Commercial Real Estate Law by Kenneth Bishop: Immovable Property

it was held that a contract to cut timber for the manufacture of pulp was unauthorized under a covenant providing that certain land should not be sold for "commercial agricultural, manufacturing, or other purposes," since the word "commercial" applies to the words "manufacturing, or other purposes," as well as to the word "agricultural."

Beneficial interest purchaser obtained in land upon execution of contract of purchase and sale of the land was subject to sale on execution, to mortgage, or to be made subject of a trust, was sufficient to sustain homestead claim, would have constituted estate of inheritance, and would have entitled him to recover damages for trespass, if any, and the interest required him to bear losses, if any, due to fortuitous events

The Supreme Court, Mr. Justice Stewart, held that a fully integrated real estate management company which managed eight commercial office buildings and an apartment complex under contract with the owners, obtaining tenants, signing leases, collecting rents and generally managing and maintaining the properties

Background: Real estate agent brought action against construction equipment seller arising out of equipment seller's decision to contract directly with construction company for the construction of a new showroom without paying a commission to real estate agent.

a “fixture” is personal property that has become physically affixed to realty so that it is part of the real estate.

Purchasers of real property brought action against vendor and prior owners of the property, who had leased the property back from vendor after selling it to him, arising out of prior owners' removal of items from the property at the end of their lease term. The Superior Court, Walton County, Ozburn, J., awarded partial summary judgment to prior owners. Purchasers appealed.