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The act is intended to provide clear rules for perpetual real estate interests – an environmental covenant – to regulate the use of brownfield land when real estate is transferred from one owner to another. The Uniform Law Commissioners completed the proposed act in 2003. Several states have adopted the Act.
As of 2014, the Restatement's failure to address basic doctrines like adverse possession and real estate transfers had never been corrected over 75 years, three Restatements series, and 17 volumes. [2] In the 1970s, the Uniform Law Commission's project to standardize state real property law was a spectacular failure. [3] [4] [5]
Each U.S. state has a recording act, a statute which dictates the legal procedure by which an individual claiming an interest in real property (real estate) formally establishes their claim to that property. The recordation of property rights becomes particularly significant where an unscrupulous dealer in land purports to sell the same tract ...
—247B: Assessed valuation of real property in Ohio in 2017. —1939: Year the Ohio Revised Code required millage expressed in a dollar amount related to $100 of property valuation. —229: Pages ...
The Ohio Revised Code (ORC) contains all current statutes of the Ohio General Assembly of a permanent and general nature, consolidated into provisions, titles, chapters and sections. [1] However, the only official publication of the enactments of the General Assembly is the Laws of Ohio; the Ohio Revised Code is only a reference. [2]
Ambler Realty owned 68 acres (0.28 km 2) of land in the village of Euclid, Ohio, a suburb of the industrial city of Cleveland.In an attempt to prevent Cleveland from subsuming the village and the growth of industry which might change its character, Euclid developed a zoning ordinance based upon six classes of use, three classes of height and four classes of area.
The Association of Real Estate License Law Officials (ARELLO), founded in 1930 in Canada, supports regulatory agencies in the administration and enforcement of real estate license (or registration) laws in their respective jurisdictions. Among its positions, the organization encourages licensure and education recognition between jurisdictions.
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