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It thereby allowed black American legal claims to rescind the usurious land contracts (featuring over-priced houses and higher-than-market mortgage interest rates), as a discriminatory real estate business practice illegal under the Civil Rights Act of 1866, thus greatly reducing the profitability of blockbusting. Nevertheless, these regulatory ...
Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money) such as drug trafficking, underground sex work, terrorism, corruption, embezzlement, and treason, and converting the funds into a seemingly legitimate source, usually through a front organization.
Extortion is a common law crime in Scotland of using threat of harm to demand money, property or some advantage from another person. It does not matter whether the demand itself is legitimate (such as for money owed) as the crime can still be committed when illegitimate threats of harm are used. [7] [8]
The last two words of the amendment promise "just compensation" for takings by the government. In United States v. 50 Acres of Land (1984), the Supreme Court wrote that "The Court has repeatedly held that just compensation normally is to be measured by "the market value of the property at the time of the taking contemporaneously paid in money."
The business was also located just a few streets away from his brother's cemetery. Don't miss. Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in.
A Lexington business owner has admitted getting more than $280,000 from a woman using false promises to give her a share of his business. Prageeth S. Hettiarachchi, 41, pleaded guilty to two ...
It takes a fair amount of money to buy a home these days. The median existing-home sale price in September was $404,500, according to the National Association of REALTORS. And if you want to avoid ...
The Fifth Amendment to the Constitution requires that the taking be for a "public use" and mandates payment of "just compensation" to the owner. [49] In federal law, Congress can take private property directly (without recourse to the courts) by passing an Act transferring title of the subject property directly to the government.