They also make it difficult, however, for law enforcement authorities and others to discover
the true owners of property.
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
If an estate agent does not establish that a particular person is
the true owner of the property at the start of the transaction and relationship, will they work in the seller's best interest going forward?
In a British Columbia decision, a fraudster represented that he was
the true owner of a property and conveyed it to his buddy, who then mortgaged the property on two occasions.
If someone were to look up the property records they'd see the property was owned by the trust and they would be unable to know who was
the true owner of the property.
Fraud or other falsehood regarding
true owner of the property by the seller or by another party in the chain of title.
Not exact matches
For
owner - occupied residential
properties the assessed value is equal to 10 %
of market value (also called
true value).
That is the
true value
of the
property, the rent saved for the remainder
of the
owner's life.
Local legend held that the house was where John Wilkes Booth hid out to avoid capture for his assassination
of Abraham Lincoln; after serving as caretaker for the
property for a time, Booth revealed his
true identity to the
owners on his deathbed.
While it's
true that many convicted dog fighters have been found with treadmills on their
properties, automatically connecting treadmill use with fight conditioning has unfairly profiled some
of the most responsible
owners out there.
Every person who falsely personates another, in either his private or official capacity, and in such assumed character receives any money or
property, knowing that it is intended to be delivered to the individual so personated, with intent to convert the same to his own use, or to that
of another person, or to deprive the
true owner thereof, is punishable in the same manner and to the same extent as for larceny
of the money or
property so received.
For a
property owner to be legally responsible for injuries you suffered from slipping or falling, at least one
of the following must be
true:
The phone in question has been mislaid and anyone who finds it has a duty to deliver it to the
owner of the bench for safekeeping pending the
true owner's return: if the
owner does not return within a reasonable time the phone becomes the
property of the bench
owner (e.g. the city that owns the park).
«The use and occupancy
of the
property need only be
of the character that a
true owner would assert in view
of its nature and location.»
When you take this
property you must have the intent to deprive the
true property owner of the use and benefit
of that
property.
Forged powers
of attorney have been used to fraudulently mortgage
properties or transfer title out
of the
true registered
owner's name.
The same can ring
true of fire damage to a vehicle, if the vehicle is damaged at a residence by a structure fire, the fire damage may fall under the homeowners
of the
property owner.
When a dispute arose, a court found this was a «
true resulting trust» and that the plaintiff was entitled to a declaration that they were the sole legal and beneficial
owners of the
property.
This is particularly
true for commercial
property owners and managers who routinely deal with dozens
of buildings and hundreds
of tenants on an everyday basis...
Now agents who want to present offers to
owners have the possibility
of not getting paid appropriately.Brokerages can MLS
properties with out giving
true service to
property owners and run things like a five and dime store.
While it is
true that a foreclosure sale will wipe out subordinate liens and the bulk
of any problems caused by former
owners, it won't work to extinguish the liens
of ad valorem taxes or problems that were missed when the previous
owner bought the
property.
REALTORS ® shall not acquire an interest in or buy or present offers from themselves, any member
of their immediate families, their firms or any member thereof, or any entities in which they have any ownership interest, any real
property without making their
true position known to the
owner or the
owner's agent or broker.
While the right
property manager can greatly benefit any rental
property owner, you might especially want to consider hiring one if any
of the following things are
true: