Wiley and gemma-case study

Reference no: EM1319765

Wiley and Gemma are neighbors. Wiley's lot is extremely large, and his present and future use of it will not involve the entire area. Gemma wants to build a single-car garage and driveway along the present lot boundary. Because of ordinances requiring buildings to be set back ?fteen feet from an adjoining property line, and because of the placement of her existing structures, Gemma cannot build the garage. Gemma contracts to purchase ten feet of Wiley's property along their boundary line for $3,000. Wiley is willing to sell but will give Gemma only a quitclaim deed, whereas Gemma wants a warranty deed. Discuss the differences between these deeds as they would affect the rights of the parties if the title to this ten feet of land later proved to be defective.

Reference no: EM1319765

Questions Cloud

Analysis of productivity and sales : Suppose a company used the techniques discussed in this chapter to evaluate business unit performance. How would an economic climate like the recent severe recession affect the effectiveness of these tools and how should the economic climate be fa..

Continuous sampling since abnormal condition began : What is the probability that in a sample of 10 pieces: 5 or more will be defective?

Product market categories-marketing communications : Describe how marketing communications make products culturally relevant. Provide an example? Give an example where communications has not only helped brands to gain market share but fundamentally changed their product market categories?

Probability for defective random sample : Suppose 1.5 percent of the antennas on new Nokia cell phones are defective. For a random sample of 200 antennas, find the probability that:

Wiley and gemma-case study : Wiley and Gemma are neighbors. Wiley's lot is extremely large, and his present and future use of it will not involve the entire area. Gemma wants to build a single-car garage and driveway along the present lot boundary. Because of ordinances requi..

Determining the z values : Determine the z values for 29 and 34 hours. What percent of the garages take between 32 hours and 34 hours to erect?

Implication of culture and diversity : Why do leaders need to understand the implication of culture and diversity? Does building a learning organization add to being able to capitalize on this?

Probability using normal distribution-z score : What was the cost for the 10 percent of employees who incurred the highest dental expense?

Potential lawsuits : Martin, Barry, and Sims each have $4,000 to contribute toward an office supply business that they would like to start up. They are aware that there will be stiff competition in the business district where they will be opening.

User Account

All Pages