Real Property Chapter 49

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Chapter 49 REAL PROPERTY RESTATEMENT Real property includes land, buildings, fixtures, and rights in the land of another. A fixture is personal property that has been attached to the earth. Profits are the right to remove something from the land of another. Easements are the right to use someone else’s land. An easement can be created by necessity as when property is landlocked or by prescription when the easement is acquired adversely. A license is a revocable privilege to be on the land of another. Liens are interests in real property that can be foreclosed in the event of nonpayment. A person’s interest in real property can be a freehold estate such as a fee simple or a life estate. The determination of whether…show more content…
In October 1984, Salls sold two adjoining tracts from the parcel. Tract I, consisting of 3.675 acres, was sold to Paula Malecek and her husband for $14,700. Tract II, consisting of 3.676 acres was sold to David Minton and his wife for $14,704. Both sales occurred under a contract for deed. Neither contract for deed was recorded but payments under the contract for deed (See Chapter 15) were made. In September 1994, Salls sold the property again. This sale involved the entire 12.56 acre parcel, including the two tracts previously conveyed to Minton and Malecek. Shannon Cook, the purchaser of the entire parcel, did not record the deed until 1997. In 1999, Cook sold the 12.56 acre parcel to Fletcher. The general warranty deed Fletcher recorded bears the notation “Drafted without Title Examination.” An attorney named Robert Crouch handled all legal matters for both Malecek and Salls, including the drafting of the contract for deed for Tract I. Crouch also drafted the deeds when the property was conveyed to Cook and Fletcher. Crouch is now deceased. Salls filed bankruptcy sometime prior to 1989, and no one has been able to locate him for a number of…show more content…
The affected property owners, including Susette Kelo, live in homes and cottages (15 total) located in and around other existing structures that will be permitted to stay in the area for the proposed new structures that will consist of primarily private land developers and corporations. In fact, the city was assisted by a private, nonprofit corporation, the New London Development Corporation (NLDC), in the development of the economics plan and the ferrying of it through the various governmental processes, including that of city council approval. Such approval seems a mere formality given the fact that the city council created the NLDC. The central focus of the plan was attracting Pfizer to the Fort Trumbull area (where the homeowners and their properties were located) with the hope of the economic boost and benefits a major corporate employer can bring to an

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