BSEN 395 Lecture Notes - Lecture 4: Adverse Possession, Natural-Gas Processing, Fide

• School: University of Calgary
• Department: Business and Environment
• Course: BSEN 395
• Professor: Danielwilson

Document Summary

Current practice in canada generally divides up mineral rights from the rest of the rights in the land, but that has not always been the case. If the holder failed to provided armed men, etc, land would revert back to the crown. Fee simple, life estate, leasehold, condominium, co-op housing corp. Can dispose of land by way of sale, will, or inheritance. The reversion of land to the crown when a person possessed of the fee dies intestate and without heirs. The forceful taking of land by a government or government agency for public purposes. Written or printed instrument effecting legal disposition. An estate in land in which the right to possession is based upon a person"s lifetime. A person who is entitled to real property subject to a prior interest and who acquires the fee when the prior estate terminates.