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However, if TIC property is sold or subdivided, in some States, Provinces, etc., a credit can be automatically made for unequal contributions to the purchase price (unlike a partition of a JTWROS deed). Real property may be owned jointly with several tenants, through devices such as the condominium, housing cooperative, and building cooperative.
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Property Law in Namibia (2nd ed.). Pretoria University Law Press. ISBN 978-1-991213-19-8. OCLC 1429904028. Amoo, Samuel K.; Harring, Sidney L. (18 November 2010). "Intellectual property under the Namibian Constitution" (PDF). Constitutional Democracy in Namibia - A Critical Analysis After Two Decades. Konrad Adenauer Foundation. ISBN 978-99916 ...
Inalienable possessions (or immovable property) are things such as land or objects that are symbolically identified with the groups that own them and so cannot be permanently severed from them. Landed estates in the Middle Ages, for example, had to remain intact and even if sold, they could be reclaimed by blood kin. As a legal classification ...
The Interpretation of the Act, says "Immovable property does not include standing timber, growing crops or grass". Section 3(26), The General Clauses Act, 1897, defines, " immovable property" shall include land, benefits to arise out of the land, and things attached to the earth, or permanently fastened to anything attached to the earth.
The division of property into real and personal represents the division into immovable and movable incidentally recognized in Roman law and generally adopted since. "Things personal", according to Blackstone, "are goods, money, and all other movables which may attend the owner's person wherever he thinks proper to go" (Comm. ii. 16).
There are two main views on the right to property in the United States, the traditional view and the bundle of rights view. [6] The traditionalists believe that there is a core, inherent meaning in the concept of property, while the bundle of rights view states that the property owner only has bundle of permissible uses over the property. [1]
It cannot be property belonging to the security holder, because, by definition, one cannot have a limited real right in one’s own property. It may be movable or immovable; it may be a single thing (res singula) or an aggregate of things (universitas rerum); it may even be incorporeal, as with a servitude. The secured party must be the owner ...