What was the US Supreme Court holding in the Kelo case

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Reference no: EM131919919

Legal Environment of Real Estate Assignment -

Examination Questions - Please READ the directions before Beginning this Midterm.

Q1. Please read Section 123 -131 and explain how Locke's views are reflected in the U.S. Constitution's 5th Amendment, 14th Amendment and Preamble. (Please specifically reference Locke 5, 14 and the Preamble).

Q2. (a) Explain why property rights are best understood as a "Bundle of Sticks." (b) Provide and explain three examples.

Q3. (a) What was the question on certiorari to the U.S. Supreme Court in The Village of Euclid Ohio v. Ambler Realty?

(b) What was the Supreme Court's holding (decision) in The Village of Euclid Ohio v. Ambler Realty?

Q4. Explain what the Supreme Court means in the Village of Euclid when the Court says "a degree of elasticity is thus imparted... to the application of constitutional principles."

Q5. Explain the difference between Euclidean Zoning and Form Based Zoning.

Q6. (a) What was the question on certiorari that the U.S. Supreme court considered in the Kelo case?

(b) What was the U.S. Supreme Court holding (ruling) in the Kelo case?

Q7. Explain the differences between a judicial foreclosure state and a non judicial foreclosure state. (b) Which is Florida? (c) Explain why the difference matters.

Q8. Explain, what are the risks and rewards to a (i) Buyer (ii) Seller (iii) Lender and (iv) Real Estate Agent of a Buyer buying a property from a short sale.

Q9. Explain, what are the risks and rewards to a (i) Buyer (ii) Seller (iii) Lender and (iv) Real Estate Agent of a Buyer buying a property from a clerk of court auction in Florida.

Q10. Explain, what are the risks and rewards to a (i) Buyer (ii) Seller (iii) Lender and (iv) Real Estate Agent of a Buyer buying a REO property.

Q11. Explain, what are the risks and rewards to a (i) Buyer (ii) Seller (iii) Lender and (iv) Real Estate Agent a Buyer buying a Note (Promissory Note).

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Reference no: EM131919919

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Reviews

len1919919

3/29/2018 2:33:28 AM

Please find attached the material to support the questions. if you need additional material from my class.please let me know because at the instruction we need to add some references. READ the Instructions: This Mid Term Examination is based on the readings and topics discussed in class. The questions are directly from the optional Study Questions–all of the answers are available on the video recordings of the class. This Mid Term Examination is mandatory and is open book – like life in a real estate deal – you may use the resources available to you.

len1919919

3/29/2018 2:33:23 AM

Focus on the assigned readings and your notes – you do not need to read anything more than the readings assigned for class. You will not be awarded credit for references made to reading or research beyond the reading assigned in class. The point of this examination is for you to demonstrate through your answers, that you mastered the subjects discussed in class and in the readings and that you have the ability to apply your learning to support your answers to the questions. The Midterm Contains 31 total points.

len1919919

3/29/2018 2:33:17 AM

Please: Read each question slowly and answer it completely; Include the Questions and Answers with your submission; Answer the questions in black typing (no red or colors); Explain and support your answers with reasoning/arguments based on specific reference to the assigned readings (you are encouraged to quote relevant portions of contracts, statutes, laws and cases – do not just rewrite the whole case/statute); Spell check your work before turning it in; Do not provide a reference to a reading without explaining why you reference it to support your answer; Do not generally reference the reading – specifically reference the section of the reading that supports your answer; Submit your own work – do not turn in anything that is not your own individual work product (meaning, do not copy other’s work, do not work in teams, do not copy from Wikipedia, etc.). Include your name and the date on your exam.

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