1. Finding the perfect location By: Name

2. Types of Property Real Property: land and any property attached directly to the land, including rights and interests Personal Property: property not affixed to real property, movable property

3. Acquisition of Real & Personal Property  Direct purchase with cash or loan  Lease or rent  Trade for other assets  As a bequest  As a donation

4. Ownership of Real & Personal Property  Joint tenancy - equal ownership with undivided shares  Tenants by entirety - a special type of joint ownership with rights of survivorship (usually between married couples)  Tenancy in common - joint ownership but with equal or unequal shares

5. Disposing of Real & Personal Property  Sell  Lease or rent  Trade  Donate  Bequeath  Foreclosure

6. Insurance Considerations Risks threatening business assets Risk reduction strategies Risk and Cost Reduction

7.  Natural disasters Weather – earthquake, floods, storm, etc. Insects – termites  Fire  Theft  Vandalism Risks threatening business assets

8. Risk reduction strategies  Strategically situating mobile office above the river flood plain  Use of liability waivers for clients  Use of contractual labor

9. Risk and Cost Reduction Reducing potential risk  Risk of flooding → moving mobile office  Risk of employee liabilities → hiring independent contractual employees  Risk of customer liability → using liability waivers Cost reduction  Eliminating / reducing risk → significantly lower costs of insurance policies

10. Location Recommendation Options:  Arizona: Salt River Canyon  Colorado: Arkansas River (Salida)  Utah: Moab Recommendation: Colorado

11. Reasons for Recommendation  Primary white water rafting destination in the US  Real property conditions ideal for a leased mobile business office Inexpensive & non-government managed property Not prone to flash floods Reduced flood insurance premium  In all else, similar legal and insurance concerns