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Unclaimed property laws in the United States provide for two reporting periods each year whereby unclaimed bank accounts, stocks, insurance proceeds, utility deposits, un-cashed checks and other forms of "personal property" are reported first to the individual state's Unclaimed Property Office, then published in a local newspaper and then ...
Unowned property includes tangible, physical things that are capable of being reduced to being property owned by a person but are not owned by anyone. Bona vacantia (Latin for "ownerless goods") is a legal concept associated with the unowned property, which exists in various jurisdictions, with a consequently varying application, but with origins mostly in English law.
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.
Philadelphia also offers homeowners with vacant lots adjacent to their properties the opportunity to purchase the lots for $1 if the property is valued at less than $15,000 and is less than 3,000 ...
Here are six abandoned historic homes for sale that you can buy right now. Located in the quaint town of Milton, North Carolina, the Gordon-Brandon House was possibly built circa 1850 by a local ...
For decades, federal rules punished good Samaritans who tried to tackle toxic mine pollution. A new program removes barriers to restoring waterways across the West.
Kelo v. City of New London, 545 U.S. 469 (2005), [1] was a landmark decision by the Supreme Court of the United States in which the Court held, 5–4, that the use of eminent domain to transfer land from one private owner to another private owner to further economic development does not violate the Takings Clause of the Fifth Amendment.
How many properties are abandoned in Fall River? The new ordinance reads that properties “improperly maintained can have a tremendous negative impact” in the neighborhoods where they are located.