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LSDefine

Simple English definitions for legal terms

real property

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A quick definition of real property:

Real property refers to land and everything that is permanently attached to it, such as buildings and minerals. There are different types of real property, including freehold estates (where someone owns the property for an indefinite period of time) and nonfreehold estates (where someone has limited ownership). When two or more people own or possess a property at the same time, it is called a concurrent estate. Each state has its own laws about property ownership within its borders.

A more thorough explanation:

Real property refers to land and everything permanently attached to it, such as buildings and minerals. It is a type of property that gives the owner the right to use, control, and dispose of the land in a lawful manner.

There are different types of real property, including:

  • Freehold estates: These are properties that an individual owns for an indefinite period of time. Examples include the "fee simple absolute," which is inheritable and lasts as long as the individual and their heirs want to keep it, and the "life estate," which allows the individual to possess the land for the duration of their life.
  • Nonfreehold estates: These are property interests of limited duration, such as tenancy for years, tenancy at will, and tenancy at sufferance.
  • Concurrent estates: These exist when property is owned or possessed by two or more individuals simultaneously.

Each state has exclusive jurisdiction over the land within its borders, and its laws concerning the types of interests that can be held and how they are created are not subject to federal law.

For example, if someone owns a house and the land it sits on, they own real property. If they sell the house but keep the land, they still own the real property. However, if they sell the land, they no longer own the real property.

real party in interest | Realization of gain

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14:47
dude washu has sent me an email at least once per feek for 3 months
14:47
it has significantly impacted my opinion on their law school
14:48
week* frick
BluePacedCephalopod
14:49
yeah like i've gotten radio silence from them since october
BluePacedCephalopod
14:49
like if you don't want me that's fine but why not reject or WL people? too busy having Zoom seminars
BluePacedCephalopod
14:50
like it's actually so rude that they don't have the decency to R/WL before like April
15:03
Lmaoo the Zoom seminars
GW is requesting my fall transcripts (I had intended to apply during the fall semester when I requested them, but had three hurricanes-one with water rescues in my neighborhood-an emergency 2 1/2 week trip to Colorado to say goodbye to my mother-in-law, then I received my service dog, which required another eight days away from school for training), so I ended up applying this month. If I request new transcripts through LSAC, does each school I applied to receive them? I'm hoping to not have to write an addendum of why all of my narrative evaluations mention my busy schedule or that I had to miss classes and whatnot. (My school doesn't do letter grades.)
AnotherUsername1
16:31
Yes, they receive them automatically from LSAC
@AnotherUsername1: Thank you! :)
1a2b3c4d26z
17:00
hi
omelette
17:22
yooo 1a
omelette
17:22
its eggan
omelette
17:22
eff i missed him
Do y'all think Berkeley's gonna reject me or waitlist me. An A seems unlikely atp.
omelette
18:24
i feel the same way
'tis very sad
It sucks cause I feel like I fucked up my video statement but the rest of my app was strong and now the video statement isn't even a requirement
I think as long as you haven't been R or WL, you're still in the running! I don't think they'd leave anyone hanging if they already knew! <3
BatmanBeyond
19:12
Tried negotiating scholarships with the school but they basically called my bluff saying I have to share other letters by the deposit deadline to get any $. It feels good to bet on myself though
1a2b3c4d26z
19:37
EGGGGG
1a2b3c4d26z
19:38
MY MAN
1a2b3c4d26z
19:38
How's it goin
[M] hw03
20:46
how's everyone doing
did anyone have a penn date change? mine went into review early feb, then the date on the portal changed to a couple days ago.. but no email update wondering if anyone else is in the same boat
omelette
22:24
@1a2b3c4d26z: im ok just waiting on a few more schools
0:32
how do you fuck up a video statement when youre well aware its going to happen and its straightforward
Obama
2:13
You’re an idiot
Obama
2:14
There’s a variety of ways for it to go awry
omelette
2:59
yeah true, an alarm noise went off in the middle of my video statement and i just kept going but it could have prevented the adcomms from hearing what i was saying
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