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Author Archives: Anonymous

When should a definitive estimate not be used?

When should a definitive estimate not be used?

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Darien, a developer, and Ian, an investor, had been in the r…

Darien, a developer, and Ian, an investor, had been in the real estate business for many years. Because of their long-standing relationship, Darien and Ian, neither of whom was an attorney, often dispensed with certain legal formalities when dealing with each other, thus saving the costs of lawyers’ fees and other attendant expenses. Ian owned a parcel of land that Darien was interested in, and he offered to buy it from him for $50,000. Ian accepted Darien’s offer, and the parties agreed on June 15 as the closing date. Darien handed Ian a check for $2,500 with “earnest money” written in the memo, and they shook hands on their deal.A few weeks before closing, Darien called Ian and told him he had changed his mind about purchasing the land because of a sudden economic downturn in the area. Ian appeared at Darien’s office on June 15 with the deed to the land in his hand. Darien refused to tender the balance due, and Ian sued Darien for specific performance.Will Ian prevail?

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A and B, neighboring landowners, decide that they will mutua…

A and B, neighboring landowners, decide that they will mutually restrict their lots to single family residential use. They sign an agreement wherein each promises on behalf of himself, his heirs, and assigns, that his lot will be used for single family residential purposes only. This agreement is promptly and properly recorded. B sells his lot to C. C builds an apartment house on her lot. A sues C for damages. What is the likely result?

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Sabrina entered into a written land sale contract with Brian…

Sabrina entered into a written land sale contract with Brianna on May 20, whereby Sabrina agreed to sell a home to Brianna for $60,000. The closing date was set at August 1. Brianna put up $6,000 as earnest money, as provided by the contract. The contract stated that if Brianna failed to perform by tendering the balance due on the house on August 1, the $6,000 could be treated as liquidated damages “at the option of the seller.” On July 21, the week before the closing, the house burned to the ground because of a freak lightning strike during a thunderstorm. When August 1 arrived, Brianna refused to tender $54,000 to Sabrina. Brianna asked Sabrina for the refund of his earnest money because the house had been destroyed. Sabrina refused and filed suit, asking for specific performance. Brianna countersued, demanding a refund of the $6,000 earnest money.How should the court rule on the suits?

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A state education agency, following all statutory requiremen…

A state education agency, following all statutory requirements, obtained a parcel of land through eminent domain. Lena accepted the award of fair market value and did not appeal. For the next 15 years, the agency held the property but did not implement an educational use for it. In year 16, the agency abandoned the intended education use and sold it at a properly advertised auction under state law. Lena appealed, arguing that the agency only took a fee simple determinable and when it ceased its intended educational use, superior fee simple title reverted back to her.Will the appellate court likely rule that Lena can assert rights to stop the attempted transfer?

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Caruso Real Estate developed a residential development encom…

Caruso Real Estate developed a residential development encompassing single-family dwellings, town houses, and high-rise apartments. Included in the deed to each unit was a covenant under which the grantee and the grantee’s “heirs and assigns” agreed to purchase electrical power only from a plant that Caruso Real Estate had constructed within the development. The plant did not supply power outside the development. After constructing and selling half of the units, Caruso Real Estate sold its interest in the development to Caulk Investments. Caulk Investments operated the power plant and constructed and sold the remaining units. Each conveyance from Caulk Investments contained the same covenant relating to electrical power that Caruso Real Estate had included in the conveyances it had made.Ellie bought a dwelling unit from Zack, who had purchased it from Caruso Real Estate. Subsequently, Ellie, whose lot was along the boundary of the development, ceased buying electrical power from Caulk Investments and began purchasing power from ABC Power Company that provided such service in the area surrounding the development. Caulk Investments instituted an appropriate action against Ellie to enjoin her from obtaining electrical power from ABC Power Company. Both ABC Power Company and Caulk Investments have governmental authorization to provide electrical services to the area.If judgment is for Ellie, what is the most likely reason?

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  (In case the picture doesn’t show, this is doctors and nu…

  (In case the picture doesn’t show, this is doctors and nurses moving quickly around in a hospital room.  There are two patients in the room in hospital beds.    Write one plural (ustedes) command based on this picture.    á  é  í  ó  ú  ñ  ü  ¡  ¿

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Describe a scenario in which an easement by necessity would…

Describe a scenario in which an easement by necessity would be terminated.

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You must type your answer in the box provided and show all y…

You must type your answer in the box provided and show all your work. Answers that do not follow the required steps will receive only partial credit. To earn full credit, follow the instructions below and show all steps: Step 1. Type the provided values along with their units in the problem, and designate a specific symbol (standard) for each known value and value that you need to determine.  Step 2. Type the general equations that you will use to solve the problem using the variables (no numbers yet). Step 3. Show steps to utilize the provided values and their respective units to calculate the answer for the value you need to determine. A remote-controlled toy car, starting from a standstill, accelerates uniformly at 3 m/s2 in a straight line. How great a distance does it cover in 5 seconds?

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Which of the following is NOT typically included in a Prelim…

Which of the following is NOT typically included in a Preliminary Title Report?

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