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In Hong Kong, there is a statutory definition of "encumbrance".In Conveyancing and Property Ordinance (Cap. 219) it reads: ""encumbrance" (產權負擔) includes a legal and equitable mortgage, a trust for securing money, a lien, a charge of a portion, annuity, or other capital or annual sum; and "encumbrancer" (產權負擔人) has a meaning corresponding with that of "encumbrance" and ...
§ 873.1 of the German Civil Code stipulates that the transfer of ownership of a plot of land, the encumbrance of a plot of land with a right and the transfer or encumbrance of such a right requires registration in the Land Register (Grundbuch). Except for the cases explicitly provided for by law, the respective agreement becomes binding only ...
Karnataka (/ k ər ˈ n ɑː t ə k ə / kər-NAH-tə-kə; ISO: Karnāṭaka, Kannada: [kɐɾˈnaːʈɐkɐ]) is a state in the southwestern region of India. It was formed as Mysore State on 1 November 1956, with the passage of the States Reorganisation Act, and renamed Karnataka in 1973.
In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. [1] A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title).
Karnataka was the first state in the country to enact the Panchayat Raj Act, incorporating all provisions of the 73rd Amendment to the Constitution. In 2014, Karnataka State Grama Panchayats Delimitation Committee was constituted by the government of Karnataka, with Chairman S G Nanjaiahna Mutt and 6 members.
Local government in Karnataka is the third tier constituting the three-tier administration set-up in the Indian state of Karnataka. It is a system of local government which forms the last level from the Centre .
Karnataka is the tenth state to incorporate an act under Right to Public Services legislation. The Sakala program is backed by a comprehensive information technology network, developed by the National Informatics Centre (NIC) to provide solutions and services and to monitor the services.
Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) is a central online security interest registry of India.It was primarily created to check frauds in lending against equitable mortgages, in which people would take multiple loans on the same asset from different banks.