17 Jun WHO HAS A LEGAL RIGHT TO RENTS COLLECTED FROM TENANTS OF SHEMPLAND VILLAGE?
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 Shemps 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 Shem pland 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.
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