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Topic: Immovable Property

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	Property law - Wikipedia, the free encyclopedia
		Property law is the law that governs the various forms of ownership in real property (land as distinct from personal or movable possessions) and in personal property, within the common law legal system.
		In some jurisdictions, historically all property was owned by the monarch and it devolved through feudal land tenure or other feudal systems of loyalty and fealty.
		A person may also obtain an interest in property under a trust established for his or her benefit by the owner of the property.
	en.wikipedia.org /wiki/Property_law (1238 words)

	Encyclopedia: Intellectual property
		Intellectual property laws confer a bundle of exclusive rights in relation to the particular form or manner in which ideas or information are expressed or manifested, and not in relation to the ideas or concepts themselves (see idea-expression divide).
		The basic public policy rationale for the protection of intellectual property is that IP laws facilitate and encourage disclosure of innovation into the public domain for the common good, by granting authors and inventors exclusive rights to exploit their works and invention for a limited period.
		The use of the term "intellectual property" is often predicated on considerations such as the "free rider problem" or rationalized by problematizing the fact that owners of computers have the ability to produce and distribute perfect copies of digital works.
	www.nationmaster.com /encyclopedia/Intellectual-property (11722 words)

	Real property -- Facts, Info, and Encyclopedia article (Site not responding. Last check: 2007-10-08)
		This article discusses the ownership of land using the interpretation of real property as a legal term used in Anglo-American (A system of jurisprudence based on judicial precedents rather than statutory laws) common law jurisdictions as opposed to immovable property in civil law jurisdictions.
		Such distinctions are important in terms of the law of (A reversion to the state (as the ultimate owner of property) in the absence of legal heirs) escheat or when property reverts to the state because it lacks an owner or has been abandoned.
		Real property may not only be owned it may be leased in which the possession of the property is given to the tenant for a limited period of time.
	www.absoluteastronomy.com /encyclopedia/r/re/real_property.htm (856 words)

	Immovable property (Site not responding. Last check: 2007-10-08)
		The Adventures of the Boy with Immovable Hair ASCII comic strip detailing the trials and tribulations of a boy whose hair won't move.
		Property Vision UK residential property buyers' agent offers reports on the UK property market.
		Property Promoter Online property magazine, helping people to promote and sell their property.
	www.serebella.com /encyclopedia/article-Immovable_property.html (371 words)

	Learn more about Property law in the online encyclopedia. (Site not responding. Last check: 2007-10-08)
		Property law is the law that in the common law legal system governs the various forms of ownership in real property (land as distinct from personal or moveable possessions) and in personal property.
		In some jurisdictions, historically all property was owned by the monarch and it devolved through feudal land tenure or other feudal systems of loyalty and fealty to the monarch.
		The French Revolution introduced the idea of the absolute ownership of property, it is such ownership that was introduced into the civil law by the Code Napoleon.
	www.onlineencyclopedia.org /p/pr/property_law.html (261 words)

	Realty Investment in India (21.11.04) (Site not responding. Last check: 2007-10-08)
		Immovable property is variously defined - land, benefits to arise out of land, things attached to earth or permanently fastened to it.
		A person taking immovable property or any share/interest in it is presumed to have notice of the title of any other person in actual possession of the property.
		When the question is whether any person possessing immovable property is its owner, the burden of proving that she is not is on the person who so asserts.
	www.globallawreview.com /realtylaw.html (1105 words)

	NRI Investment in Property (Site not responding. Last check: 2007-10-08)
		Companies which acquire or hold any immovable property in India in terms of the general permission are required to submit to Reserve Bank a declaration in form IPI 5 not later than 90 days from the date of acquisition of the immovable property.
		Properties (up to two houses) are acquired, transferred or disposed of by way of gift from or to a relative who may be an Indian citizen or a person of Indian origin whether resident in India or not.
		Property (not being agricultural land/farm house/plantation property) situated in India is acquired by way of purchase or inheritance and transferred or disposed of by way of sale (No restrictions are placed on the number of such properties acquired/disposed of under the general permission except what is mentioned against condition 4 below).
	www.indiainfoline.com /lega/nri/ch01.html (1629 words)

	TABLE OF CONTENTS
		All disputes arising from transactions concerning immovable property are governed by the laws of Cyprus and are subject to the jurisdiction of the courts of Cyprus.
		Property donated by declaration of trust is also considered as property passing on death and it is also taxed if the declaration of trust took place within 3 years prior to the death of the deceased.
		The immovable property tax is levied on the market value of the property as assessed on the 1st January 1980 and it refers to the immovable property registered in the name of the tax payer on the 1st January of each year.
	www.neocleous.biz /en/download/busop_property.htm (4890 words)

	Mortgage of immovable property - Deccan Herald (Site not responding. Last check: 2007-10-08)
		The immovable property, the interest of which is transferred to the creditor, must be specific in description with boundaries.
		The person to whom the interest in immovable property is transferred is mortgagee, who is creditor or lender.
		The documents delivered should be title deeds to the immovable property, which establish and confer the title of the immovable property to the mortgagor.
	www.deccanherald.com /deccanherald/oct222004/real5.asp (1808 words)

	ipedia.com: Real property Article (Site not responding. Last check: 2007-10-08)
		Real property is generally a term used in common law jurisdictions as opposed to immovable property in civil law jurisdictions.
		Real property is generally a term used in common law jurisdictions as opposed to immovable property in civil law jurisdictions (immobilier in French).
		Because real property is essential for industry or other activity requiring a lot of fixed physical capital, economics is very concerned with real property and rules regarding its valuation and disposition, and obligations accrueing to its owners.
	www.ipedia.com /real_property.html (653 words)

	Inspector Genaral of Stamps and Registration
		In the latter case, it is the actual value of the property that shall have to be taken into consideration while, in the former, it is the valuation that has been done by someone who is concerned with the property or the transaction in question.
		The provisons of this Chapter shall not apply to or in relation to any immovable property where the agreement for transfer of such property is made by a person to his relative on account of natural love and affection, if a recital to that effect is made in the agreement for transfer.
		The property may be one item; in other words, it may be a building, a piece of land, but in law it will have to be considered as consisting of as many different bits of properties as there are co-owners.
	www.karigr.org /actsrules/otheracts/products.htm (4696 words)

	CATHOLIC ENCYCLOPEDIA: Property
		The property of a community remains private as long as that community is able to exclude outsiders from participating in its enjoyment.
		Immovable property consists in land (real estate), and in everything so attached to the land that, as a rule, it cannot be transferred from one place to another without undergoing a change in its nature.
		We shall prove first of all that, generally speaking, the institution of private property is necessary for human society and that it is consequently a postulate of the natural law; this established, it follows at once that the right of acquiring property is a natural right.
	www.newadvent.org /cathen/12462a.htm (4932 words)

	Tracing titles of immovable property - Deccan Herald - Internet Edition (Site not responding. Last check: 2007-10-08)
		Many of the reputed builders refuse to give title papers to the purchaser, dictate terms and insist that property be purchased on their own advocates certificate of the title, a document with four lines of text without referring to the devolution of the property.
		A person who remains in actual, peaceful, open and exclusive possession of immovable property for a period of 12 years or more, expressly or impliedly in total denial of the title to the true owner is deemed to have acquired ownership and title to the immovable property by adverse possession.
		In case of tracing the title of the properties allotted/granted by statutory authorities and governments, it is sufficient if the title is traced from the date of allotment to the immediate seller and there is no need to trace the title for a period of 42 years.
	www.deccanherald.com /deccanherald/oct72005/realty1054592005106.asp (1747 words)

	House of Lords - The Commissioners of Customs and Excise v. Sinclair Collis Limited
		Whereas the occupation of a hotel bedroom for one or more nights (or even for a shorter period) may well be classified as a let in various legal systems, this is unlikely ever to be the case for the consumption of a meal in the public dining room in the same hotel.
		In the case of the occupation of a bedroom, the dominant feature of the contract is the use of the premises, whereas in the case of the restaurant meal the dominant feature is the provision of the meal, no matter how important the décor or other facilities may be in the customer's choice of venue".
		He said that it necessarily involves the grant of some right to 'occupy the property as one's own and to exclude or admit others, a right which is, moreover, linked to a defined piece or area of property'.
	www.parliament.the-stationery-office.co.uk /pa/ld200001/ldjudgmt/jd010607/collis-1.htm (3572 words)

	LONG-AWAITED RUSSIAN LAW ON THE REGISTRATION OF RIGHTS TO IMMOVABLE PROPERTY ENACTED (Site not responding. Last check: 2007-10-08)
		A third factor is that the bodies conducting the state registration of rights to immovable property, like most administrative bodies throughout the country, usually lack the material resources and qualified personnel to effectively fulfill their functions.
		The Registration Law provides that the state registration of rights to immovable property and transactions with it (hereinafter state registration) is a legal act of recognition and confirmation by the state of the origin, limitation (encumbrance), transfer or termination of rights to immovable property in accordance with the Russian Civil Code.
		Assuming that the rights to immovable property are ultimately registered on the basis of such application, their validity will be recognized from the time of receipt by the appropriate institution of justice of a complete application, the date of which shall be entered into the Unified Register (Registration Law, Article 16).
	www.bisnis.doc.gov /bisnis/country/9711LAW.HTM (1665 words)

	LEGAL ISSUES ON BURMA JOURNAL No
		According to Burmese Buddhist customary law, on the death of the parents, all surviving children inherit the parents' property equally, irrespective of sex or seniority.
		If he was a foreigner before his mother's death, the half share of the property he inherits under Burmese Buddhist customary law upon his mother's death could not have devolved to him because the Transfer of Immovable Property (Restriction) Act as amended in 1987 debars devolution of immovable property to a foreigner.
		Notwithstanding the provisions of the Section 31, the President of the Union [the SPDC Chairman at present as there is no President] may exempt from the operation of this Act the transfer of any immovable property or of a lease of immoveable property for a term exceeding one year.
	www.ibiblio.org /obl/docs/LIOB07-inheritance_case.htm (1551 words)

	P&T - Immovable Property and Cyprus Offshore Companies (Site not responding. Last check: 2007-10-08)
		Dealings in immovable property in other treaty countries constitutes business profits as far as the absence of a permanent establishment can be shown by the Cyprus offshore company.
		This is frequently used in the case of immovable property in the United Kingdom.
		Property disposed by a non resident is exempted from capital gains tax, provided that this was originally acquired with foreign exchange.
	www.ptcy.com /offprope.htm (245 words)

	PM-6 - Lease of Immovable Property - Louisiana State University Health Sciences Center New Orleans (Site not responding. Last check: 2007-10-08)
		Leases of immovable property other than buildings and leases of building space less than 2500 square feet are not required by law to be advertised and bid.
		All leases by the University of property from third parties shall be made in the name of the Board of Supervisors of Louisiana State University and Agricultural and Mechanical College.
		All transactions involving immovable property, affecting either buildings or unimproved property and regardless of whether the University is the lessor or the lessee, shall be reported promptly to the System Director of Human Resource Management.
	www.lsuhsc.edu /no/administration/pm/pm-6.htm (701 words)

	THEFT OF IMMOVABLE PROPERTY
		This means that the defendant must have conveyed a right in another's property in a manner adverse to the rights of the owner of that property.
		With regard to the requirement of proof of a "purpose" to benefit oneself or another, you are instructed that a person acts purposely with respect to the nature of (his/her) conduct or a result thereof if it is (his/her) conscious object to engage in conduct of that nature or to cause such a result.
		Unless the character of the property allegedly unlawfully transferred is in dispute, the court may instruct the jury that the property so transferred is (immovable) property under the statute.
	www.judiciary.state.nj.us /charges/jury/theft004.htm (595 words)

	:: BELANI GROUP OF COMPANIES :: FAQ for NRIs
		The local laws generally does not make any distinction between resident and non resident but they put restriction in several states regarding the quantum of immovable property that can be purchased and also deal with laws regulating registration of immovable property and stamp duty required to be paid on registration.
		However a “Person of Indian origin” may acquire any immovable property including agricultural /plantation/farm house from a person resident in India or a person resident outside India through inheritance, who had acquired such property in accordance with the provisions of the foreign exchange law in force at the time of acquisition by him.
		Property can be acquired by way of purchase or gift or inheritance.
	www.belanis.com /faq.htm (680 words)

	[No title]
		The statute upon which the indictment is based provides in pertinent part that: A person is guilty of theft if he [she] unlawfully transfers any interest in immovable property of another with purpose to benefit himself [herself] or another not entitled thereto.
		In this case, the State alleges that the interest transferred in immovable property is as follows [describe interest as listed in the indictment and developed at the trial].
		Since the value of the immovable property [or specific type of property] determines the degree or severity of the crime, the State must prove its value beyond a reasonable doubt [or the immovable property taken beyond a reasonable doubt].
	www.judiciary.state.nj.us /criminal/charges/theft004.doc (684 words)

	RUSSIA ADOPTS LAW ON REGISTRATION OF IMMOVABLE PROPERTY RIGHTS (Site not responding. Last check: 2007-10-08)
		A new Russian law "On the State Registration of Immovable Property Rights and Related Transactions," takes effect January 31, 1998 and is likely to improve the legal basis for investment in Russian land, buildings, and other immovable property.
		Property rights are first to be registered at the local level.
		As the public becomes more aware of the consequences of the failure to register rights to immovable property (including the invalidation of such rights), it is likely that state registration will become widespread, thus generating the required revenues to finance its effective performance.
	permanent.access.gpo.gov /lps3997/9711law.htm (877 words)

	Investment in Immovable Property
		In what manner the purchase consideration for the residential immovable property should be paid by foreign citizens of Indian origin under the general permission?.
		However, where the property is purchased by another foreign citizen of Indian origin, funds towards the purchase consideration should either be remitted to India or paid out of balances in NRE/FCNR accounts.
		In respect of residential properties purchased on or after 26th May,1993, Reserve Bank considers applications for repatriation of sale proceeds up to the consideration amount remitted in foreign exchange for the acquisition of the property for two such properties.
	www.iic.nic.in /iic5_a04.htm (722 words)

	International Law Office - Legal Newsletter (Site not responding. Last check: 2007-10-08)
		Restrictions on the acquisition of Swiss immovable property by foreigners were previously relaxed, and further liberalization will occur as a result of this agreement.
		Where an EU or EFTA national leaves Switzerland, he or she is free to retain the immovable property and, for instance, lease it to a third party before returning to Switzerland some years later.
		When Swiss citizens return to their home country, they are not obliged to sell immovable property located in the EU member state in which they previously resided.
	www.internationallawoffice.com /ld.cfm?Newsletters__Ref=5154 (835 words)

	NRI Guide (Site not responding. Last check: 2007-10-08)
		The taxation provisions relating to purchase/sale of immovable property in India by Non-Resident Indians (NRIs) are provided in the Income-Tax Act, 1961.
		Acquisition of the property must be in accordance to the foreign exchange laws.
		If the property was acquired out of the loans from authorised dealer/Housing Finance Institutions, the repatriation of sale proceeds will not exceed the extent of loans repaid out of foreign inward remittance through normal banking channels or by debit to the NRE/ FCNR accounts.
	www.sihomes.com /sispark/nriguide.htm (2092 words)

	RESERVE BANK OF INDIA GUIDELINES FOR NRIs: (Site not responding. Last check: 2007-10-08)
		The restrictions under this clause are not applicable to a lease of immovable property for a period not exceeding five years.
		The regulations made by the Reserve Bank are called Foreign Exchange Management (Acquisition and Transfer of Immovable property in India) Regulations, 2000, and have been notified vide Notification FEMA No.21/2000-RB of May 3,2000.
		An Indian citizen resident outside India does not require any permission to transfer any immovable property other than agricultural or plantation property or farm house, to a person who : is a citizen of India resident outside India, or is a person of Indian origin resident outside India.
	www.khaleejtimes.com /rbi/page4.htm (861 words)

	NRI Investment in Property (Site not responding. Last check: 2007-10-08)
		The restrictions these rules are not applicable to a lease of immovable property for a period not exceeding five years.
		transfer any immovable property other than agricultural or plantation property or farm house to a person resident outside India who is a citizen of India or to a person of Indian origin resident outside India.
		the immovable property was acquired by the seller in accordance with the provisions of the foreign exchange law in force at the time of acquisition by him or the provisions of these Regulations;
	www.indiainfoline.com /lega/nri/ch10.html (1302 words)

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