Reference no: EM13865663
Read the following case studies and thoroughly answer the questions that follow in at least one paragraph each. Be sure to explain the reasoning behind your answer.
Case Study 1
Dora rents retail space for her business. She installed custom shelving and attached display cases to the building she was renting for her business.
Can Dora remove that shelving and those display cases and take them with her at the end of her lease? Would your answer be different if Dora were renting the property for personal use instead of for business use? Give reasons to support your answers.
Case Study 2
Grandpa Shemp died a widower, leaving a valid, uncontested will which stated, "I hereby devise all my real property to my grandsons Larry, Moe, and Curly." At the time of his death, Grandpa Shemp owned only one parcel of real property, an undeveloped 2-acre parcel of land. Five years after Grandpa Shemp's death, Moe paid all the expenses of building "Shempland Village," a large 100-unit apartment complex, on that 2-acre parcel of land.
Who owns the "Shempland Village" apartment building? Who has a legal right to rents collected from tenants of "Shempland Village"? If someone is injured at "Shempland Village," who might be held liable as an owner of the property? Give reasons to support your answers.