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Fact Pattern 8-1
Jill recently inherited money from her old aunt Maude. Jill decided to buy beach-front property in Beaufort, South Carolina. Jill's new property consists of 3 acres of land, with direct access to the ocean. When she bought the land there is no home on it, but she wants to build a beach home in the future. A year after she bought the lovely lot, the city of Beaufort rezones the land, prohibiting any building so that other residents can enjoy the view.
-Refer to Fact Pattern 8-1. Suppose that Grady never asked Jill for her permission to fish on her land. He fishes there whenever he wants. It is possible that if Jill doesn't tell him to "get lost," after many years:
Lease
(1) A transfer of the right to possess and use goods for a period of time in return for consideration. (2) The agreement between a landlord and a tenant that specifies the terms of a property rental.
Surrendering Property
The act of voluntarily giving up rights to property, often in a legal or financial context, such as in bankruptcy.
Writing
A type of documentation that shows contractual intent and satisfies the statute of frauds requirement.
Vacating
the act of leaving a place or position, or legally nullifying a legal judgment or contract.
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