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Hawaii Housing Authority v. Midkiff, 467 U.S. 229 (1984), was a case in which the United States Supreme Court held that a state could use eminent domain to take land that was overwhelmingly concentrated in the hands of private landowners and redistribute it to the wider population of private residents.
Highest and best use (or highest or best use; HBU) is a concept in real estate appraisal that originated with early economists such as Irving Fisher, who conceptualized the idea of maximum productivity.
The principal difference is that the recording system does not determine who owns the title or interest involved, which is ultimately established through litigation in the courts. The system provides a framework for determining who the law will protect in relation to those titles and interests when a dispute arises.
“The cost of a duplex is not twice the cost of a single unit and the cost of a triplex is not triple the cost of a single unit,” Moss said. “It could be a big net win for a potential buyer.”
The company announced it was selling its non-Hawaii business units. [6] Amfac was bought by Chicago-based JMB Realty in 1988 for $920 million. [7] As the sugar industry in Hawaii declined after statehood, so did the fortunes of Amfac. The company's assets were gradually sold off or closed. Oahu Sugar in Waipahu was closed in 1995. [8]
In 2014, most of its real estate assets were sold for $373 million. [1] The real estate portfolio had consisted of land holdings on the windward side of Oahu, Hawaii, as well as other Oahu and mainland United States properties. Properties had included commercial, retail, office, industrial and residential parcels. [2]
A famous rule is that a thief cannot convey good title, so title searches are routine (or highly recommended) for purchases of many types of expensive property (especially real estate). In several counties and municipalities in the US a standard title search (generally accompanied by title insurance ) is required under the law as a part of ...
The four unities is a concept in the common law of real property that describes conditions that must exist in order to create certain kinds of property interests. . Specifically, these four unities must be met for two or more people to own property as joint tenants with legal right of survivorship, or for a married couple to own property as tenants by