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The Rama Prasad Goenka Group, commonly known as RPG Group, is an Indian industrial and services conglomerate headquartered in Mumbai, Maharashtra. [3] The roots of the RPG Group can be traced back to the enterprise of Ramdutt Goenka in 1820. [4] RPG Enterprises was established in 1979 by Rama Prasad Goenka and initially comprised the Phillips ...
The bundle of rights is commonly taught in first-year property courses in law schools in the United States to explain how property can simultaneously be "owned" by multiple parties. Before it was developed, the idea of property was seen in terms of dominion over a thing, as in the ability of the owner to place restrictions on others from ...
Property law. An estate in land is, in the law of England and Wales, an interest in real property that is or may become possessory. [1] [2] It is a type of personal property and encompasses land ownership, rental and other arrangements that give people the right to use land. This is distinct from sovereignty over the land, which includes the ...
Habendum clause. A habendum clause is a clause in a deed or lease that defines the type of interest and rights to be enjoyed by the grantee or lessee. In a deed, a habendum clause usually begins with the words "to have and to hold". This phrase is the translation of the Latin habendum et tenendum that historically commenced these clauses in deeds.
These medieval land terms include the following: a hide: the hide, from the Anglo-Saxon word meaning "family", was, in the early medieval period, a land-holding that was considered sufficient to support a family. This was equivalent to 60 to 120 acres depending on the quality of the land. The hide was the basis for the assessment of taxes.
Trust (law) A trust is a legal relationship in which the owner of property (or any other transferable right) gives it to another person or entity, who must manage and use the property solely for the benefit of another designated person. In the English common law, the party who entrusts the property is known as the "settlor", the party to whom ...
Ownership. Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible. Ownership can involve multiple rights, collectively referred to as title, which may be separated and held by different parties. The process and mechanics of ownership are fairly complex: one can gain, transfer ...
Leasehold is a form of land tenure or property tenure where one party buys the right to occupy land or a building for a given time. As a lease is a legal estate, leasehold estate can be bought and sold on the open market. A leasehold thus differs from a freehold or fee simple where the ownership of a property is purchased outright and after ...