Property

life and property from high water events (i.e. Floods, Tropical Systems, and etc.) 4. The importance of flood plain management i. During the 20th Century, floods were the number one natural disaster to cause the loss of lives and property, according to the USGS ii. Floodplain management reduces the risk of losing life or property to high water. B. Mission Statement…

crash that occurred a few years ago, honestly didn’t affect my life since I have been a renter of my property and never an owner. I saw the reports on the news and saw the “for sale”, “foreclosure”, and “reduced price” signs all over nearby homes, and I thought about the families that lived there and what they were being forced to give up in order to even survive. Owing a home, owning property is part of the “American Dream” that not only immigrants imagine but born and raised American seek…

significant costs for owners. A renter can move to a newer or better place when they want to if they can afford to and leave the costs up to the owner. There is something nice about having someone else take on the responsibility of maintaining a property. Landscaping, appliances, repairs, etc. are usually all taken care of by the owner.…

Issue: Under Florida law, can a cause of action for conversion be brought when an individual unlawfully takes property owned by the true owner, even if the property has no actual value? Rule: A cause of action may be brought when an act of dominion has been wrongfully asserted over another 's property inconsistent with his ownership, even if the specific property converted has no actual value. In the precedent case Warshall v. Price, Appellant, Dr. Steven Warshall, began a private practice in…

According to Yates, Berenicki-Korol, and Clarke (2013) risk management is highly encouraged when conducting business. In the case of business of Tom and his colleagues, they ought to consider getting insurance coverage regarding property insurance to guard against losses connected to building and content as a result of fire, flood, and others. In addition, the entity may want to consider obtaining insurance protection to safeguard against liabilities resulting from claims against…

the need for extra finances when it comes to owning a home. Extra expenses associated with owning a house typically include taxes, insurance, property up-keep, and various other fees. When it comes time to sell the home, there is a chance that the homeowner will not make any profit from the sale because of the affect that the economy can have on the property values in your area. Purchasing a home can also decreases the flexibility that one has when he or she decides to move. While renters are…

The Kelo case was appealed by petitioners to the New London Superior Court where the court granted a restraining order prohibiting the taking of some of the properties, but denying relief as to others, and was affirmed in part and reversed in part by the Connecticut Supreme Court. The Issue: Does the taking of the petitioner’s properties violate the “public use” restriction in the fifth amendment’s taking clause or is the “public use” clause valid for purposes of betterment for the community…

another in his life, health, liberty or possessions…”(Locke, 1823, p. 107, para. 6), as such, he was aware that if everything is the common property of man, there was a need for a morally right method of determining ownership of God's “gifts” without causing conflict. Locke’s belief resulted in his theory which legitimizes possession/ownership and boundaries of property rights. We both interpreted the limits Locke places on the amount of resources man should acquire but now, I believe Locke…

But what exactly is a comparative market analysis and how it is used in selling homes? Comparative market analysis (CMA) is a standard report that contains specific information about the home or property for sale. Most real estate agents and brokers use a CMA in estimating the value of a house or property. The comparative market analysis report may contain two pages or more depending on the content of the report and the nature of business of the agent. Specific data contained in a comparative…

debated topic. In most cases, eminent domain is used to provide essential public goods while in other cases it has been used against private entities. Normally, when a unit of government wants to acquire private property the government attempts to negotiate the purchase of the property for fair value. If the landowner does not want to sell, the government can file a court action to exercise eminent domain, and serves or publishes notice of the hearing as required by law. The use, and at…