Search results
Results from the WOW.Com Content Network
The Uniform Environmental Covenants Act (UECA) is one of the uniform acts drafted by the National Conference of Commissioners on Uniform State Laws, a non-profit, American unincorporated association. The act is intended to provide clear rules for perpetual real estate interests – an environmental covenant – to regulate the use of brownfield ...
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 real property law, the term real covenants means that conditions are tied to the ownership or use of land. A "covenant running with the land", meeting tests of wording and circumstances laid down in precedent, imposes duties or restrictions upon the use of that land regardless of the owner.
A warranty deed can include six traditional forms of covenants for title, [1] sometimes known as the English covenants of title. [2] Those six traditional forms of covenants can be broken down into two categories: present covenants and future covenants. Present covenants. Covenant of seisin: "A covenant of seisin or good right to convey." [1] [3]
However, new types of land ownership is generally disallowed, under the numerus clausus principle, unless they are introduced by legislation. [13] In most states, full ownership of land is known as fee simple, fee simple absolute, or fee. [14] Fee simple refers to a present interest in the land, which continues indefinitely into the future. [14]
A common problem occurs when the homeowner dies; if the surviving resident does not meet the requirements for ownership, then he or she is forced to sell the home. This can happen even if the survivor is the spouse of the deceased. However, many age-restricted communities have circumvented this issue by allowing the survivor to maintain ...
The ban on industry reduced the company's land value from $10,000 down to $2,500 per acre and undermined the company's right to govern its own property. [8] Court officials, however, sided with the village and upheld the ordinance on the basis that it was a just and reasonable delegation of the state's police power.
The Land Trust of Virginia (LTV) was originally formed in 1991 as the first statewide nonprofit land trust in the Commonwealth of Virginia.LTV uses a legal tool called a conservation easement to help landowners voluntarily protect scenic, historic or environmentally sensitive lands while keeping the land in private ownership and open for compatible uses, including forestry, farming, recreation ...