| The Cooperative Form of Ownership |
| Under a cooperative form of ownership, a home buyer typically does not obtain title to a particular unit. Instead, title to all of the units in the cooperative is held by a corporation. A home buyer purchases shares of stock in the corporation. Instead of a deed, the home buyer receives a lease for the particular unit.More... |
| The Comprehensive Environmental Response, Compensation and Liability Act |
| In the year 1980, the United States Congress passed the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA). CERCLA is a remedial statute designed to protect and preserve public health and the environment. Courts have construed it broadly in order to effectuate its purpose.More... |
| Real Estate Negotiations |
| Parties often use negotiation as a technique by which to come to an understanding. The parties may or may not be represented by real estate agents or attorneys.More... |
| Bailments |
| A bailment is created when, coupled with the intent to possess certain property, the bailee accepts the actual physical possession and control of the property. In the example, the bailment is created when the dry cleaner accepts the man's suit with the intent to possess the suit.More... |
| Flood Insurance |
| Congress created the National Flood Insurance Program (NFIP) by way of legislative enactment. Congress' purpose in creating the NFIP was to create a national program for flood management.More... |

