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Chapter 8 Forms of Real Estate Ownership

Chapter 8 Forms of Real Estate Ownership. Modern Real Estate Practice 17th Edition. Forms of Ownership Severalty Co-Ownership. Modern Real Estate Practice 17th Edition. Forms of Co-ownership Tenancy in common Joint tenancy Four unities: Possession, Interest, Time, Title Partition

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Chapter 8 Forms of Real Estate Ownership

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  1. Chapter 8Forms of Real Estate Ownership

  2. Modern Real Estate Practice17th Edition

  3. Forms of Ownership • Severalty • Co-Ownership Modern Real Estate Practice17th Edition

  4. Forms of Co-ownership • Tenancy in common • Joint tenancy • Four unities: Possession, Interest, Time, Title • Partition • Tenancy by the entirety • Married couples • Termination: Judgment sale, Death, Agreement or Divorce • Community property Modern Real Estate Practice17th Edition

  5. Modern Real Estate Practice17th Edition

  6. Modern Real Estate Practice17th Edition

  7. Modern Real Estate Practice17th Edition

  8. Trusts • Parties • Trustor • Trustee • Beneficiary • Living and Testamentary Trusts • Land Trusts Modern Real Estate Practice17th Edition

  9. Ownership by Business Organizations • Partnerships • General • Limited • Corporations • Shareholders and Double-Taxation • S Corporation • Syndicates and Joint Ventures • Limited Liability Companies (LLCs) Modern Real Estate Practice17th Edition

  10. Condominiums • Fee simple ownership • Creation • Common elements • Operation and administration Modern Real Estate Practice17th Edition

  11. Modern Real Estate Practice17th Edition

  12. Cooperatives • Proprietary lease • Shareholder ownership • Operation and administration • Tax advantages Modern Real Estate Practice17th Edition

  13. Townhouses • Common walls • Fee simple ownership • Common elements Modern Real Estate Practice17th Edition

  14. Time-Shares • Time-share estate • Time-share use • Membership camping Modern Real Estate Practice17th Edition

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