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Property law orders or prioritises rights and classifies property as either real and tangible, such as land, or intangible, such as the right of an author to their literary works or personal but tangible, such as a book or a pencil. The scope of what constitutes a thing capable of being classified as property and when an individual or body ...
Property legislation in all states is grounded upon the Torrens principle of registration of title. [1] This posits that each state has a central register of all land in the state and that the register also shows the 'owner' of the land. This system was devised to reduce the amount of fraud relating to land due to the falsification of title deeds.
Home ownership in Australia is considered a key cultural icon, [1] and part of the Australian tradition known as the Great Australian Dream of "owning a detached house on a fenced block of land." [ 1 ] [ 2 ] Home ownership has been seen as creating a responsible citizenry; according to a former Premier of Victoria : [ who?
Taxing privately owned land to fund local governments is a concept that can be traced back to at least 6,000 years B.C., according to the International Association of Assessing Officers. In ...
Moreover, it operates at any time the Commonwealth makes a compulsory acquisition of property. As such, it is a contingent guarantee rather than a general constitutional right or freedom to enjoy property rights. The Commonwealth may only acquire property on just terms for a "purpose in respect of which the Parliament has power to make laws".
Victoria Park Racing & Recreation Grounds Co Ltd v Taylor, [1] commonly referred as the Victoria Park Racing case, is a leading case of the High Court of Australia on determining whether property rights exist, and protecting claims in property for the purposes of tort law.
Pro: Low Property Taxes Equal Low Monthly Housing Payments. In New Jersey, where residents are saddled with the highest property taxes in America year after year, real estate taxes average 2.26% ...
In South Australia, the act was substantially revised in 1886, and this version remains in force in South Australia. The Real Property Act 1886, updated 3 October 2019, has a long title "An Act to consolidate and amend the Real Property Act 1861, the Real Property Act Amendment Act 1878 and the Rights-of-Way Act 1881, and for other purposes".