values for the same area. Similarly two adjacent plots in the same area may have different values because one plot falls in garden reservation and another plot is marked for commercial user. An old case of human intelligence affecting value of property is worth studying. An open plot of land was offered for sale in a posh locality of Mumbai. But there were no buyers for the plot because it was subjected to the covenant that no construction above 5’ would be allowed to be put up in the plot. Owner
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v Transport brakes limited and clearly explain how the principle has been modified by common law and statute. The principle Lord Denning was discussing in the case stated above relates to the sale of goods and is aimed at protecting individual property. It is common to find persons selling goods to which they hold no title at all and have no consent or authority from the owners. This occurs when either the goods being sold are stolen or have been gotten from the owner by deception. The buyer
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The Effects of Owning Property Author E.M. Forster’s notion that owning too much property leads to revolution is a worthy argument. After all‚ items of materialistic items have been‚ in certain instances‚ accredited to accounts of extreme misfortune. However‚ I beg to differ being that property and prosperity is an American dream. To own a home‚ in my opinion‚ is a sign of stability. Owning a property exempts one from paying rent or a monthly token for living purposes and enables one to virtually
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The servitude pertinent to this matter is a praedial servitude‚ relating to two pieces of land‚ adjacent to each other. A paedial servitude is established over the servient property (The Trust) for the benefit of the dominant property (UCT) in perpetuity. A right of way typically confers a real right to benefit from the property of another. It affords powers of use and enjoyment to someone other than the owner. Section 63(1) of the Deeds Registry Act tells us that limited real rights are capable of
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Although Intellectual property can be catorigized under many aspects‚ not every idea the mind can think is included. The legal definition of intellectual property often abbreviated IP is ideas‚ inventions‚ artistic works‚ songs‚ business processes etc. In general terms is any commercialily viable product created out of a persons mental processes. The Coca Cola company for example has legal ownership of several factories‚ bottling equipment‚ trucks for transporting their product and the actual ingredient
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Time does fly so fast that today’s innovation is inclusive. With these innovations‚ some creates originally and some just imitates these originals. And with the intellectual property law‚ owners are granted certain exclusive rights to a variety of intangible assets. As a student of Information Technology with Specialization in Digital Arts‚ I program a website and create a digital art. We create new concept in websites‚ illustrations‚ and movies which makes us the owner of these assets that we need
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Property Ownership in Quebec Partnerships: Who Really Owns the Property? As opposed to U.S. partnership law‚ which holds property brought into or acquired by the partnership becomes property of the partnership; in Quebec‚ you can bring the property into a partnership and have it considered separate from other partnership property (Kubasek‚ M.‚ Herron‚ Dhooge‚ & Barkacs‚ 2013). Under the Civil Code of Quebec (CCQ)‚ in the area of contributing property to the partnership; made by the transfer of
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Mountain Property Problem In this case study Martin was faced with losing his land to Otis who claimed to have lived there for twenty years and to the lease company that had lend money to Andrew‚ one of his partners joint tenancy owner for the mountain property. Legal advice Looking at Martin’s case legally‚ he was right to contact the attorney for the necessary legal actions. According to laws that states joint ownership of properties‚ a co-owner of a joint tenancy with rights of survivorship
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What Role Does Property Play In Locke’s Political Theory? In Locke’s political theory there is a large amount of emphasis put on property. Locke is using the word property to mean all that we can own: land‚ food‚ water‚ animals and so on. Therefore‚ it is mainly economics which Locke’s work on property is concerned with‚ and specifically the “labour theory of value” which provides the role of economic regulation in his political theory. Locke believes the Earth was given to all men equally
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with Property What is Interference with Property: Intentional interference with property is the section under intentional tort law that protects a citizen from having their land trespassed on‚ chattels stolen or obtained by people that should not have their items.It is also the act that protects your rights as a Canadian citizen to privacy and protection of property. Types of Interference with Property: There are four main sections under which intentional interference with property can
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