A real covenant is a promise or obligation by a landholder that limits their use of the property, either requiring a specific act to be or not to be performed. If the covenant demands action, it is an affirmative covenant; if the covenant...
property law
(LIIBULLETIN preview)
Petitioner S.D. Warren Company (“Warren”), a subsidiary of South African Pulp and Paper, owns and operates five hydroelectric dam projects on the Presumpscot River in Cumberland County, Maine. S.D. Warren Company v. Maine Board of Environmental...
(Wex page)
Overview
A taking is when the government seizes private property for public use.
A taking can come in two forms. The taking may be physical, which means that the government literally takes the property from its owner). Or the taking may be...
(Wex page)
A tenancy in common (TIC) is one of three types of concurrent estates (defined as an estate that has shared ownership, in which each owner owns a share of the property). The other two types are a joint tenancy and a tenancy by the entirety. A TIC...
(Wex page)
Trespass is knowingly entering another owners’ property or land without permission, which encroaches on the owners’ privacy or property interests. There are many laws relating to trespass.
Tort LawTrespass to Land: If an...
(Wex page)
Overview
The law of unfair competition is primarily comprised of torts that cause economic injury to a business through a deceptive or wrongful business practice. Unfair competition can be broken down into two broad categories:
unfair... (Wex page)
Voluntary waste, also referred to as affirmative waste, refers to overt and willful acts of destruction performed by a tenant or life tenant that lead to the drop in value of a piece of property by harming the property or depleting natural...