Rosita Chingkoe (Petitioner) vs. Spouses Faustino Chingkoe and Gloria Chingkoe (Respondents) G.R. No. 185518 April 17‚ 2013 Facts: Respondents are registered owners of real property. They permitted petitioners to inhabit the subject property. Through the intercession of their mother‚ Faustino agreed to sell his property to Felix‚ on condition that the title shall be delivered only after payment of the full purchase price. They agreed that the incomplete and unnotarized Deed of Sale would only
Free Property Property law Real estate
When property is taken to represent a bundle of rights at the common law‚ then the right to exclude others from the benefits of a property is the leading right of the property owner.[1] This is because only excludable resources can be propertised or have ‘property status’. That is‚ without an excludable nature‚ resources cannot be legally regarded as property.[2] Thus‚ it can be held that property ‘consists primarily in control over access’.[3] As a dynamic concept‚ the scope and nature of
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RECOVERING POSSESSION OF PROPERTY Recovery of specific immovable property.-A person entitled to the possession of specific immovable property may recover it in the manner provided by the Code of Civil Procedure‚ 1908 (5 of 1908). Suit by person dispossessed of immovable property.-(1) If any person is dispossessed without his consent of immovable property otherwise than in due course of law‚ he or any person claiming through him may‚ by suit‚ recover possession thereof‚ notwithstanding any other
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attached. The property was bought for R750 000 and was registered on our name 26 November 2013. 6.2. The 1481 Breyer Avenue property was brought for R 1 450 000‚ and was registered in October 2012 in the taxpayer’s names. A deed search can be obtained to verify the above. 6.3. The full amount of the bond was utilised for the acquisition of both properties. 6.4. No‚ the bonds was not increased subsequent to the purchase of the Limpopo property. 6.5. Steps taken to transfer the properties into profitable
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Topic 1：Property Right Approach After skimming through the abstract and conclusion points of the listed material for the first topic The Property Rights Approach‚ I chose the famous book Firms‚ Contracts‚ and Financial Structure for further study. This book provides a framework for thinking about economic relationships and institutions such as firms. The basic argument is that in a world of incomplete contracts‚ institutional arrangements are designed to allocate power among agents. It points out
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Project Title: Bring Unity in Response to Anti-vandalism (BURA) Project Description Vandalism is defined as a willful or malicious destruction or defacement of the things of beauty or of public or private property. It is considered as a major offense as provided by the Notre Dame of Midsayap College (NDMC handbook‚ but campaign against it is not strongly implemented. Vandalism is often caused by ideological‚ vindictive and malicious reasons. Boredom and exam charters contributes to the problem
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Property‚ whether personal or private‚ is thought of and looked at differently with different point of views. John Locke (1632 – 1704) and Karl Marx (1818 – 1883) had very strong and also very diverse views of property and its importance in the human society. John Locke saw private property as the basis of freedom and liberty. Locke believed that people were born free‚ equal and were born with three rights that were natural and God-given; these rights were life‚ liberty‚ and property. Locke
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IMMOVABLE PROPERTY CONDITION REPORT Disclaimer This condition report concerns the immovable property situated at [furnish both deeds office and physical descriptions of the property concerned] (“the property”). This report does not constitute a guarantee and/or warranty of any kind or nature by the owner of the property or by the property practitioners representing that owner in any transaction. This report should‚ therefore‚ not be regarded as a substitute for any inspections or warranties
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The economic concept of private property refers to the rights owners have to the exclusive use and disposal of a physical object. Property is not a table‚ a chair‚ or an acre of land. It is the bundle of rights which the owner is entitled to employ those objects. The alternative (collectivist) view is that private property consists merely of a legal deed to an object with the use and disposal of the object subject to the whims and mercies of the state. Under this latter view‚ the state retains ownership
Free Property Property law
Property and the Concept of ‘Stridhana’ As mentioned earlier there were two schools of law namely Mitakshara school and Dayabhaga school. In both the schools women’s property rights were restricted. Under Mitakshara law male were coparcenaries ie‚ the owners of land. They got this right by birth and not by succession. But the main characteristic of this property was the inalienability. A person who possessed that property cannot dispose it by sale‚ gift or by will. Ownership was just a notion. The
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