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Lenders will insist on a warranty deed. Any liens or other encumbrances on the title to the real estate should be mentioned up front in the real estate contract, so the presence of these deficiencies would not be a reason for voiding the contract at or before the closing. If the liens are not cleared before by the time of the closing, then the ...
As a lease is a legal estate, leasehold estate can be bought and sold on the open market. A leasehold thus differs from a freehold or fee simple where the ownership of a property is purchased outright and after that held for an indeterminate length of time, and also differs from a tenancy where a property is let (rented) periodically such as ...
In this way, all individuals except the monarch did hold the land "of" someone else because legal ownership was with the (superior) monarch, also known as overlord or suzerain. [2] [3] Historically, it was usual for there to be reciprocal duties and rights between lord and tenant. There were different kinds of tenure to fit various kinds of need.
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There are two main views on the right to property in the United States, the traditional view and the bundle of rights view. [6] The traditionalists believe that there is a core, inherent meaning in the concept of property, while the bundle of rights view states that the property owner only has bundle of permissible uses over the property. [1]
Stivers said there are less people in Ohio than in the past and there’s a demographic cliff coming in a few years that could drop the number of high school seniors by about 20%, which is going ...
Private property is an important source of individual autonomy, giving individuals independence and identity distinct from others. Private property, being dispersed, allows individuals to exercise freedom, against others or against the government. Arguments in favor of limiting private property rights have also been raised: [4] [1]
The Dispatch’s data analysis shows a wide variation in homeownership among Ohio’s largest foreign-born groups, with the highest rate among people born in Vietnam (over 80%) and the lowest ...