limited real right The servitude pertinent to this matter is a praedial servitude‚ relating to two pieces of land‚ adjacent to each other. A paedial servitude is established over the servient property (The Trust) for the benefit of the dominant property (UCT) in perpetuity. A right of way typically confers a real right to benefit from the property of another. It affords powers of use and enjoyment to someone other than the owner. Section 63(1) of the Deeds Registry Act tells us that limited real rights
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Peters‚ MO‚ Baile Properties is a real estate investing company that buys houses for cash. These property investors say if you’re looking to sell your property‚ it’s worth your while to understand what cash buyers have to offer. Here are a few useful facts regarding cash buyers: Diversity: There’s no single type of cash buyer. This segment includes institutional investors‚ baby boomers‚ empty nesters‚ and well-off families seeking vacation homes. This group also includes real estate companies
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Real estate has distinct momentum with demand finally beginning to catch up with offer and considerably fewer distressed properties pondering down the system. The Real estate in Calicut is on a boom. For good-credit consumers home costs and interest rates are quite low. The sellers can expect higher down payments and can realize that consumers have a tougher time qualifying for mortgages. Ensure that potential patrons are pre approved‚ which means that they’ve already had their credit and employment
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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
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Real property development is one of the emerging businesses in today’s world. Condominium property or multi storey buildings are an important feature of real property development (Siniti‚ 1990). The condominium property can be defined as a form of land ownership that combines private ownership of an individual unit in a multi-unit building with an undivided share of the common property in the building and a right to participate in the collective governance of the private and common property (Kowshala
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4) TRANSFER OF PROPERTY IN GOODS AS BETWEEN SELLER AND BUYER & RISK The property in the goods is defined to be transferred from the seller to the buyer when the latter acquires the proprietary rights over the goods and the obligations linked thereto. ’Property in Goods’ which means the ownership of goods‚ is different from possession of goods which means the physical custody or control of the goods. Otherwise ‚ a person may be in possession the goods passes to the buyer because of the consequences
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v Transport brakes limited and clearly explain how the principle has been modified by common law and statute. The principle Lord Denning was discussing in the case stated above relates to the sale of goods and is aimed at protecting individual property. It is common to find persons selling goods to which they hold no title at all and have no consent or authority from the owners. This occurs when either the goods being sold are stolen or have been gotten from the owner by deception. The buyer
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Although Intellectual property can be catorigized under many aspects‚ not every idea the mind can think is included. The legal definition of intellectual property often abbreviated IP is ideas‚ inventions‚ artistic works‚ songs‚ business processes etc. In general terms is any commercialily viable product created out of a persons mental processes. The Coca Cola company for example has legal ownership of several factories‚ bottling equipment‚ trucks for transporting their product and the actual ingredient
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INTRODUCTION- Offence against property finds a prominent place in the penal code‚ the basic elements common to the offences under this chapter is “Dishonestly”‚ which the code describes as the intention of causing “wrongful gain” to one person or “wrongful loss” to another but the manner in which dishonestly is exercised differs in different cases. 1 “Whoever does anything with the intention of causing wrongful gain to one person or wrongful loss or another person is said to do that thing “dishonestly”
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What Role Does Property Play In Locke’s Political Theory? In Locke’s political theory there is a large amount of emphasis put on property. Locke is using the word property to mean all that we can own: land‚ food‚ water‚ animals and so on. Therefore‚ it is mainly economics which Locke’s work on property is concerned with‚ and specifically the “labour theory of value” which provides the role of economic regulation in his political theory. Locke believes the Earth was given to all men equally
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