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The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
The four unities is a concept in the common law of real property that describes conditions that must exist in order to create certain kinds of property interests. . Specifically, these four unities must be met for two or more people to own property as joint tenants with legal right of survivorship, or for a married couple to own property as tenants by
In metaphysics, impenetrability is the name given to that quality of matter whereby two bodies cannot occupy the same space at the same time. The philosopher John Toland argued that impenetrability and extension were sufficient to define matter, a contention strongly disputed by Gottfried Wilhelm von Leibniz .
Lateral and subjacent support, in the law of property, describes the right a landowner has to have that land physically supported in its natural state by both adjoining land and underground structures.
Property law is characterised by a great deal of historical continuity and technical terminology. The basic distinction in common law systems is between real property (land) and personal property (chattels). Before the mid-19th century, the principles governing the transfer of real property and personal property on an intestacy were quite ...
Feng shui can also mean the "aura" in or around a dwelling, making it comparable to the real estate sales concept of "indoor-outdoor flow". The square footage of a house in the United States reports the area of "living space", excluding the garage and other non-living spaces.
The Welfare Supplementary Payment (Amendment) Regulations aims to protect families in Northern Ireland impacted by the bedroom tax. Law to close ‘bedroom tax loopholes’ passes final hurdle in ...
The distinction between extraordinary assumptions and hypothetical conditions can be a matter of law or professional standards in the field of real estate appraisal in the United States where the distinction is not only codified in USPAP, but enforced by various state real estate appraiser commissions or professional boards. However, the ...