Huh. In 1884, 16 years after the 14th Amendment was ratified, John Elk, who â as you may have surmised by his name â was an Indian, had to go to the Supreme Court to argue that he was an American citizen because he was born in the United States.
Interest An interest describes any right, claim or privilege that an individual has towards real property. The law recognizes various types of interests in real property. A nonpossessory interest in land is the right of one person to use or to restrict the use of land that belongs to another person.
In todayâs world of commercial real estate transactions, the most common form of leasehold interest is the tenancy for years. Understanding Deeds. Deeds are the legal documents that transfer ownership of real property interests from one party to another.