Assignability and Divisibility of Easements in Gross
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CAPLA SUMMIT NOV. 13, 2018 Complications with Conveyancing [email protected] COMPLICATIONS with CONVEYANCING
CAPLA SUMMIT NOV. 13, 2018 Complications with Conveyancing [email protected] COMPLICATIONS WITH CONVEYANCING THREE THINGS THAT WILL ALWAYS EXIST: DEATH, TAXES & A&D. AS OUR INDUSTRY EVOLVES WE FIND NEW SOLUTIONS IN A&D 2 CAPLA Complications with Conveyancing 1. NON CONSENT on a Transaction (Land Contract) 2. AER STATEMENT OF CONCERN (SOC) 3. WELLS ABANDONED/STATE OF SUSPENSION 4. DELINQUENT PARTIES 5. NEW AER DIRECTIVE 067 3 COMPLICATIONS WITH CONVEYANCING NON CONSENT (LAND CONTRACT) BACKGROUND: IMPROVEMENTS IN LAND ADMINISTRATION Since the Assignment Procedure in 1993 was adopted by Industry with the use of the Notice of Assignment (NOA), the Assignment and Novation (A&N) has been nearly taken out of the equation in our Land Agreements. Accounting records that were a nightmare were eventually aligned with Land contractual records. UNSIGNED A&Ns CAUSED A BACKLOG AND THE ACCOUNTING NIGHTMARE WAS EASED WITH NOAS PAVING THE WAY. NOTICE OF ASSIGNMENT TOOK THE INDUSTRY BY STORM TIME CERTAINTY WITH BINDING DATE AND NO THIRD PARTY SIGNATURES 4 NOTICE OF ASSIGNMENT - CONSENT: ASSIGNOR – TRUSTEE AND ASSIGNEE – BENEFICIARY TO AGENT FOR ASSIGNEE FROM THE ASSIGNOR FROM THE EFFECTIVE EFFECTIVE DATE TO BINDING DATE DATE TO BINDING DATE AND AND REMAINS THE RECOGNIZED BECOMES RECOGNIZED INTO THE PARTY OF THE MASTER AGREEMENT MASTER AGREEMENT AS OF THE UNTIL THE BINDING DATE BINDING DATE EFFECTIVE BINDING DATE INTERESTS, DATE OBLIGATIONS, LIABILITIES THIRD PARTY – AGREES/CONSENTS TO RECOGNIZE AND ACCEPT ASSIGNOR AS TRUSTEE AND AGENT FOR ASSIGNEE. 5 COMPLICATIONS WITH CONVEYANCING A&N NOAS THIRD PARTY THIRD PARTY NON CONSENT - A&N PROBLEMATIC UNEXECUTED - PROBLEMATIC NOAS ASSIGNMENT CONSENT PROCEDURE 6 COMPLICATIONS WITH CONVEYANCING NON CONSENT (REFUSAL TO NOVATE) SENIOR, INTERMEDIATE, JUNIOR, START-UP COMPANIES ARE ALL AFFECTED UNTIL NOVATION OCCURS, THE VENDOR/ASSIGNOR REMAINS RECOGNIZED AND NOT THE PURCHASER/ASSIGNEE. -
Full Report Introduction to Project
THE ILLUSION OF CHOICE: Evictions and Profit in North Minneapolis Author: Principal Investigator, Dr. Brittany Lewis, Senior Research Associate Contributing Authors: Molly Calhoun, Cynthia Matthias, Kya Conception, Thalya Reyes, Carolyn Szczepanski, Gabriela Norton, Eleanor Noble, and Giselle Tisdale Artist-in-Residence: Nikki McComb, Art Is My Weapon “I think that it definitely has to be made a law that a UD should not go on a person’s name until after you have been found guilty in court. It is horrific that you would sit up here and have a UD on my name that prevents me from moving...You would rather a person be home- less than to give them a day in court to be heard first...You shouldn’t have to be home- less to be heard.” – Biracial, female, 36 years old “I’ve heard bad “There is a fear premium attached to North Min- things. He’s known neapolis. Because what’s the stereotypical image as a slumlord...But people have of North Minneapolis? I could tell you. against my better Bang, bang. People are afraid of it. If you tell people, judgment, to not I bought a property in North Minneapolis. What they wanting to be out say is, ‘Why would you do that?’” – White, male, a place and home- 58 year old, property manager and owner less and between moving, I took the first thing. It was like a desper- ate situation.” – Biracial, female, 45 years old For more visit z.umn.edu/evictions PURPOSE, SELECT LITERATURE REVIEW, RESEARCH DESIGN AND METHODS Purpose Single Black mothers face the highest risk of eviction in the Single Black women with children living below the poverty line United States. -
Colorado Amends Unclaimed Property Law Regarding Gift Cards; Will Other States Follow?
Journal of Multistate Taxation and Incentives Volume 23, Number 10, February 2014 Department: PROCEDURE Colorado Amends Unclaimed Property Law Regarding Gift Cards; Will Other States Follow? States are reviewing their processes and looking for the means to enhance revenue, a course that includes increasing enforcement efforts and accelerating dormancy periods and reporting deadlines. By: JAMSHID EBADI AND SAMUEL SCHAUNAMAN JAMSHID EBADI is a Director with the Abandoned and Unclaimed Property Practice at Ryan LLC, in Greenwood Villa, Colorado. SAMUEL SCHAUNAMAN, J.D., is a Senior Manager with the same practice group, in Tulsa, Oklahoma, and he has previously written for The Journal. This article appears in and is reproduced with the permission of the Journal of Multistate Taxation and Incentives, Vol. 23, No. 10, February 2014. Published by Warren, Gorham & Lamont, an imprint of Thomson Reuters. Copyright (c) 2014 Thomson Reuters/Tax & Accounting. All rights reserved. All states, as well as an increasing number of foreign countries, have laws regulating the reporting and remitting of unclaimed property to the respective jurisdictions. Colorado has recently amended its Unclaimed Property Act ("Colorado Act" or "the Act") and the following discussion provides a synopsis of the Act and highlights the recent legislative developments in Colorado affecting the Act. First, however, we provide an overview of what typically constitutes unclaimed property. While not a "tax," unclaimed property nevertheless has become a significant source of funds for many states. The field of unclaimed property (also referred to as "abandoned property" or "escheat") concerns the requirement that businesses holding such property (the "holders") report the property to state governments. -
Professor Crusto
Crusto, Personal Property: Adverse Possession, Bona Fide Purchaser, and Entrustment New Admitted Assignment, Monday, May 11, 2020 ************************************** Please kindly complete in writing and kindly prepare for discussion for the online class on Friday, May 15, 2020, the following exercises: I. Reading Assignments (see attached below, following Crusto’s lecture notes): 1. Adverse Possession, Bona Fide Purchaser, Entrustment: pp. 116-118, 151-163: O’Keeffe v. Snyder (see attachment) and 2. Crusto’s Notes (below) II. Exercises: Exercise 1 Based on the cases and the reading assignment (above) and Crusto lecture notes (below), write an “outline” listing five legal issues for the personal property topics of 1. Adverse Possession, Bona Fide Purchaser, and Entrustment, and ten rules and authorities (one word case name or other source). Exercise 2 Answer the following questions, providing a one sentence answer for each question: 1. Provide three examples of personal (not real) property. 2. What are the indicia (evidence) of ownership of personal property? 3. How does a person normally acquire title to personal property? 4. What role does possession play in evidencing ownership of personal property? 5. What is meant by the maxim that “possession is 9/10s of the law”? 6. How, if ever, can a person acquire title to personal property by adverse possession? 7. What is a statute of limitations? 8. What role did the statute of limitations play in the O’Keefe case? 9. How does a person qualify as a bona fide purchaser? 10. What benefits result from such a qualification? 11. What is the rule of discovery? 12. -
Irrevocable Assignment of Benefits, Authorization and Lien
IRREVOCABLE ASSIGNMENT OF BENEFITS, AUTHORIZATION AND LIEN To Whom It May Concern: This Irrevocable Assignment of Benefits, Authorization and Lien (this “Assignment”) is made by and between (“Patient”) and The Therapy Network, L.C., and/or Health Care Alternatives and its affiliated physicians, hereinafter referred to in the singular as (“Provider”). With this Assignment, and in consideration of treatment without having to render concurrent payment, Patient, hereby irrevocably transfers, sets over and assigns to Provider all insurance and/or litigation proceeds to which Patient is now or may hereafter become entitled, including those listed below, up to the total amount due and owing the Provider for services rendered to the Patient by reason of accident or illness, including interest thereon, as well as any other charges that are due or may become due the Provider, including, without limitation, requested reports, collection costs and expenses and attorney’s fees, and Patient further hereby irrevocably authorizes and directs any insurance company and/or attorney to whom an original or copy of this Assignment is provided to withhold from Patient and pay directly to such Provider such amount(s) from (1) any insurance benefits payable to Patient or on Patient’s behalf, including, but not limited to, medical payments benefits, No Fault benefits, health and accident benefits, foundation grants, governmental or agency benefits, worker’s compensation benefits or any other insurance proceeds or benefits of any kind which are payable to or on behalf of the Patient, and (2) any litigation proceeds (which may include insurance proceeds) from any settlement, judgment or verdict in Patient’s favor as may be necessary to fully pay any and all financial obligations owed to the Provider by the Patient. -
17.01.05-Charitable Gifts and Assignment of Ownership Rights
17.01.05 Charitable Gifts and Assignment of Ownership Rights Approved May 1, 2019 Next Scheduled Review: May 1, 2029 Regulation Summary This regulation defines how offers of intellectual property in exchange for royalty returns or charitable gifts to The Texas A&M University System (system) or its members are processed and the assignment of ownership rights to that intellectual property is affected. Definitions Click to view Definitions. Regulation 1. INTELLECTUAL PROPERTY OFFERS IN EXCHANGE FOR ROYALTY SHARING 1.1 If an owner of intellectual property chooses to offer to the system or member intellectual property in which the system has no claim in exchange for the sharing of royalties, the system or member chief executive officer (CEO) may accept ownership of the intellectual property through a process defined by the system, which has been approved by the System Office of General Counsel, provided that: (a) the owner makes the offer through the system or one of the members, and the intellectual property will be treated as if the intellectual property had been created within the system; (b) the owner agrees to all provisions (including the distribution of income provisions) of Policy 17.01, Intellectual Property Management and Commercialization and its related regulations; (c) the owner warrants that the owner owns all rights, title and interest to the intellectual property and that, to the best of the owner’s knowledge, the intellectual property does not infringe upon any existing intellectual property legal rights; (d) the owner discloses all existing licenses, options and encumbrances for that intellectual property and warrants that what is disclosed are all of the existing licenses, options and encumbrances for that intellectual property; and 17.01.05 Charitable Gifts and Assignment of Ownership Rights Page 1 of 3 (e) an offer of a patent(s) and/or a patent application(s) to a member CEO must be assigned to the system for the benefit of that member. -
Assignment of Intangibles (Real Estate)
Assignment of Intangibles (Real Estate) Document 5038A LeapLaw.com Access to this document and the LeapLaw web site is provided with the understanding that neither LeapLaw Inc. nor any of the providers of information that appear on the web site is engaged in rendering legal, accounting or other professional services. If you require legal advice or other expert assistance, you agree that you will obtain the services of a competent, professional person and will not rely on information provided on the web site as a substitute for such advice or assistance. Neither the presentation of this document to you nor your receipt of this document creates an attorney-client relationship. GENERAL ASSIGNMENT OF INTANGIBLE PROPERTY AND ASSUMPTION AGREEMENT This GENERAL ASSIGNMENT OF INTANGIBLE PROPERTY AND ASSUMPTION AGREEMENT (this "Agreement") is made and entered into this __day of _________, 20__, by and between [NAME OF ASSIGNOR] a ____________ [corporation] ("Assignor") and [NAME OF ASSIGNEE], a ___________ [corporation] ("Assignee"). W I T N E S S E T H WHEREAS, concurrently with the execution and delivery of this Agreement, Assignor is conveying to Assignee, by [NAME OF] Deed (the "Deed"), that certain real property known as [DESCRIBE PROPERTY] and located at [PROPERTY ADDRESS], as more particularly described on Exhibit A attached hereto and made a part hereof (the “Real Property”); WHEREAS, Assignor has agreed to assign to Assignee certain intangible property as hereinafter set forth; NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor and Assignee agree as follows: 1. -
Non-Exclusive Partial Assignment of Easement Agreement for Electrical Utilities
NOTICE: OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOV[ OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. Non-Exclusive Partial Assignment of Easement Agreement for Electrical Utilities Date: June 8, 2020 Assignor: City of Bryan, Texas Assignor's Mailing Address: P.O. Box 1000 Brazos County Bryan, Texas 77805 Assignee: City of College Station, Texas Assignee's Mailing Address: P.O. Box 9960 Brazos County College Station, Texas 77842 Consideration: Ten Dollars ($10.00) and other good and valuable consideration. Easement Property: (See the attached property descriptions in Exhibits A through G attached) This Assignment shall assign the rights herein specified only as to that portion of the above described Easement Property more particularly described on the attached Exhibits "A" through ''G" known as the "Easement Area", and any additional area adjacent to the Easement Area necessary to install and maintain the Facilities subject to this assignment. Partial Assignment of Easement. For the Consideration, the receipt and sufficiency of which is hereby acknowledged, Assignor, acting individually, and for, and on behalf of, its heirs, successors, and assigns, collectively "Assignor" hereby assigns, without warranty, to the Assignee, its successors and assigns, a perpetual, non-exclusive right to use the Easement Area herein described. Permitted Use. Assignee may use the Easement Area to construct, reconstruct, make improvements, install, operate, maintain, patrol, inspect, test, repair, upgrade, alter, replace and remove, now or in the future, certain electrical utility facilities (the "Facilities"), together with the right of ingress and egress over, under, above, across and through, and the use of any adjacent real property owned or controlled by Assignor to and from the Easement Area for the purpose of exercising the rights assigned herein. -
An Environmental Critique of Adverse Possession John G
University of the Pacific Scholarly Commons McGeorge School of Law Scholarly Articles McGeorge School of Law Faculty Scholarship 1994 An Environmental Critique of Adverse Possession John G. Sprankling Pacific cGeM orge School of Law Follow this and additional works at: https://scholarlycommons.pacific.edu/facultyarticles Part of the Environmental Law Commons, and the Property Law and Real Estate Commons Recommended Citation John G. Sprankling, An Environmental Critique of Adverse Possession, 79 Cornell L. Rev. 816 (1994) This Article is brought to you for free and open access by the McGeorge School of Law Faculty Scholarship at Scholarly Commons. It has been accepted for inclusion in McGeorge School of Law Scholarly Articles by an authorized administrator of Scholarly Commons. For more information, please contact [email protected]. Cornell Law Review Volume 79 Article 2 Issue 4 May 1994 Environmental Critique of Adverse Possession John G. Sprankling Follow this and additional works at: http://scholarship.law.cornell.edu/clr Part of the Law Commons Recommended Citation John G. Sprankling, Environmental Critique of Adverse Possession , 79 Cornell L. Rev. 816 (1994) Available at: http://scholarship.law.cornell.edu/clr/vol79/iss4/2 This Article is brought to you for free and open access by the Journals at Scholarship@Cornell Law: A Digital Repository. It has been accepted for inclusion in Cornell Law Review by an authorized administrator of Scholarship@Cornell Law: A Digital Repository. For more information, please contact [email protected]. AN ENVIRONMENTAL CRITIQUE OF ADVERSE POSSESSION John G. Spranklingf INTRODUCTION Consider three applications of modem adverse possession law to wild, undeveloped land. -
MPEP § 317.03, and Realvirt, LLC V
Chapter 300 Ownership and Assignment 301 Ownership/Assignability of Patents and 317.02 Correction of Unrecorded Returned Applications Documents and Cover Sheets 301.01 Accessibility of Assignment Records 317.03 Effect of Recording 302 Recording of Assignment Documents 318 Documents Not to be Placed in Files 302.01 Assignment Document Must Be Copy 319 [Reserved] for Recording 320 Title Reports 302.02 Translation of Assignment Document 321-322 [Reserved] 302.03 Identifying Patent or Application 323 Procedures for Correcting Errors in 302.04 Foreign Assignee May Designate Recorded Assignment Document Domestic Representative 323.01 Correction of Error in Recorded 302.05 Address of Assignee Cover Sheet 302.06 Fee for Recording 323.01(a) Typographical Errors in Cover 302.07 Assignment Document Must Be Sheet Accompanied by a Cover Sheet 323.01(b) Typographical Errors in Recorded 302.08 Mailing Address for Submitting Assignment Document Assignment Documents 323.01(c) Assignment or Change of Name 302.09 Facsimile Submission of Assignment Improperly Filed and Recorded Documents by Another Person Against 302.10 Electronic Submission of Assignment Owner's Application or Patent Documents 323.01(d) Expungement of Assignment 303 Assignment Documents Not Endorsed Records on Pending Applications 324 Establishing Right of Assignee To Take 304-305 [Reserved] Action in Application Filed Before 306 Assignment of Division, Continuation, September 16, 2012 Substitute, and Continuation-in-Part 325 Establishing Right of Assignee To Take in Relation to Parent Application Action in Application Filed On or After 306.01 Assignment of an Application September 16, 2012 Claiming the Bene®ts of a Provisional Application 301 Ownership/Assignability of Patents and 307 Issue to Non-Applicant Assignee Applications [R-10.2019] 308 Issue to Applicant 35 U.S.C. -
Nonprofit Real Estate Development Toolkit: Stable, Affordable Space for Manufacturing
NONPROFIT REAL ESTATE DEVELOPMENT TOOLKIT: STABLE, AFFORDABLE SPACE FOR MANUFACTURING DEVELOPED FOR THE URBAN MANUFACTURING ALLIANCE BY THE PRATT CENTER FOR COMMUNITY DEVELOPMENT Purpose of this toolkit This toolkit is meant to help manufacturers understand developers, and help developers understand manufac- turers, so they can better identify and pursue opportunities to work together. We also want state, local, and federal govern- ment actors to understand the particular challenges urban manufacturers face in securing the space they need; and we want to promote the development of policy and financing tools that can lower some of the barriers to nonprofit industrial development that now impede the growth of vibrant, diverse, and stable industrial communities. Reclaiming legacy industrial buildings in urban markets demands development Introduction: why is nonprofit industrial expertise and a mission-driven commitment. real estate development important to urban Different markets: different challenges manufacturers? Hot market challenges: Manufacturers need space that is: • In high-cost, high-demand cities, land that has traditionally Stable been industrial is under pressure from users who can pay Affordable more – much more – for space than manufacturers. A parcel of land used for manufacturing may have value of Right Size $150 per square foot; if residential development is allowed on the same parcel, its value may be $3,000 per square Right Quality foot or more. Right Location • Political leaders in many cities have rezoned Industrial land to accommodate residential and commercial growth, But good space is hard to find – in hot-market cities and in often with the stated goal of increasing local property and cool ones. -
Real Property Conveyance Fee
Real Property Conveyance Fee tate law establishes a mandatory conveyance fee that is exempt from federal income taxation, when on the transfer of real property. The fee is calculated the transfer is without consideration and furthers the Sbased on a percentage of the property value that is agency’s charitable or public purpose. transferred. In addition to the mandatory fee, all but one • when property is sold to provide or release security county levies a permissive real property transfer fee. The for a debt, or for delinquent taxes, or pursuant to a revenue from both the mandatory fee and the permissive court order. fee is deposited in the general fund of the county in which • when a corporation transfers property to a stock the property is located - no revenue goes to the state. In holder in exchange for their shares during a corporate 2013, the latest year for which data is available, convey reorganization or dissolution. ance fees generated approximately $108.7 million in rev • when property is transferred by lease, unless the enues to counties: $34.0 million from mandatory fees and lease is for a term of years renewable forever. $74.7 million from permissive fees. • to a grantee other than a dealer, solely for the pur pose of, and as a step in, the prompt sale to others. Taxpayer • to sales or transfers to or from a person when no (Ohio Revised Code 319.202 and 322.06) money or other valuable and tangible consideration The real property conveyance fee is paid by persons readily convertible into money is paid or is to be paid who make sales of real estate or used manufactured for the realty, and the transaction is not a gift.