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blaw202 part2

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
Tangible   Stuff that one owns and can be moved  
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Intangible rights/ deeds of things    
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Real Property   Land / Real Estate  
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Donor   Person making a gift  
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Donee   Recipient of gift  
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Inter Vivos gift   Any transaction that takes place between living persons and creates rights priorto the death of any of them.  
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Causa Mortis Gift   gift, while the donor is thought to be dying w/ death impending, that is revocable under certain circumstances  
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Conditional gifts   A gift is given to someone under a certain condition the donee must do  
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Escheat   The transfer to the state of the title to a decedent's property when the owner of the property dies interstate and is not survived by anyone capable of taking the property as heir.  
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Finding Lost Property   Finders Keepers doesnt work here. You are in possession but are not the owner.  
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Animals as Personal Property   If the animals are caged, tied, or prevented from going at its will, it is considered ownership.  
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Abandoned Personal Property   Personal Property is deemed abandoned when the owner relinquishes possession of it with the intention to disclaim title to it.  
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Tenancy in Common   Form of ownership by two  
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Created by: bja34
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