Sentences with phrase «placing ownership of property»

An instrument placing ownership of property in the name of one person, called a trustee, to be held by the trustee for the use and benefit of some other person.

Trust: An instrument placing ownership of property in the name of one person, called a trustee, to be held by the trustee for the use and benefit of some other person.

Not exact matches

Further, in respect of foreign ownership of agricultural properties, we expect to see limitations / conditions being placed on such ownership.

New reporting rules for buyers will also be set in place, whereby foreign buyers are required to offer more comprehensive disclosure of information — household information, worldwide income, and social insurance numbers, to name some — which will then be placed into a public beneficial ownership registry to provide more transparency on true owners of property within the province.2, 5

After March 4, 2013, an International Arrest Warrant will be issued against these Defendants.The guilty verdict followed nearly a month of deliberations by more than thirty sworn Citizen Jurors of the 150 case exhibits produced by Court Prosecutors, The Court's judgement declares the wealth and property of the churches responsible for the Canadian genocide to be forfeited and placed under public ownership, as reparations for the families of the more than 50,000 children who died in the residential schools.To enforce its sentence, the Court has empowered citizens in Canada, the United States, England, Italy and a dozen other nations to act as its legal agents armed with warrants, and peacefully occupy and seize properties of the Roman Catholic, Anglican and United Church of Canada, which are the main agents in the deaths of these children

The statement said by his admission, Banire agrees that a transfer of ownership on the property he has acquired is indeed taking place and what the Lagos State law demands is a validation of this claim so that the requisite permit on the existing property; an alteration to it or a new construction, as the case may be, may be sought and obtained.

Private property must, therefore, be abolished and in its place must come the common utilization of all instruments of production and the distribution of all products according to common agreement — in a word, what is called the communal ownership of goods.

The city did file a notice of appeal on Feb. 1 of two earlier decisions by state Supreme Court Judge James Murphy rejecting the city's attempt to take back ownership of the land around the harbor from COR and canceling liens the city had placed on the property.

Or the state could simply require that districts that fail to reduce costs responsibly get out of the property - ownership business, either by having the state assume ownership, by placing the buildings into a third - party trust, or by establishing a cooperative to which charter schools have equal rights.

The book and subsequent articles point out precisely the opposite: when you bought the house in the first place you did leverage, because you had no equity to balance the loan; your lender had the strangle hold on your ownership of the property.

For real estate investors seeking immediate cash flow and reduced leasing risk in the first year of ownership, properties in the Roofstock Rent Guarantee Program are a great place to start.

If the only way for the necessary funds to be raised is the sale of your home, then the trustee may do this, meaning that you give up legal ownership of the property if you own it in entirety in the first place.

Even in a smooth transition of ownership, there's still years of potential fights ahead as siblings get saddled with the expenses of regular upkeep, taxes, and figuring out a way to share the property without bickering over whose family gets the place each weekend.

The importance placed on property ownership, both as a hold of value and as a status symbol, is amplified by Asian immigrants who are more likely to own their own home and have property investments — a key reason why as many as 81 % of immigrant poll respondents say they feel happily middle class.

The property was placed in the ownership of a company (Cativo) which the husband had specifically acquired for that purpose.

These were developed by a 3rd party development firm and I am not aware of any written agreement currently in place as to ownership of any Intellectual Property Rights of the websites and the code / design therein.

It is important to note however that any «settlement of property» made under this Act places an obligation upon the paying parent to provide a home for the child and the parent carer until the child is 18 or ceases full time secondary education (although the parties can agree between them to extend the period) after which the property then reverts back into the ownership of the paying parent.

ETECHACES MARKETING AND CONSULTING PRIVATE LIMITED (the «Company») has an efficient Intellectual Property Policy and Intellectual Property Management guidelines (Collectively referred to as «IP Policy», hereinafter) in place basically to maintain absolute clarity on IPR related issues such as ownership, rights and obligation of employees and Company, rights and obligation of customers and Company, disclosure of work / invention, non-disclosure of confidential information, liabilities in case of misappropriation of IP or resolution of IP related disputes strategically.

As part of its exit, Cedar will acquire RioCan's 80 percent ownership interest in Franklin Village shopping center in Franklin, Mass. for $ 60.1 million, including the assumption of an in - place $ 34.7 million mortgage; sell its 20 percent ownership interest in the remaining 21 properties for approximately $ 119.5 million, including in - place financings of $ 54.4 million and receive approximately $ 39 million in cash, as well as the distribution of its share of working capital in the joint venture.

As we place our sense of self - worth into the equation, the desire for ownership of property increases.

Soviero v. Carroll Group International, Inc. (27 A.D. 3d 276)- salesperson asserted causes of action for breach of an oral employment agreement, for wages, statutory liquidated damages and statutory attorney's fees under the Labor Law, for conversion and conspiracy to commit conversion by the broker and punitive damages for intentional tort; order dismissing all causes of action except the breach of contract claim affirmed; salesperson was fired by the firm and was no longer an «employee» or a «commissioned salesman» of the brokerage firm after her termination, such as would entitle her to wages or a commission; conversion cause of action fails as salesperson must have exercised ownership, possession or control of the property in the first place which she never had such ownership; no viable claim for punitive damages which are not recoverable for ordinary breach of contract

Suburban REALTORS Alliance Position The Alliance is opposed to increases in the current transfer tax for the following reasons: 1) As the transfer tax is levied only on buyers and sellers of property, the burden per taxpayer is greater than the burden from a more broad - based tax designed to generate the same amount of revenue; 2) Since public transportation is a benefit that is open to all members of society, the charge should not be placed solely on buyers and sellers of property; 3) The transfer tax adds additional burdens on first - time home buyers saving for a down - payment and covering the closing costs and runs contrary to existing federal, state, and local programs including the mortgage interest deduction, low interest property maintenance loans, and grants to first time homebuyers; 4) A real estate transfer tax is a state and local tax assessed on real property when ownership of the property is exchanged between parties.

We work with the best credit counselors, attorneys and lenders in the market place that can help repair blemishes that restrict ownership of our investment properties.