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Mangan founded what he called the Nation of Celestial Space and registered it with the Cook County, Illinois, Recorder of Deeds and Titles on 1 January 1949. [22] Robert R. Coles, former chairman of New York's Hayden Planetarium, started "the interplanetary Development Corporation" [23] and sold lots on the Moon for one dollar per acre ($2.50 ...
Cujus est solum, ejus est usque ad coelum, is the maxim of the law, upwards; therefore no man may erect any building, or the like, to overhang another's land: and, downwards, whatever is in a direct line between the surface of any land, and the center of the earth, belongs to the owner of the surface; as is every day's experience in the mining ...
However, new types of land ownership is generally disallowed, under the numerus clausus principle, unless they are introduced by legislation. [13] In most states, full ownership of land is known as fee simple, fee simple absolute, or fee. [14] Fee simple refers to a present interest in the land, which continues indefinitely into the future. [14]
The right to property, or the right to own property (cf. ownership), is often [how often?] classified as a human right for natural persons regarding their possessions.A general recognition of a right to private property is found [citation needed] more rarely and is typically heavily constrained insofar as property is owned by legal persons (i.e. corporations) and where it is used for ...
A title, or a right of ownership, establishes the relation between the property and other persons, assuring the owner the right to dispose of the property as the owner sees fit. [ citation needed ] The unqualified term "property" is often used to refer specifically to real property.
Real estate mogul and owner of the Los Angeles Rams Stan Kroenke owns 1.6 million acres of land in the United States, including a 124,000-acre ranch in Montana and additional land in Wyoming.
[8] Nevertheless, "because the United States is a legal title holder, the federal government is a necessary part in all leases and dispositions of resources including trust land. For example, the secretary of the interior must approve any contract for payment or grant by an Indian tribe for services for the tribe 'relative to their lands' (25 U ...
The former is defined as the means of production about private ownership over an economic enterprise based on socialized production and wage labor whereas the latter is defined as consumer goods or goods produced by an individual. [17] [18] Prior to the 18th century, private property usually referred to land ownership.