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Property law. In property law, lost, mislaid, and abandoned property are categories of the common law of property which deals with personal property or chattel which has left the possession of its rightful owner without having directly entered the possession of another person. Property can be considered lost, mislaid, or abandoned depending on ...
Generally, a quitclaim is a formal renunciation of a legal claim against some other person, or of a right to land. [ 1] A person who quitclaims renounces or relinquishes a claim to some legal right, or transfers a legal interest in land. [ 2] Originally a common-law concept dating back to Medieval England, the expression is in modern times ...
The rights inherent in patented land are carried from heir to heir, heir to assignee, or assignee to assignee and cannot be changed except by private contract (warranty deed, quitclaim deed, etc.). In most cases, the law of a particular piece of patented land will be governed by the Congressional Act or treaty under which it was acquired, or by ...
Kirtland Temple Suit. The Kirtland Temple Suit (formally Reorganized Church of Jesus Christ of Latter Day Saints v. Williams) [1] is an 1880 Ohio legal case that is often cited as the case that awarded ownership of the Kirtland Temple to the Reorganized Church of Jesus Christ of Latter Day Saints (RLDS Church, now Community of Christ ).
Adverse possession, sometimes colloquially described as "squatter's rights", [a] [dubious – discuss] is a legal principle in common law under which a person who does not have legal title to a piece of property—usually land (real property)—may acquire legal ownership based on continuous possession or occupation of the property without the permission of its legal owner.
Deed in lieu of foreclosure. A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower ...
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