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An ejido (Spanish pronunciation:, from Latin exitum) is an area of communal land used for agriculture in which community members have usufruct rights rather than ownership rights to land, which in Mexico is held by the Mexican state.
In many usufructuary property systems, such as the traditional ejido system in Mexico, individuals or groups may only acquire the usufruct of the property, not legal ownership. [5] A usufruct is directly equatable to a common-law life estate except that a usufruct can be granted for a term shorter than the holder's lifetime.
Across the nation, more than $20 billion is waiting to be reclaimed by citizens who may not even know they may be owed cash from "unclaimed property," which can include uncashed paychecks, refunds ...
The second major exodus took place after the Mexican government began to redistribute large tracts of private property as communal land. The ejido system was presented as an important component of land reform in Mexico. In 1937, the government reapportioned 2,920 hectares (7,200 acres) adjoining the Molokan colony to 58 ejidatários. This ...
For nine years in the late 19th century, Molina Enríquez was a notary in Mexico State, where he observed first-hand how the legal system in Porfirian Mexico was slanted in favor of large estate owners, as he dealt with large estate owners (hacendados), small holders (rancheros), and peasants who were buying, transferring, or titling land. [73]
The unclaimed property system in your state is prepared to return your share. Arizona just returned a whopping $88M to Americans who forgot they had money — here’s how to claim the missing ...
The South Carolina unclaimed property fund has grown to almost $1 billion. Here’s how to check if any of it belongs to you.
Ejidos are governed by a president of the ejido commission, a secretary, a treasurer, and a president of the oversight council ( consejo de vigilancia ). Comunidades have a governor ( gobernador ), a vice governor ( segundo gobernador ), auxiliary secretary ( seer exario auxiliar ), and a police commissioner ( comisario de policía ).