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First Principles of Business Law |
| Property law |
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2.2. Private ownership of land |
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2.2.6. Ownership of things permanently attached to land |
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Albert wants to know if, by purchasing the land, he will also become the owner of the building and other things that are attached to the land. Consider the following statements and choose the one that is correct. |
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(a) If Albert wants to become the owner of the building as well as the land, he will have to buy and pay for it separately. (b) If Albert becomes the owner of the land, he will also become the owner of the building and anything else that is permanently attached to the land. (c) If Albert becomes the owner of the land, he will also become the owner of the buildings and anything else that is physically present on the land at the time of the sale. |
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