Class Project
1. There are three primary ways that real estate is described in the U.S.
Explain each. What makes a real estate description legally sufficient?
2. Land use controls—Communities control the use of property within their boundaries.
How is this done? Why is this done? What are some of the more common controls?
3. Explain the following:a Fee Simple Estate
a Life Estate
a Reversionary Interest or a Right of Reverter
a Right of Reentry
a Deed of Trust
4. Environmental Issues—What environmental issues should a land owner be aware of?
What environmental issues should a potential purchaser of a tract of land be aware of?
5. Fair Housing Laws—Describe several of these from the perspective of a land owner