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The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. ... An easement is a legal arrangement designating land for a specific use, and it isn’t ...
This means that the landowner will sell fee simple interest to the land trust or will just give the land they own to an organization. Landowners may also sell or donate a conservation easement to a land trust. [citation needed] A landowner that donates a conservation easement to a land trust gives up some of the rights associated with the land.
Conservation easement boundary sign. In the United States, a conservation easement (also called conservation covenant, conservation restriction or conservation servitude) is a power invested in a qualified land conservation organization called a "land trust", or a governmental (municipal, county, state or federal) entity to constrain, as to a specified land area, the exercise of rights ...
In general, a property owner has the right to recover possession of their property from unauthorised possessors through legal action such as ejectment.However, many legal systems courts recognize that once someone has occupied property without permission for a significant period of time without the property owner exercising their right to recover their property, not only is the original owner ...
The US Census has provided data for trust lands since the 1980 Census. Under the Indian Gaming Regulatory Act, tribes can purchase off-reservation land and have it placed in trust in order to operate casinos on the land. [2] For example, in 2015 the Spokane tribe won Bureau of Indian Affairs approval for an off-reservation casino. In 2008, the ...
Unless a defeasible estate is clearly intended, modern courts will construe the language against this type of estate. Three types of defeasible estates are the fee simple determinable, the fee simple subject to an executory limitation or interest, and the fee simple subject to a condition subsequent. A life estate may also be defeasible.
MEXICO CITY (Reuters) -Mexico's lower house of Congress approved on Wednesday a measure to abolish most of the autonomous bodies that regulate some economic sectors and ensure government ...