  4. International Business Practices
 
order now
Live chat!
Planets Live support online chat Live support phone
Our Advantages
300 Words per page
Bottom line
12 pt Times New Roman Double-spaced typed page
Bottom line
MBA and PhD Writers
Bottom line
Relevant and up-to-date
Bottom line
US Writers
Bottom line
100% Quality Guarantee
Bottom line
24/7 Support
Bottom line
24/7 Live Chat
Bottom line
Flexible Discount Program
Bottom line
ANY Difficulty Level!
Testimonials

I am quite impressed by the writer who was assigned my thesis. It was very well organized and contained absolutely zero errors of any kind. My professor wrote a very nice commentary about its high quality, and I received a grade of A+ on it. I am delighted with your writing service overall. It is an outstanding service and I commend it highly.


Margaret D., Dallas, TX. USA

I am writing in gratitude for the exceptional job that Writer #4312 did on my coursework. He perfectly matched output to topic and used very high quality research. The formatting was perfect, and he wrote in a clear, concise manner. My professor approved the coursework without reservation. I am so grateful to have found a top rate writing service such as yours. Thank you immensely, for the time, the quality and the effort. I will pass on my recommendations enthusiastically.


Betty C., Los Angeles, CA, USA

This writing company has some of the most efficient writers anywhere and I must say that I am highly privileged to have received their efficient service. The most amazing part is that comparatively small price I have had to pay.


Conrad F., Denver, Colorado

X
-15% first order  Order now