Leasehold and freehold‚ forms of property ownership Owning a property is a cherished dream for most Zimbabweans. The property purchase process which involves selecting the right location‚ the right property and the right price also involves a critical aspect of selecting the appropriate ownership structure. Property can be owned primarily in two forms‚ leasehold and freehold with several other derivations from these two ownership structures. The main difference between these primary ownership
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This assignment will discuss some of the interests which can exist in land‚ and how they can affect a third party who wishes to purchase the property. By considering the creation of such interests‚ it can be assessed how they are protected against third parties in the registered system and then consider how the protection differs in the unregistered system. Richard has entered into a written agreement to purchase a freehold estate from Vanessa. He has been informed about the interests relating to
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If all resources and the land from which they are extrapolated from are a common property of mankind‚ how does one obtain private property? This is a question that John Locke‚ a highly influential philosopher theorized about. Locke’s stance on property seems relatively simple‚ every man has the right to their own labor. The labor put into a commodity or enclosure that originally resides on common ground makes it their own. According to Locke‚ nature should be used productively because God wanted
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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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regarding one’s right to ownership of land and property has been an issue much discussed‚ debated and responsible in creating a stir of conflict in the attempt to find a conclusive answer on subject. In John Locke’s Second Treatise on Civil Government‚ published in 1690‚ Locke addresses the matter in question in the fifth chapter titled: ‘Of Property’. In his work‚ Locke builds an argument that displays how an individual obtains an ownership of property by means of labor. Locke is able to justify his
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VANDALISM DEFINITION *Vandalism is damage to public property by the unscrupulous.Mostly this act committed by teenagers who are influenced by culture ’punk’ and ’rock’ West darts. Vandalism can also be defined as ruthless estruction or spoiling of anything beautiful or venerable.[1] The term also includes criminal damage such as graffiti and defacement directed towards any property without permission of the owner. THE FACTORS OF VANDALISM *There are many factors that lead to vandalism
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Process Design Matrix and Summary Design Andreameda Pollock OPS/571 July 15‚ 2014 Professor Mark Bolotte Executive Summary- Services Hair Studio Salons was founded in 2014 and is created so that salon professional can become independent owner. Hair Studio would assist these professional to become their own boss with the hassles of traditional salon ownership. Hair Studio Salons like to have its location in high end areas like downtown area. Hair Studio will provide
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THE TRANSFER OF PROPERTY ACT‚ 1882 PERSONS COMPETENT TO TRANSFER (Section-7 ) Submitted by: Ananya mohapatra BBA-LLB (A) 5th Semester 1082015 PERSONS COMPETENT TO TRANSFER (Section-7) Every person competent to contract and entitled to transferable property‚ or authorized to dispose of transferable property not his own‚ is competent to transfer such property either wholly or in part‚ and either absolutely or conditionally‚ in the circumstances‚ to the extent and in the manner‚ allowed
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Firstly it must be decided whether Shehan has bought Locke House subject to any interests with protected priority as set out in the Land Registration Act 2002 s.29 covering registered charges‚ interests protected by notice or those which override the purchaser interests. 12 When dealing with interests protected by notice Shehan as the buyer should have checked the register prior to the completion of the sale and inspected the land for any evidence of overriding interests. Should there have been
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the most valuable assets as they compose the intellectual property of the business. Companies do not always recognize correctly the intellectual property they possess and as a consequence they cannot benefit from what they have. That is why it is of crucial importance to identify what the intellectual property is; and to know how to protect the exclusive right of the inventor from all the possible infringements. Intellectual property law guards the originators in titling them with trademarks‚ copyrights
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