BUSI 600 BUSI600 BUSI/600 Discussion Board 3 Week 5 Property

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BUSI 600 BUSI600 BUSI/600 Discussion Board 3 Week 5 Property

Discussion Board 3/Week 5

Property

Barney has finally decided to retire after many years on the job as a deputy in a small North Carolina town and as a detective in the “big city” of Raleigh, NC.

Though Barney sometimes appeared to be a bumbling law enforcement officer, it turns out that he was dutiful saver and a shrewd investor, who now owned an interest in a second home on the North Carolina coast as well as some prime real estate in the North Carolina mountains.

Barney had purchased the mountain property some 31 years ago, as joint tenants with a right survivorship with his old friend’s Andy, Floyd and Howard. Sadly, all of them had passed away and Barney had not been back to the property in over 20 years.

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BUSI 600 BUSI600 BUSI/600 Discussion Board 3 Week 5 Property

Discussion Board 3/Week 5

Property

Barney has finally decided to retire after many years on the job as a deputy in a small North Carolina town and as a detective in the “big city” of Raleigh, NC.

Though Barney sometimes appeared to be a bumbling law enforcement officer, it turns out that he was dutiful saver and a shrewd investor, who now owned an interest in a second home on the North Carolina coast as well as some prime real estate in the North Carolina mountains.

Barney had purchased the mountain property some 31 years ago, as joint tenants with a right survivorship with his old friend’s Andy, Floyd and Howard. Sadly, all of them had passed away and Barney had not been back to the property in over 20 years.

Andy had apparently indicated in his will that he was leaving his interest in the property to his son Opie, and a few years back Opie had taken out a personal loan using his alleged interest in the property as collateral. When Opie defaulted on the loan last month, the lender had initiated a legal action to foreclose on the property.

Barney hired an old friend whom he used to go to church with, who is now an attorney in Raleigh, to address the lender’s legal action.

The matter is still pending.Remembering that a trout-filled stream ran through the property, Barney decided to do a little fly-fishing. Driving out to the property, Barney was surprised to see smoke rising from the stone chimney of the little cabin that some unknown person had constructed in the center of the property.

Approaching the cabin, Barney suddenly heard a shot ring out and a bullet whiz past his head. Ducking for cover, Barney heard a familiar voice, it was Ernest, from the small town where he had been a deputy, yelling out and telling him to “Git off my land.”

Gathering his senses, Barney yelled back identifying himself and telling Ernest that it was actually his land and that he had the deed to prove it. Ernest replied that he didn’t care

BUSI 600 BUSI600 BUSI/600 Discussion Board 3 Week 5 Property

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BUSI 600 BUSI600 BUSI/600 Discussion Board 3 Week 5 Property

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