Equitable property rights and Personal Rights. In distinguishing legal property right‚ equitable property right and personal right‚ the nature of the rights will be discussed. A legal property right‚ sometimes termed as legal title implies actual ownership of the property whereas equitable property right which is also known as equitable title refers to the actual enjoyment of the property. In the context of equity and trust‚ a person who owns legal title is known as the trustee whereas a person who
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Contract Article 1458. By the contract of sale one of the contracting parties obligates himself to transfer the ownership and to deliver a determinate thing‚ and the other to pay therefor a price certain in money or its equivalent. A contract of sale may be absolute or conditional. (1445a) Article 1459. The thing must be licit and the vendor must have a right to transfer the ownership thereof at the time it is delivered. (n) Article 1460. A thing is determinate when it is particularly designated
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PHILIPPINES TITLE V. — PRESCRIPTION Chapter 1 GENERAL PROVISIONS Article 1106. By prescription‚ one acquires ownership and other real rights through the lapse of time in the manner and under the conditions laid down by law. In the same way‚ rights and actions are lost by prescription. COMMENT: (1) Definition of Prescription Prescription is a mode of acquiring (or losing) ownership and other real rights thru the lapse of time in the manner and under the conditions laid down by law‚ namely
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remedies when ? on title. re old Sasines & new/now Land Register – neatly illustrated by Short’s Trustee’s case; Registers Problems with Sasines System (Set up in 1617). Identification Conditions of tenure Heritable Securities Proof of Ownership Previously (old/Sasines system) if there was a flaw in title could only be cured after 10 yrs of recording the disposition. In new land reg system any vulnerability in title is cured. As if The Keeper of the LR registers your disposition then you’re
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Title versus Possession - *V.Divya Scheme:- In the constantly changing society‚ the emergence of law has led to such a situation where the title of the property is coming in conflict with the possession. This modification in law is to protect the person in possession from being subjugated by the owner of the property (i.e.‚ title holder) by providing certain rights as well as duties imposed on both the title holder as well as the person in possession. In my project‚ I will
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Boards? A Closer Look at Diversity and Ownership Walid Ben-Amar‚ Claude Francoeur‚1 Taïeb Hafsi1 and Réal Labelle1 Telfer School of Management‚ University of Ottawa‚ 55 Laurier East‚ Ottawa‚ Ontario K1N 6N5‚ and 1 HEC Montreal‚ 3000 Côte-Sainte-Catherine Road‚ Montreal‚ Quebec H3T 2A7‚ Canada Email: benamar@telfer.uottawa.ca‚ claude.francoeur@hec.ca‚ taieb.2.hafsi@hec.ca‚ real.labelle@hec.ca This study investigates the joint effect of corporate ownership and board of directors’ diversity configurations
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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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Current Date {Address Block} RE: New Club Ownership Welcome to Calypso Vacation Club! You are embarking on an unequaled adventure in vacation club ownership with Calypso‚ the leader in vacation club ownership. With hundreds of resorts worldwide‚ and dozens of affiliate partners‚ Calypso offers the ultimate in vacation experiences. We are glad you chose to us! The following Quick Start Guide will get you started on your travel experiences. Of course‚ our Vacation Travel Assistants are available
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contract‚ requirements of writing and personal bar (formative written exercise) The main point of this scenario is whether Alana‚ the previous inhabitant of the home‚ and Edwina‚ the current inhabitant‚ had formed a contract whereby the right of ownership had been passed over to Edwina. After two days of Edwina living in the house she received a letter from Alana telling her they had not formed a contract and that she would have to leave the premises. Over the course of this essay Edwina’s position
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Working Paper 234 EMERGING PROPERTY REGIMES IN INDIA: WHAT IT HOLDS FOR THE FUTURE OF SOCIO-ECONOMIC RIGHTS? Sony Pellissery and Sattwick Dey Biswas The purpose of the Working Paper Series (WPS) is to provide an opportunity to IRMA faculty‚ visiting fellows‚ and students to sound out their ideas and research work before publication and to get feedback and comments from their peer group. Therefore‚ a working paper is to be considered as a pre-publication document of the Institute
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