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If a neighbor's excavation or excessive extraction of underground liquid deposits (crude oil or aquifers) causes subsidence, such as by causing the landowner's land to cave in, the neighbor will be subject to strict liability in a tort action. The neighbor will also be strictly liable for damage to buildings on the landowner's property if the ...
Vista Land's operations is divided into four segments: horizontal, vertical, commercial, and affordable housing. The first two involves the development and sale of residential properties, the third deals with the company's venture in the retail and business process outsourcing industry, and the last is involved with the development and management of other business including resorts, hotels ...
For example, the seller wills his real property to his son, and his personal property to his daughter. If the seller dies after a contract for conveyance is signed by a buyer, the seller's interest in the land will be treated as personal property, and the proceeds of the sale will pass to his daughter.
This is a list of notable real estate companies of the Philippines. Arthaland; Aseana Holdings; Ayala Land; Cebu Landmasters; Century Properties; DMCI Homes; DoubleDragon Properties; Federal Land; Filinvest Land, Inc. Isoc Land; Italpinas Development Corporation; Megaworld Corporation; MRC Allied; OHMYHOME PROPERTY INC; Phinma Properties ...
Adverse possession in common law, and the related civil law concept of usucaption (also acquisitive prescription or prescriptive acquisition), are legal mechanisms under which a person who does not have legal title to a piece of property, usually real property, may acquire legal ownership based on continuous possession or occupation without the permission of its legal owner.
AREIT started out with three office buildings under its portfolio namely the Solaris One, Ayala North Exchange, and the McKinley Exchange all of which are in Makati. [9] [10] In January 2021, AREIT disclosed its acquisition policy saying a prospect property has to be "stable, with high occupancy, long term contracted leases with escalation" and that it is averse in investing on properties ...
Ayala Land, Inc. (ALI) is a full line real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Philippine Stock Exchange (PSE: ALI) in July 1991.
In modern common law, if the property owner allows the accession through bad faith, the adder of value is entitled to damages or title to the property. If the individual who adds value to the owner's chattel (personal property) is a trespasser or does so in bad faith, the owner retains title and the trespasser cannot recover labor or materials ...