What rights can be exercised by owen as current owner

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Reference no: EM132189044

Owen purchases a run-down campground just outside the city, with the intent to restore the campground and to then make it available to urban schools and families who might not otherwise have an opportunity to camp or to spend time in the country. Over the years he creates strong ties with organizations such as Big Brothers Big Sisters, and YMCA youth programs. As Owen prepares for his retirement, he has some serious talks with several organizations about what should be done to keep the camp running in the same manner after he retires. Eventually he announces that he will give the camp to the local Big Brothers Big Sisters. Owen’s attorney has prepared papers setting forth the manner in which the camp should be organized and managed. In the event Big Brothers Big Sisters is unwilling or unable to run the camp as agreed, there are detailed provisions for the camp to be turned over to an alternative organization, or to be handed over to the city as a park.

a. Simply state the type of freehold estate Owen has.

b. Simply state the type of freehold estate Big Brothers Big Sisters will be given.

c. What rights can be exercised by Owen as the current owner that cannot be exercised by Big Brothers Big Sisters when that organization becomes the new owner?

d. The Tolby family has permission to use one of the campground cabins for Memorial Day Weekend. State the nonpossessory right the family has received. What facts cause you to believe you are correct? Is this right revocable or nonrevocable?

Reference no: EM132189044

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