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Unit 2 SeminarThe Role of Ethics in Real Practice
Seminar Topic The topic of this week's Seminar is the role
of ethics in a real estate practice.
Background Discussion
Some of the most complex property law issues concern determining ownership rights to real property when more than one owner is involved. Ethical issues permeate this area of the law as well.
Concurrent Ownership What does this mean?
This is when real or personal property is owned simultaneously owned by two or more persons, each holding the right to concurrent possession.
Types of concurrent ownerships Joint Tenancy Tenancy in Common Tenancy by the entirety
Great website: http://www.lexisnexis.com/lawschool/study/outlines/html/prop/prop11.htm
Condominiums, Cooperatives, and Time Shares
What is a condominium? What is a cooperative What is a time share?
Ethical Issues that paralegals must avoid in Real Estates
What are some of the ethical issues? How to avoid ethical issues?
Questions & Answers