1 gerry w. beyer governor preston e. smith regents professor of law texas tech university school of...
TRANSCRIPT
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PROPERTY
REVIEW SESSION ONE
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Gerry W. BeyerGovernor Preston E. Smith Regents Professor of Law
Texas Tech University School of Law
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Agenda
1. How to succeed on law school exams
2. Format of mid-term exam3. Review of personal property4. Break5. Door prizes6. Review of personal property
(continued)7. Practice exam essay question8. Discussion of answer to
practice question2
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How to Succeed on Law School Exams
1. Before – The preparation
2. During – The performance
3. After – The critique
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Exam Preparation
Be confidently prepared
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Exam Preparation
Start now
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Exam Preparation
Pay attention to my “hints”
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Exam Preparation
Prepare your own outline
No commercial outlines
No outlines from prior students
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Exam Preparation
Learn correct rules of law
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Exam Preparation
Use study time wisely
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Exam Preparation
Write essay answers under simulated exam conditions
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Exam Preparation
Write essay answers under simulated exam conditions Study the topic Obtain sample question Set timer for allotted time Write answer Compare your answer with model
answer
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Exam Preparation
Must practice
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Exam Preparation
Good night’s sleep – do not cram night before exam
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Exam Preparation
Arrive on time and at right location
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Taking the exam -- Generally
Make exam environment comfortable
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Taking the exam -- Generally
Bring time-keeping device
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Taking the exam -- Generally
Review entire exam
Determine typesof questions
Determine pointvalue of each
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Reading the Question
Spend about one-third of allotted time reading the question and thinking about your answer
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Reading the Question
Get facts correct
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Reading the Question
Determine purpose of each word
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Reading the Question
Watch for missing facts
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Reading the Question
Determine what is being asked and answer that question
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Organizing your Answer
1. Spot issue(s) – use issue checklist
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Organizing the issues
Horizontal
Vertical (stacking)
Chronological
Threshold
Order of rights of the parties24
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Organizing your Answer
2. Rule
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Organizing your Answer
3. Analysis
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Organizing your Answer
4. Conclusion Therefore, . . . . . Consequently, . . . . . Accordingly, . . . .
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Writing your Answer
Think before you write
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Writing your Answer
Write neatly or use computer
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Writing your Answer
Follow professor’s instructions
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Writing your Answer
Write concisely and avoid ambiguity
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Writing your Answer
Avoid abbreviations unless obvious or explained
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X
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Writing your Answer
Use good grammar
Select words with care
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Writing your Answer
Don’t make up law
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Writing your Answer
Explain fully
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Writing your Answer
Avoid treatise answer
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X
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Writing your Answer
On my exams, no citations to cases or statutes are needed
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Writing your Answer
Budget your time carefully
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Writing your Answer
Avoid repeating yourself
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Writing your Answer
Avoid writing useless things
“I have no more time.” “Rushed for time.” “Out of time.”
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Writing your Answer
Avoid slang, swearing, jokes, etc.
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Writing your Answer
Label segments of your answer
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Writing your Answer
One main idea per paragraph
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X
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Writing your Answer
Re-read all your answers
“The police are no where.”
“The police are now here.”
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After the Exam
Do not discuss exam
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After the Exam
Do not worry
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After the Exam
Relax (or study for next exam)
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Property Mid-Term
Subjects covered
Personal Property Estates and Future Interests Concurrent Ownership
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Property Mid-Term
Types of Questions
50 Objective
2 Essay▪ Personal property▪ Estates & future interests, concurrent
ownership
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Finding
Determine type of found property and appropriate rules.
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Finding
First occupant
If real property, more likely property owner.
If personal property, more likely finder.▪ But if finder is employee, employer may
have superior right.
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Finding
Lost property
Finder normally has rights superior to all but true owner.
But, if embedded in ground, may be treated as real property.
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Finding
Misplaced/Mislaid Property
Property owner (rather than finder) normally has superior right to possess.
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Finding
Abandoned property
First person to actually take property with intent to possess normally prevails.
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Finding
Treasure trove
At common law, finder prevailed.
Many states, including Texas, abandon this classification and treat as lost or mislaid.
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Bailments
Determine type of bailment and apply applicable rules.
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Bailment
Sole benefit of bailor = slight care
Sole benefit of bailee = great care
Mutual benefit or for hire = reasonable care (ordinary negligence standard)
Modern Trend = treat all under reasonable care standard
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Bona Fide Purchaser
BFP can prevail over true owner
Common Law▪ Transferee paid value▪ Transferee had no notice of true owner’s
claim
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Bona Fide Purchaser
BFP can prevail over true owner
UCC▪ True owner entrusts goods▪ Bailee/seller is a merchant▪ Bailee/seller deals in goods of the kind
that were entrusted▪ Purchaser is BIOCOB▪ Good faith▪ Without knowledge▪ Pay value
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Unauthorized possession
Who prevails between two non-true owners?
First?
Second?
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Unauthorized possession
When can unauthorized possessor become true owner?
Adverse possession = running of time period
Statute of limitations for conversion = running of time period with application of discovery rule
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Accession (mistaken improvement)
Basic rule = tracing
Change in identity (manufacturing) exception
Relative value exception
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Inter Vivos Gifts
1. Present donative intent
2. Delivery Actual Constructive Symbolic
3. Acceptance
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Engagement Gifts
Ascertain true nature of gift Courtship (irrevocable) Engagement (perhaps revocable)
Ascertain approach used in state Fault▪ Donor breaks engagement = irrevocable▪ Donee breaks engagement = revocable▪ Mutual breakup = revocable
No-Fault (revocable regardless of fault) 65
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Gifts Causa Mortis
In addition to regular gift elements, donor made in contemplation of impending or imminent death.
Approaches if donor survives peril: Traditional = automatically revoked Modern = failure of donor to revoke
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Gratuitous Transfers upon Death
Intestacy to heirs
Will to beneficiaries
Probate avoidance techniques
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Sample Question
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