Blackacre


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Blackacre

Mythical property used as an example in nearly all explanations of legal concepts relating to real estate,such as, “If A owns an undivided 1/2 interest in Blackacre… .” If more properties are needed, use Greenacre, and then Whiteacre.

References in periodicals archive ?
1) Blackacre has an assessed value of $90,000, and Chuck is the only co-owner who qualifies for the homestead tax exemption.
We are absolutely delighted to have been presented with a Gold 1* award in the Great Taste Awards and to be the first egg producer to have entered and won is a massive achievement for Blackacre," said Dan Wood from Blackacre Farm.
Cleaning up the property and the adjacent portion of the Hudson wasn't easy, given its former life as an industrial site and the high levels of pollutants in the river," says Paul Adler, co-managing director of Blackacre.
The value of the easement encumbering Blackacre equals the difference between the before and the after value of Blackacre; however, the charitable deduction that Cary may claim is reduced by the increase in the value of Greenacre.
Formerly known as Blackacre Institutional Capital Management, Cerberus Real Estate Capital Management, LLC, is an industry leader in providing customized debt, equity and hybrid capital solutions for complex real estate and real estate-related assets and business opportunities.
Eggs come from Blackacre Farm Eggs, 10 miles away; fruit and vegetables are supplied by George Brown 20 miles away; cakes are sourced from Puddings and Pies 15 miles away; and its fresh cakes are supplied daily from Kenton Bakeries three-and-a-half miles away.
Farmer Tim Wood, of Blackacre Farm Eggs in Somerset, which supplies 700 stores, said: "Anything that gets people talking about eggs is bound to be good.
A's basis in Blackacre is $50,000 and the fair market value of the property is $100,000.
Anthony McMullen, 48, of Blackacre Road, Halewood was told by a district judge that he had "displayed appallingly aggressive behaviour and used obnoxious and foul language towards officers carrying out their duty.
McMullen, of Blackacre Road, Halewood, was sentenced to a two-year community order and told to complete 200 hours of unpaid work.
LNR announced its sale last August to a company formed by Cerberus and affiliate Blackacre Capital Management LLC.