constructed on the land‚ while real property refers to the ownership rights associated with the real estate. b. What is meant by an estate? Why are estates important in real estate finance? Estate is used to denote a possessory or potentially possessory interest in real estate. However‚ not all interests in real property are estates. Ownership can be quite different from possession and a variety of legal factors affect the ownership rights associated with real estate. The economic benefits
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1) Coronel vs. CA ( 263 SCRA 15) ROMULO A. CORONEL‚ ALARICO A. CORONEL‚ ANNETTE A. CORONEL‚ ANNABELLE C. GONZALES (for herself and on behalf of Floraida C. Tupper‚ as attorney-in-fact)‚ CIELITO A. CORONEL‚ FLORAIDA A. ALMONTE‚ and CATALINA BALAIS MABANAG‚ petitioners‚ vs. THE COURT OF APPEALS‚ CONCEPCION D. ALCARAZ and RAMONA PATRICIA ALCARAZ‚ assisted by GLORIA F. NOEL as attorney-in-fact‚ respondents. The petition before us has its roots in a complaint for specific performance to compel herein
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MACAPAGAL versus REMORIN * When Corazon‚ the owner of the lots in dispute‚ was in Thailand‚ her stepmother Purificacion executed an affidavit of loss alleging that the TCT could no longer be found so that the new TCTs were issued under her name. * The stepmother sold it to Catalina who later mortgaged the lots for 200‚000 pesos. * When Corazon learned of the foregoing‚ she filed a complaint for reconveyance and damages but she later on agreed on outside court Compromise Agreement. Their
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better title than the seller had when the goods are sold by a person who is not the owner and sells the goods without authority or consent of the owner in s. 27 of SGA 1957. In short‚ it can be said as no one can sell the goods and transfer the ownership of the goods to other unless he is the owner. This rule is further enshrined in the maxim ‘Nemo Dat Quod Non Habet’. It is a Latin phrase meaning that no one can transfer a better title to the buyer of the goods than he himself has or in other word
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a few unknown ones. Sixty percent of the Central Mexicans were wiped out with one epidemic of Typhus. The destruction of the Aztec culture and tradition was inevitable once the Spanish had arrived. Most of the languages were lost‚ and the land ownership system had been changed. Despite the losses‚ there were some things that didn’t change. The Spanish left the peasants alone‚ but they were the carriers of the Mesoamerican culture‚ which obviously stayed. Another thing that changed was the building
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DEED OF SALE UNDER PACTO DE RETRO (Sample with Power of Attorney) KNOW ALL MEN BY THESE PRESENTS: This DEED OF SALE WITH PACTO DE RETRO made and executed between : (Full name of Vendor) ‚ Filipino‚ of legal age‚ single (or married to ______________ ) with residence and post office address at ________ hereinafter called the VENDOR‚ and (Full name of vendee) ‚ Filipino‚ of legal age‚ single (or married to ______________) with residence and post
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resentful at the present state and ceased working all together. And by spring of 1623‚ the colonists were beginning to starve. Seeing this‚ the Governor brought an end to the “Common Course and Condition‚” and thus began a system of private property ownership. In Bradford’s notes for Of Plymouth Plantation‚ he draws the parallel between the Pilgrim’s communal system of property rights and those espoused by Plato in his Republic. “The experience that was had in this common course and condition…may
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well as after a trademark has registered‚ the owner of a trademark may change for various reasons. Some trademark owners transfer their ownership of a mark to another entity‚ which is called an assignment. In addition‚ some trademark owners change their names while retaining ownership. In both instances‚ the USPTO advises trademark owners to record the ownership transfer (assignment) or (name change) with the Assignment Recordation Branch of the USPTO. [Note: An applicant cannot assign an intent
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Distributors A company can use agents and distributors as a strategy of entering an international market. Organizations contract agents to market their products on their behalf in foreign countries (Friesner 2014). Therefore‚ agents do not have the real ownership of products but they are entitled to a commission on the goods that they have sold. Distributors are also similar to agents (Friesner 2014). However‚ the main
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profits while adhering to law and ethics. Primarily‚ this argumentation is based on the notion that corporations‚ as legal persons‚ cannot have responsibilities like natural persons. Secondary‚ Friedman’s argumentation is based on the principle of ownership and employment. By not complying with the duty of serving the owners’ interest (maximum profit)‚ a manager would allocate resources artificially and arbitrarily. This spending would be unjust and probably non-Pareto-optimal‚ because it is not democratically
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