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In Hong Kong, there is a statutory definition of "encumbrance".In Conveyancing and Property Ordinance (Cap. 219) it reads: ""encumbrance" (產權負擔) includes a legal and equitable mortgage, a trust for securing money, a lien, a charge of a portion, annuity, or other capital or annual sum; and "encumbrancer" (產權負擔人) has a meaning corresponding with that of "encumbrance" and ...
The lot and block survey system is a method used in the United States and Canada to locate and identify land, particularly for lots in densely populated metropolitan areas, suburban areas and exurbs. It is sometimes referred to as the recorded plat survey system or the recorded map survey system. [1]
A suburban land use pattern in the United States (Colorado Springs, Colorado), showing a mix of residential streets and cul-de-sacs intersected by a four-lane road. Suburbanization (American English), also spelled suburbanisation (British English), is a population shift from historic core cities or rural areas into suburbs.
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. [1] A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title).
One mechanism for this is zoning by many suburban and exurban communities for very large minimum residential lot and building sizes in order to preserve home values by limiting the total supply of housing, which thereby excludes poorer people. This shifts the market toward more expensive homes than ordinarily might be built.
As of 2022, only 48% of renters owned any asset that might gain in value, such as retirement accounts, business equity, stocks and bonds, or other real estate not including their primary residence.
The term rural refers to life in the countryside or farm areas, essentially the opposite of urban, and usually located far from the nearest city center or metropolitan area. The word land is commonly defined as the solid part of the Earth’s surface not covered by water, often considered as property.