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The grant of conservation easement, as with any real property interest, is part of the chain of title for the property and is normally recorded in local land records. The conservation easement's purposes will vary depending on the character of the particular property, the goals of the land trust or government unit, and the needs of the landowners.
Explore additional tax credits. Maryland offers several programs that may help offset property tax increases, including the Homestead Tax Credit, for low-income property owners, and the Renter's ...
In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1] A title search is also performed when an owner ...
In addition, take a peek at your property survey because, typically, if there’s an easement on it, it’ll show up there. In the aforementioned situation, Salahutdin couldn’t have done ...
An easement owner, as the owner of incorporeal property, can take legal action regarding their property in their own name, whereas a licence holder has no standing of their own to take legal action regarding the property against any other party (other than the landowner) and must have the landowner take action or take action in the landowner's ...
The holder can typically freely sell or otherwise transfer that interest or use it to secure a mortgage loan. This picture of "complete ownership" is, of course, complicated by the obligation in most places to pay a property tax and by the fact that if the land is mortgaged, there will be a claim on it in the form of a lien. In modern societies ...
Examples are those getting the property as a gift and heirs. Also, those who purchase ownership interests in the owners of the property, such as shares of stock in a corporation owning the land, have not purchased an interest in the property itself and so are unprotected. Also, recording laws generally do not protect purchasers against real ...
If the landowner owns everything beneath the ground on his property, he may convey to another party the rights to mineral deposits under the land and other things requiring excavation, such as easements for buried conduits or for water wells. However, such a conveyance requires the recipient to prevent any damage to the surface of the land ...