David Saks

The owner of a new parcel of land was granted the right to drive across his neighbor's driveway to reach his home.

What is this right considered to be an example of ?

A. An appurtenance.

An appurtenance is considered a supplementary component of the land rights which is a right granted by the neighbor. It improves the new owners ability to gain access to the land.

When we consider the right to control or use property or real estate, and to freely dispose of the property as we see to it at will or through a deed, these rights are incorporated into what system ?

Take your time. The solution is posted below the wildlife photo.

A. The bundle of legal rights ....

....which include possession, control, dispostion, enjoyment and exclusion.

When we describe something aa unique it's considered to be scarce ?

Think of dissimilar and anything marked by dissimilarity.

True or false ?

Take your time. The solution is posted below the wildlife photo.

A. False

If it's considered unique it's considered non-homogenous, or unlike other aspects of the parcel in question.

If a tenant farmer decides to build a hen house and a building for his tractor, who do these buildings belong to ?

Take you time. The solution is posted below the wildlife photo.

A. The tenant.

If the tenant constructs a building on the property he owns it, unless other arrangements are made with the property owner.

If the buildings were blown to smithereens, vaporized, bombed, imploded or torn to pieces and the land is still there, what example has been established by recognizing that the land still in place ?

A. The indestructability of the land.

This is one of the most prominent aspects of land. Land, essentially, cannot be destroyed. It can be moved and displaced from the surface, but it extends top the center of the earth.

If a landownber has npoated a "no trespassing" or "no hunting"  sign on his or her property, what stick in the bundle of legal rights is this person exercising ?

A. The right of exclusioon.

The right of exclusion gives the landowner the right to say who or what has a right to be on their property.

The other rights included in the bubdle of legal rights are the rights of "control", "enjoyment" and "disposition".

When we consider the methoda of annexation, adaptation and the type of agreement, these are considered the legal tests for determining whether or not an item is land or real estate ?

True or false ?

A. False

The method of annexation, the type of adaptation, and the kind of agreement entered into are the legal tests for considering whether or not an item is real property or personal property.

In brief, the county assessors office might have more to do with whether or not an item is to be considered real property or personal property.

                                                         Bonus Bird

When we talk about air rights, mineral rights, and land rights what are we talking about and what would these topics be considered principle to the definition of ?

A. We're talking about real property and mineral, land and air rights are all considered part of the definition of real property.

The physical properties of the land are comprised in the combinative union of the three qualities of real property.

What could be better than watching the economy of nearly every country collapse as we speak ?

I'll tell you what !

It's here in the beautiful, middle-class, luxury and comfort of the High Point Coffee Shop on Union Avenue in mid-town Memphis near the University of Tennessee with students, faculty and friends from all over the world, just sitting here enjoying iced cupcakes and lattes, listening to Count Basie and the Beatles, working on their mid-terms, chatting about the sunshine and the blue skies, changing babies diapers, sitting on the patio with their schnauzers, surfing the web for this and that and baring naked toes under the tables, starry eyed about the coming spring weather.

Kites and dogs with frisbees, banana splits and snow cones, the art students with their brushes and their canvases on the lawns, picnic blankets under the oak trees, Sid waxing his muscle car, Suzy running a couple of laps around the campus, Mom having her nails done, Grandma baking a strudel, Leave It to Beaver on the tv, pitching and catching the football or the baseball with your grandson, playing the piano for your pals, studying the Torah at your synagogue, the Koran at your Mosque and the disciples of Christ at your church, listening to the high school band rehearsal for the spring concert, taking in a couple of hours of flight time in your Cessna, biking through the forest, walking around the block in your neighborhood, waving to your friends, kissing your children, your wife or sweetheart, visiting the children of St. Jude Children's Research Hospital, and thanking God for the beautiful day that He's made.

We're teachers, doctors, lawyers, bricklayers, pastors, rabbis, students, sons, daughters, mothers and fathers, builders and architects, politicians, policemen, musicians, artists, and Realtors©.

We can't ignore the problems causing millions of our friends and neighbors to suffer horrifically, catastrophically.

We'll find answers together and make the world a better place to live.

I thank the Creator for allowing me to live in the greatest place in the known universe...here on Earth with you !

There's someone out there that's bigger than you and me and He loves us.

Success is waking up and getting out of bed each morning.

What happens when fiscal policy begins to determine the course of the natural state of the nations economy ?

Our federal fiscal policy is overseen by both the legislative and executive branches of the United States government.

What happens when the federal government spends more money than it expects to receive in the same year ?

A big, nasty deficit, more shortage, more shortfall of economic resource and liquidity falls and slams head of the nation.

So, what does the government decide to do when this kind of thing happens ?

The government starts to sell interest bearing securities to investors who fall for the bait.

And what might the hook be baited with you may ask, for goodness sakes ?

Why it's none other than 500 billion dollars of Federal Rerserve Bank acquired mortgage backed securities from (you guessed again) Freddie Mac and Fannie Mae, resources that once belonged to private investors.

So what does this mean ?

It means that now private investors are once again lending money to the government to to cover the governments huge, failed spending catastrophe.

Will this have an effect on interest rates in the future ?

Yes ! They could increase.

Why ?

The government is borrowing, extracting, removing, withdrawing, absconding and making off with huge amounts of dough that rob the money markets and will in turn increase demand for funds for every aspect of commerce known to mankind.

Hang on to your hat !

That's about the only thing many will have left in a few days.