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Full-Text Articles in Law

Joint Tenancy: Notice Of Severance; Mortgages And Survivorship, Taylor Mattis Nov 1987

Joint Tenancy: Notice Of Severance; Mortgages And Survivorship, Taylor Mattis

Northern Illinois University Law Review

This article calls for legislation to address two joint tenancy problems. First, either joint tenant may sever inter vivos and destroy the right of survivorship, without the knowledge of the other. Notice should be required to effectuate a voluntary, unilateral severance, so that survivors will not be surprised. Second, the interest of one joint tenant is not mortgageable as a practical matter, because the lien does not survive the mortgaging joint tenant. To prevent otherwise unnecessary severance to achieve mortgageability, legislation should provide for the survival of the lien if notice is given to the non-mortgaging joint tenant.


The Impact Of The 1986 Superfund Amendments And Reauthorization Act On The Commercial Lending Industry: A Critical Assessment, Steven B. Bass Mar 1987

The Impact Of The 1986 Superfund Amendments And Reauthorization Act On The Commercial Lending Industry: A Critical Assessment, Steven B. Bass

University of Miami Law Review

No abstract provided.


Real Property, Joseph M. Grohman Jan 1987

Real Property, Joseph M. Grohman

Nova Law Review

There are numerous issues and legal principles that relate to those "bundle of rights" associated with owning, using, and/or occupying real property.


Taking From Farm Lenders And Farm Debtors: Chapter 12 Of The Bankruptcy Code, James J. White Jan 1987

Taking From Farm Lenders And Farm Debtors: Chapter 12 Of The Bankruptcy Code, James J. White

Articles

In passing Chapter 12 of the Bankruptcy Reform Act, Congress has effectively invalidated certain important provisions of existing farm mortgages. Equally significant, Congress has disabled farmers from granting binding mortgages on the full, value of their property. Although no court is likely to find the Chapter to violate the fifth amendment, the Chapter constitutes a substantial and retroactive alteration of the rights of existing mortgagees and a restriction on the powers of prospective mortgagors to grant valid mortgages. The thesis of this paper is that Congress was both wrong and shortsighted in its enactment of Chapter 12. Congress was wrong …