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.

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John bought Blackacre two years ago for $100,000, but since then it has failed to increase in market value.
Exchanges of realty and IRS "step transactions." (Tax Issues)
The question about who has the lien on Blackacre can morph into the question of who owns Blackacre.
The paper chase: securitization, foreclosure, and the uncertainty of mortgage title
Blackacre will always be Blackacre, but citizenship changes via a process of continuous negotiation.
The Birthright Lottery: Citizenship and Global Inequality
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.
'Cleaned up' De Niro studio hits the market at $25m
B agrees to purchase Blackacre and transfer it to A before the earlier of 180 days from date of transfer of Whiteacre or the due date for A's return for the tax year in which the transfer of Whiteacre occurs.
Like-kind exchanges - recent developments, restrictions, and planning opportunities
He represented the firm in the combined sale of 111 Eighth Avenue, 95 Wall Street, 100 William Street and 99 Wall Street for $386 million to Blackacre Capital/Taconic Investment Partners.
Jeffrey Randall Karp
For example, it focuses heavily on the travails of wealthy property owners, who own such luxurious estates as Blackacre.
The MBE (Multistate Bar Examination): Sample MBE III: July 1998
Example 3: C owns Blackacre, undeveloped real estate with an FMV of $990,000.
Planning implications of the TRA '97's increase in the unified credit
Corporation A identifies Blackacre as the replacement
Deferred like-kind exchanges: an analysis of the proposed regulations under section 1031(a)(3)
Example 1: Martin and Mary Jones owned Blackacre as joint tenants.
Joint tenancy ownership - advantages and pitfalls

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