Question: List and explain five (5) ways in which one can acquire property. Locate and cite Indiana's intestate statute which provides the rules of descent.

List and explain five (5) ways in which one can acquire property.

 


Locate and cite Indiana's intestate statute which provides the rules of descent. (Hint: This is not in Title 32: Property; review the titles and think about where it might be.)


Consider the following scenario: X, a single male who never married and never had children, dies; at the time of his death, his father was deceased but his mother (Y) is still alive. His only sibling (Z) is also still alive. Now apply Indiana's intestate statute and identify who will receive X's property and in what percentage.


Provide and explain the elements of adverse possession in Indiana as provided in the Poole v. Corwin case. (15 points) 

Provide the elements of a valid gift as provided by the court in the Fowler v. Perry case.

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Purchase Acquiring property through purchase involves buying it from the current owner in exchange for consideration usually money This can occur thro... View full answer

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