What is Real Property?

Real property refers to the land and any property attached to it, such as buildings, structures, fixed equipment, and anything growing on the property. People often confuse real property with real estate, and while the two are similar, the difference is real property comes with a bundle of rights. This bundle of rights is often taken for granted or misunderstood.

What is the Real Property Bundle of Rights?

  • The Right to Possess
    • As the owner of the property, you have the right to occupy the premises.
  • The Right to Control
    • The owner has the right to determine what is done with the property and what others are allowed to do with it, within legal limits.
  • The Right to Enjoyment
    • As the owner of the property, you have the right to do what you want on your property, within legal limits, without the harassment or interference of others.
  • The Right to Exclusion
    • If you own the property, you have the right to determine who is permitted on the premises.
  • The Right to Disposition
    • The property owner has the right to transfer the property to another party, either temporarily or permanently.

Why You Want an Expert Witness in a Real Property Case

There are numerous reasons why you would want a CPA expert witness to provide expert testimony when you are dealing with cases involving real property. Cases involving real property often include issues, such as property tax appeals and estate tax returns. These can be complex documents, and having a CPA expert witness from Thomas Neches & Company LLP be able to review these financial documents could determine the outcome of your case.

Representative Real Property Engagements

Side Case Number Case Name Attorney Law Firm Testify
Def 744099 City of Anaheim v. Sony Corporation of America, et al. Michael T. Williams Andrews & Kurth Depo
Pln RCV047514 Michael R. Smits v. James T. Lukens Brian S. Kabateck Quisenberry & Kabateck Depo
Def BC193377 2404 Wilshire Ltd. v. Allright Cal., Inc. Jeffrey H. Dasteel Skadden, Arps, Slate, Meagher & Flom Depo
Pln 660132 Warner-West, Ltd. v. Alpha Beta Company Matt Pero Thorpe and Thorpe Depo / Trial
Pln BC532950, BC529916 Donna L. Kaplan v. Jeffrey A. Kaplan, et al. Luan K. Phan PB Law Group, LLP Depo / Trial

 

What is A Ponzi Scheme?

Thomas Neches Appears on ‘Getting Schooled’ Podcast w/Abby Hornacek

What is a Ponzi scheme? Who do they affect and how do they happen? Thomas sits down with Abby Hornacek to discuss these questions and more following the recent death of one of the most infamous Ponzi schemers of all time, Bernie Madoff. Madoff’s name roared into the headlines in 2008 when he was arrested for conning 65 billion dollars out of as many as 37 thousand people. (more…)


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