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A partition is a term used in the law of real property to describe an act, by a court order or otherwise, to divide up a concurrent estate into separate portions representing the proportionate interests of the owners of property. [1]
Alaskan halibut often weigh over 100 pounds (45 kg). Specimens under 20 pounds (9.1 kg) are often thrown back when caught. With a land area of 586,412 square miles (1,518,800 km 2), not counting the Aleutian islands, Alaska is one-fifth the size of lower 48 states, and as Ken Schultz [4] notes in his chapter on Alaska [5] "Alaska is a bounty of more than 3,000 rivers, more than 3 million lakes ...
Partition by sale is a court remedy used when a parcel of land cannot be physically divided, and the proceeds for the sale are distributed proportionally among the cotenants. [7] Cotenants can request another remedy, partition in kind, which would split the property into parcels proportionate to the shares each cotenant has. [ 3 ]
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As of 2014, the Restatement's failure to address basic doctrines like adverse possession and real estate transfers had never been corrected over 75 years, three Restatements series, and 17 volumes. [2] In the 1970s, the Uniform Law Commission's project to standardize state real property law was a spectacular failure. [3] [4] [5]
A profit (short for profit-à-prendre in Middle French for "advantage or benefit for the taking"), in the law of real property, is a nonpossessory interest in land similar to the better-known easement, which gives the holder the right to take natural resources such as petroleum, minerals, timber, and wild game from the land of another. [1]
The Alaskan subspecies of moose (Alces alces gigas) is the largest in the world; adult males weigh 1,200 to 1,600 pounds (542–725 kg), and adult females weigh 800 to 1,300 pounds (364–591 kg) [17] Alaska's substantial moose population is controlled by predators such as bears and wolves, which prey mainly on vulnerable calves, as well as by ...
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...