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Allodial title constitutes ownership of real property (land, buildings, and fixtures) that is independent of any superior landlord. Allodial title is related to the concept of land held in allodium, or land ownership by occupancy and defence of the land. Most property ownership in common law jurisdictions is fee simple.
Mechanic's lien. A mechanic's lien is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property. The lien exists for both real property and personal property. In the realm of real property, it is called by various names, including, generically, construction lien.
The Kuleana Act of 1850, proposed by the King in Privy Council passed by the Hawaii legislature created a system for private land ownership in seven parts. [1] Section 1 recognized ownership of government plots occupied and improved by families. Section 2 expanded title to other types of land. Section 3 defined land boundaries and the ability ...
Higher category: Law and Common law. v. t. e. A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1]
Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
The six distinct kuleana rights are: [1] (1) reasonable access to the land-locked kuleana from major thoroughfares; (2) agricultural uses, such as taro cultivation; (3) traditional gathering rights in and around the ahupua'a [neighborhood]; (4) a house lot not larger than 1/4 acre; (5) sufficient water for drinking and irrigation from nearby ...
Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio ...
Losing the ability to keep up with your mortgage payments due to a job loss, illness or other misfortune can put you into foreclosure on your mortgage. If that has happened to you -- or you are ...