| Usufruct |
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| The meaning of the term "usufruct" is the right of enjoying a thing, the property of which is vested in another, and to draw from the same all the profit, utility, and advantage that it may produce, provided it be without altering the substance of the thing. The person who has the right and enjoyment of a usufruct is known as a "usufructuary."
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| Like-Kind Exchanges |
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| Internal Revenue Code § 1031 provides the procedure for a little-used tax shelter known as a like-kind exchange. In essence, §1031 allows the exchange of business or investment property for other business or investment property of like-kind, with tax-deferral benefits. More... |
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| As-Is Clauses in Real Estate Sale Contracts |
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| In today's white-hot real estate market, more and more sellers are listing there properties for sale "as is." What does this mean to a prospective buyer? When a seller indicates that a property is being sold "as-is," the seller is essentially offering the property on a take-it or leave-it basis.
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| Possession |
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| An owner of property retains ownership of that property even though the owner has lost or misplaced the property. However, anyone who finds and possesses the lost or misplaced property retains a right to possess it against everyone except the true owner.
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| Fraud in Real Estate Transactions |
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| Real estate transactions are fraught with opportunities for fraud. In fact, it seems to happen all the time. More... |
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