storage of natural gas) Mineral interest – fee simple ownership of OG under tract; separate estate Exclusive right to search for‚ develop‚ and produce oil and gas from the property. Implied easement to use the surface in such ways and to such an extent as is reasonably necessary to obtain the minerals under the property Mineral interest owner has executive RIGHT to: a. Grant leases b. Bonus - payments made to induce the signing of the lease c. Delay rentals – payments for maintaining
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2.2.3 Purposes of Real Property Valuation There are five elements of property value: Production: productivity is the way of enhancing or hindering capacity for valuation Utility: Utility is the ability to arouse desire for its possession or use. Scarcity: The object must be relatively scarce to satisfy the demand. Demand: There must be a need and ability to purchase. Transferability: It must be possible to transfer good title with ease (Donald A. Corb‚ JD and Richard A. Giovangelo‚ 2013-14)
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solutions manual Michael A. Dalton Thomas P. Langdon ME-Estates 5th INT 1P.indd 4 1/21/09 11:00:52 AM 1000 Riverbend Blvd. Suite A St. Rose‚ LA 70087 888-295-6023 Copyright© 2009 by ME. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means‚ electronic or mechanical‚ including photocopy‚ recording‚ or any other information storage and retrieval system‚ without prior permission in writing from the publisher. Requests for
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the steps that I would take to enforce the judgment against Doris McFarland: 1. I would prepare a demand letter for signature by the Attorney and send it to McFarland. 2. I would prepare an abstract of judgment to place a lien against any real property owned by McFarland.
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forcastiquinella‚ trifecta) | 5% | * Insurance Premiums (except purely cooperative companies/org) doing life business in Phils. * Nonlife insurance (direct purchase by property owner) | 5% | * GR Tax on Banks‚ on interests‚ commissions and discounts with maturity period of 5 years or less | 7% | * Royalties‚ rentals of property‚ real or personal profit from exchange * On net trading gains within the taxable year on foreign currency‚ debt securities‚ derivatives and other similar fin. Instruments
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Basic Algebraic Properties of Real Numbers The numbers used to measure real-world quantities such as length‚ area‚ volume‚ speed‚ electrical charges‚ probability of rain‚ room temperature‚ gross national products‚ growth rates‚ and so forth‚ are called real numbers. They include such number as ‚ ‚ ‚ ‚ ‚ ‚ ‚ and . The basic algebraic properties of the real numbers can be expressed in terms of the two fundamental operations of addition and multiplication. Basic Algebraic
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GENERAL & COMMERCIAL LAWS REGISTRATION ACT 1908 The Registration Act‚ 1908 1. INTRODUCTION In Order to give notice to the world that a document has been registered to serve as a source of information as well prevent fraud and forgery‚ there is provision for registration of documents and not a transaction. 2. REGISTRATION OF DOCUMENTS Documents which registration is Compulsory [ Sec. 17 ] Sec. 17 (1) enumerates 6 types of documents which require compulsory registration. 1. Instruments
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2 © Government of Kerala tIcf k¿°m¿ 2012 Reg. No. cPn. \º¿ KL/TV(N)/12/12-14 2. Definitions.— (1) In these rules‚ unless the context otherwise requires‚— (a) “Act” means the Chit Funds Act‚ 1982 (Central Act 40 of 1982); (b) “Appendix” means Appendix I or as the case may be Appendix II to these rules; (c) “Assistant Registrar’’ means an Assistant Registrar of Chits appointed under section 61 of the Act; (d) “authorised agent” means a person duly authorised by a power of attorney executed and
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history of its own. There are references to it even in the “Arthashastra’ of Kautilya. As stated in “Arthashastra”‚ the king was the sole proprietor of the land. According to other scriptures‚ the tiller of the land was practically regarded as the real owner of the land. The king only had the power to increase or decrease the land tax. The ancient system of land tax continued even during the Muslim rule with some modifications here and there. In the 16th century‚ Sher Shah Suri initiated land settlement
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Intellectual Property Laws of India James Thanickan When India became a Republic in 1950‚ India had Intellectual Property legislations on copyrights‚ patents‚ designs and trade marks. These were mostly adaptations of the laws of Great Britain in each area and were of general international norms. Subsequently‚ India modified the Intellectual Property legislations to make them meet national needs and requirements. Pursuant to the country’s joining the World Trade Organisation‚ India either modified
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