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Land registration is compulsory in the Republic of Ireland, and two parallel registries are maintained: the Land Registry (Clárlann na Talún in Irish) and the Registry of Deeds (Clárlann na nGníomhas). The system in Ireland follows the English system, but with features typical of the Torrens system (for example, anyone can inspect the ...
In this type of system, if Oscar purports to sell a piece of land to Alice for $100,000, and the next day purports to sell exactly the same piece of land to Bob for another $100,000, then Bob will own the land only if he was not aware of the prior sale to Alice, and if Bob actually records his interest before Alice does. In the hybrid race ...
The aim is to outline the benefit of having a relevant and reliable land information system in place. The Guidelines identify the factors that should be taken into account in developing the legislation, organization, databases and maps, as well as the funding mechanisms, required to implement and maintain a solid land administration system. [3]
A mortgage valuation is for the benefit of the lender. Its purpose is merely to confirm the property is worth the price paid, in order to protect the lender's interests. [18] Invariably there is a disclaimer on the report that confirms that the surveyor has no responsibility to the borrower. This is a legally valid exclusion. RICS Home Surveys
Many jurisdictions have switched or are switching from a deeds registration system to a system of title registration. For example, Hong Kong, one of the last common law jurisdictions to maintain a deed registration system, passed the Land Titles Ordinance in 2004, which will see Hong Kong shift to the Torrens system. The law will be gradually ...
The cadastre is a fundamental source of data in disputes and lawsuits between landowners. Land registration and cadastre are both types of land recording and complement each other. [2] By clearly assigning property rights and demarcating land, cadasters have been attributed with strengthening state fiscal capacity and economic growth. [4]
In June 2016, the company acquired a data center campus in New Jersey from DuPont Fabros Technology for $125 million. [21] [22] In January 2017, the company acquired a 260,000 square foot data center in Irving, Texas for $50 million. [23] In May 2017, the company acquired a 3.4-acre parcel next to its Atlanta facility for $1 million. [24]
A Land Information System (LIS) is a geographic information system for cadastral and land-use mapping, typically used by local governments. [1]A LIS consists of an accurate, current and reliable land record cadastre and its associated attribute and spatial data that represent the legal boundaries of land tenure and provides a vital base layer capable of integration into other geographic ...