A gift is a transfer of property without any money changing hands. The person who makes the gift is called the donor. The recipient is called the donee. The requirements of a valid gift are that the donor voluntarily intends to give property, which is delivered to and accepted by the donee.
Most agreements for the sale of real estate contain a clause that requires the seller to convey “marketable title” or “merchantable title” to the buyer. In essence, “marketable title” refers to a title free of encumbrances. A lien is an encumbrance upon real property, and the existence of a lien on real property renders the title unmarketable.
A bill of lading is a document that is prepared by a mover when a customer contracts for the transportation and delivery of a shipment of furniture and furnishings. The bill of lading is the mover’s receipt for the household goods and the contract for their transportation. It is not a contract, but it does form part of the contract between the mover and the customer.
Property is an external thing that can be owned or possessed. Property can be divided into two categories: tangible and intangible. The word tangible refers to something that has a definable physical form that can be felt or touched. The word intangible refers to something that cannot be perceived by the senses.
The issue of historic preservation is governed by a myriad of federal, state, and local laws. Generally speaking, the purpose of preservation laws is to encourage the recognition of historic resources, as well as the preservation of those resources. Without question, historic preservation is a legitimate governmental objective. On the state and local levels, historic preservation controls may be enacted subject to the applicable constitutional constraints.