The owner of Lot A constructs a steel building which is mistakenly constructed 20 feet over her lot line into Lot B. The building is bolted to a concrete slab that is also 20 feet over the lot line. If the building sits in its position for 35 years and is used by the owner of Lot A for all 35 years, who owns what and why?
1. While most contracts can be accomplished orally, to transfer real property, one must have a signed document. Why is that a law? What purpose does it serve?
2. If you had the ability to create a new federal or state agency, what subject or topic area would it govern and why?