Podcast
Questions and Answers
What kind of interest did Hedley Lamar get for the railroad in Rock Ridge?
What kind of interest did Hedley Lamar get for the railroad in Rock Ridge?
An appurtenant easement
What interest in land have you acquired by negotiating with the Aluminum Monk brewery for parking?
What interest in land have you acquired by negotiating with the Aluminum Monk brewery for parking?
A license
What interest in land has Stark Industries acquired for mining vibranium?
What interest in land has Stark Industries acquired for mining vibranium?
Profit
Can the town immediately force Clem to quit using his land for agricultural purposes after zoning it residential?
Can the town immediately force Clem to quit using his land for agricultural purposes after zoning it residential?
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Which of the following are included in Ferrell's Top Four elements of a land sale contract? (Select all that apply)
Which of the following are included in Ferrell's Top Four elements of a land sale contract? (Select all that apply)
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What does a 'quitclaim deed' give you?
What does a 'quitclaim deed' give you?
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What is the most common circumstance in which someone will issue a quitclaim deed?
What is the most common circumstance in which someone will issue a quitclaim deed?
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RCS starts with baselines that run east and west and principal meridians that run north and south.
RCS starts with baselines that run east and west and principal meridians that run north and south.
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What is an appropriate legal description of the shaded L-shaped parcel in Section 15 in Township 3 North, Range 5 West?
What is an appropriate legal description of the shaded L-shaped parcel in Section 15 in Township 3 North, Range 5 West?
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What is the method for navigating the outer square of Section 15 in Township 3 North, Range 5 West?
What is the method for navigating the outer square of Section 15 in Township 3 North, Range 5 West?
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What do you know about a property if the legal description ends with the letters 'C.M.'?
What do you know about a property if the legal description ends with the letters 'C.M.'?
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Is Phonopoly guilty of trespass for placing a fiber optic cable six inches beneath your field without setting foot on it?
Is Phonopoly guilty of trespass for placing a fiber optic cable six inches beneath your field without setting foot on it?
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Study Notes
Property Interests
- Hedley Lamar acquired an appurtenant easement, allowing him to build a railroad over private property in Rock Ridge.
- A food truck business owner obtains a revocable license to park on the Aluminum Monk brewery lot from 11:00 AM to 8:00 PM.
- Stark Industries gains a profit interest to mine vibranium on Wakandan land, restricted to necessary mining activities.
Land Use and Zoning
- Clem has a ten-year grace period to continue agricultural practices even after his land is re-zoned as residential by the town.
Elements of a Land Sale Contract
- A valid land sale contract must include:
- Clear description of the parties involved
- Purchase price and payment method
- Complete and accurate legal description of the property
- Signatures of all parties
Quitclaim Deed
- A quitclaim deed transfers whatever interest the grantor has in a property with no warranties, essentially "as is."
Legal Description Rules
- The rectangular coordinate system (RCS) employs baseline and principal meridian lines for legal descriptions:
- Parallel lines to the baseline create townships
- Parallel lines to the meridian create ranges
Legal Description Examples
- An appropriate legal description in Section 15, Township 3 North, Range 5 West, could be described as the south half of the southwest quarter and the northwest quarter of the southwest quarter.
- For a property delineated by diagonal lines of 3,733.524 feet within the same section and township, the direction involves multiple turns from the middle of the northern baseline.
Meridian Designation
- The suffix "C.M." in a legal description indicates the property is located in Oklahoma's panhandle, governed by the Cimarron Meridian.
Trespass Scenarios
- Phonopoly Telecom’s placement of a fiber optic cable beneath a property, without surface presence, constitutes trespass to chattel but shows no damage occurred.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Test your knowledge with these flashcards on agricultural law concepts from Dr. Ferrell's class. Dive into legal principles like property rights and negotiation tactics related to building infrastructure projects. Perfect for reviewing key terms and applications in ag law.
