Search results
Results from the WOW.Com Content Network
A Ph.D. Land Economist writing about private transfer fees observed that this contention seems "illogical" [35] since market theory says, [36] and legislative analysis concurs, [37] and common sense suggests, that an informed buyer will not pay the same for land encumbered by a private transfer fee as they would for the same land without a ...
Land registration is governed by the Land Transfer Act 1952. [25] The Deeds system was introduced in 1841 [26] [27] and the Torrens system in 1870. [28] Both methods ran in parallel until 1924 when registration under the Land Transfer Act (Torrens system) became compulsory and a project to issue titles for all property was instituted. [29]
Torrens title is a land registration and land transfer system in which a state creates and maintains a register of land holdings, which serves as the conclusive evidence (termed "indefeasibility") of title of the person recorded on the register as the proprietor (owner), and of all other interests recorded on the register.
In a narrow legal sense, a transfer tax is essentially a transaction fee imposed on the transfer of title to property from one entity to another. This kind of tax is typically imposed where there is a legal requirement for registration of the transfer, such as transfers of real estate , shares , or bond .
In property law, alienation is the voluntary act of an owner of some property to convey or transfer the property to another. [1] Alienability is the quality of being alienable, i.e., the capacity for a piece of property or a property right to be sold or otherwise transferred from one party to another.
This page was last edited on 31 December 2019, at 05:23 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
There are five Jamaican Free Zones: Kingston Free Zone (KFZ) in Kingston was established in 1976 on land adjacent to the Kingston Container Terminal. It was the first free zone established in Jamaica. The 180,000 square metres (1,900,000 sq ft) site contains 72,835 square metres (783,990 sq ft) of factory space. [citation needed]
Jamaica is an upper-middle-income country [14] with an economy heavily dependent on tourism; it has an average of 4.3 million tourists a year. [19] Jamaica is a parliamentary constitutional monarchy, with power vested in the bicameral Parliament of Jamaica, consisting of an appointed Senate and a directly elected House of Representatives. [8]