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Real Estate & Property Law

PropertyProf Blog

By D. Benjamin Barros and Alfred L. Brophy et al.

Post Frequency: 12.4/day

Last Entry: March 31, 2011 at 11:58:57

Call for Property Papers

Posted on December 10, 2010
Stanford and Yale Law Schools have announced a call for papers (including property topics) for the twelfth annual Stanford/Yale Junior Faculty Forum to be held at Stanford Law School on June 24-25, 2011: The Forum's objective is to encourage the...

Foreclosure & Homeowners' Associations

Posted on December 10, 2010
The LA Times has a blog post discussing the stress that the foreclosure mess has put on homeowners' associations: If you live in a homeowners association ? condo or single-family ? chances are you have a very badly behaved new...

The Grinch, Property, and Nuisance

Posted on December 09, 2010
How Economics [and Property Rights] Saved Christmas, via Forbes. Ben Barros [Comments are held for approval, so there will be some delay in posting]

Ellickson on The Signals of Property Claims

Posted on December 09, 2010
Robert Ellickson (Yale) has posted The Inevitable Trend Toward Universally Recognized Signals of Property Claims: An Essay for Carol Rose ( William & Mary Bill of Rights Journal). Here's the abstract: Carol Rose has identified the study of the communication...

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Left Behind: Pictures of the Mortgage Collapse

Posted on December 09, 2010
The N.Y. Times has an nice blog post that discusses how artists have represented the foreclosure crises: As the housing crisis continues to unfold, the challenges in keeping it visually fresh for a restless public grows. ?It?s not an easy...

Charting Commercial Real Estate Delinquencies

Posted on December 08, 2010
?I have been a total blogging slacker, for which I apologize. I've been fairly obsessed with commercial real estate debt for the past month or so and reading documents with lots of numbers. One such document is the Mortgage Bankers...

Property: The Musical

Posted on December 07, 2010
There is a property-themed musical. It centers on eminent domain issues. It is getting good reviews from the likes of the New York Times: The great Stephen Sondheim himself might find it tricky work to make lyrical magic of the...

Salkin and Nolon's Climate Change and Sustainable Development Nutshell

Posted on December 06, 2010
Congrats to Patty Salkin (Albany) and John Nolon (Pace) on the publication of their new Nutshell on Climate Change and Sustainable Development. Here is the book description: This book comprehensively explores international, federal, state, and local laws and policies regarding...

Congrats to Ashira Ostrow

Posted on December 06, 2010
PropertyProf Ashira Ostrow was one of the two winners of the 2011 AALS Scholarly Paper Competition. Her paper, Process Preemption in Federal Siting Regimes, is available on SSRN. Here's the abstract: Historically, land use regulation has been considered a matter...

Early Registration for ALPS Extended to Dec. 20

Posted on December 06, 2010
The early registration discount for the ALPS conference has been extended to December 20. This is a great conference - register now, if you haven't already! Ben Barros [Comments are held for approval, so there will be some delay in...

PropertyProf Wanted at UNLV

Posted on December 06, 2010
UNLV's William S. Boyd School of Law is looking to fill a property position and especially invites expressions of interest from experienced property professors considering a lateral move. The school is in its second decade, having already built a remarkable...

Owning the Sun

Posted on December 06, 2010
A woman in Spain has officially registered ownership of the Sun. She plans to start charging everyone for use of the Sun. I might be willing to take her more seriously if she went there and took actual possession. Ben...

Best Use of Property Humor in a Sitcom Goes To...

Posted on November 26, 2010
30 Rock: Steve Clowney

How Private Property Saved the Pilgrims

Posted on November 25, 2010
Happy Thanksgiving! This is surely the greatest of all holidays - (nearly) everyone celebrates, and it centers on family, eating, and shopping. Now, unlike Ben, I think Turkey is pretty gross -- well, not gross but utterly and completely tasteless....

Disunion

Posted on November 24, 2010
Frequent readers may remember that an important tenet of my property teaching philosophy is that the struggle over property rights has a central place in history. I've argued that we might undersell the importance of property rights by focusing so...

A Market for Hair

Posted on November 23, 2010
Over at the Faculty Lounge, Bridget Crawford has an interesting post about the market for human hair. Crawford seems to suggest that this market should give people pause because the selling of hair is driven by dire poverty. As an...

The Stagnation of the Common Law of Property

Posted on November 22, 2010
I'm uploading older articles to SSRN, so I thought I'd mention a short piece that I co-authored this summer for the Indiana Law Review. You can find it here. While the second half of the article discusses changes in the...

Resources on the Mortgage Crisis

Posted on November 22, 2010
Last week in my Real Estate Transactions class, we focused on financing residential and commercial real estate, while looking at the current mortgage crisis. A few materials that I found helpful: The reports (and executive summaries) of the Congressional Oversight...

Tristan da Where?

Posted on November 19, 2010
An excellent peek at the ten most remote places on Earth. For more information on Tristan da Cunha see here, here, and here. According to Wikipedia, "All land is communally owned. Livestock numbers are strictly controlled to conserve pasture and...

Food & Des(s)erts

Posted on November 18, 2010
Walgreens is conducting a neat experiement that may shed some light on whether the lack of supermarkets in urban areas amounts to a market failure. Among students of the contemporary metropolis, ?food deserts? have become a widely known problem. The....

Res Ipsa Loquitur

Posted on November 18, 2010
Ever wonder what actually happened to mortgage loans during the securitization goldrush? From today's Huffington Post. Click on it to blow it up (in the positive sense). Mark A. Edwards [comments are held for approval, so there will be some...

Summary of State Foreclosure Laws

Posted on November 17, 2010
My colleague Juliet Moringiello pointed me to the National Consumer Law Center's handy summary of state foreclosure laws. Lost of useful stuff in there. Ben Barros [Comments are held for approval, so there will be some delay in posting]

Philadelphia's 40,000 Abandoned Houses

Posted on November 17, 2010
The Philadelphia Inquirer reports on the plague of vacant and abandoned houses that has overwhelemed the city: A persistent abandoned-property problem has reduced the value of Philadelphia homes by an average of $8,000, according to a new study. The report...

Rachel Whiteread: Artist, Property Theorist

Posted on November 16, 2010
For my latest writing project I've been reading a lot about memory and the uses of sculpture in public spaces. After spending a lot of time in our Art History library, I think I've finally uncovered my favorite memorial artist:...

The Next Phase of the Crisis: Will Investors Force Lenders to Buy Back Toxic Mortgage-Backed Securities?

Posted on November 15, 2010
It can be hard to keep track of all the poison spewed by the deregulated mortgage-backed securities industry. The disaster runs so deep, and in so many directions, that it keeps cropping up in unexpected ways and places. As we...

"Sleeper" House sold at foreclosure auction

Posted on November 15, 2010
Thanks to Tom Roberts (until recently of Wake Forest) for the following: Property teachers who are movie buffs may want to use the sale of Woody Allen?s ?Sleepers? house as an example of the decline in real estate prices, from...

$500,000 Profit for Sale of Virtual Property

Posted on November 15, 2010
The online world Entropia Universe, already the home of highest initial sale price for a piece of virtual property ($300,000), just had what is probably the most profitable virtual real estate transaction to date. Jon Jacobs (aka "Neverdie") sold his...

How can the ABA support PropertyProfs?

Posted on November 15, 2010
I am back from the fall leadership meeting of the ABA's Real Property, Trust and Estate Law Section. If you teach property courses and aren't a member of the section, I highly recommend that you get involved. Please feel free...

A Modest Proposal to Avert Another Mortgage-Backed Securities Disaster

Posted on November 15, 2010
At its core, the mortgage-backed securities crisis is the product of an inadequately regulated mortgage industry system. This inadequacy resulted in a massive transfer of wealth from you and I to lenders and investment banks, and an economic crisis that...

The Cost of Big City Life

Posted on November 14, 2010
A story on the struggles of twenty-somethings to find affordable housing in New York (with a slide show): To be sure, earlier generations had their share of hard-luck housing stories. But statistical evidence suggests that today?s new arrivals have a...

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