In Hong Kong, all land has become the property of the People`s Republic of China since 1997, while the Government of the Hong Kong Special Administrative Region is responsible for administration, use and development. In other words, every piece of land in Hong Kong (with the sole exception of St. John`s Cathedral, the only property in Hong Kong) is leased land. What categories of property rights can be acquired? Are there interests in real estate other than wholly owned? I purchased a rented property in January 2020 and the purchase also included the purchase of the property at the time of completion. The right to build allows the owner to build and maintain their own building on someone else`s property and is usually granted for a limited period of time agreed between the landowner and the builder. Real estate interests, in addition to exclusive ownership, are as follows: As a property`s retirement date approaches, more features such as accounts receivable, card search, digital ledger, and title plan view are added to ensure a smooth transition between the two. English land law is the real estate law in England and Wales. Because of its great historical and social importance, land is generally considered the most important part of English property law. Land ownership has its roots in the feudal system established by William the Conqueror after 1066, and with a gradually decreasing aristocratic presence, a large number of owners are now seen playing in an active real estate market. The sources of modern law come from the former common law and equity courts, as well as laws such as the Property Law Act 1925, the Inhabited Land Act 1925, the Land Royalties Act 1972, the Land Trusts and Trustee Appointment Act 1996 and the Land Registration Act 2002. At its core, English land law includes the acquisition, content and priority of rights and obligations for persons with land interests. Having a property right in the land, as opposed to a contractual or other personal right, is important because it creates privileges over the claims of others, especially if the land is resold, if the owner becomes insolvent, or when various remedies, such as .
B a particular service, are invoked before the courts. Czech law distinguishes the following property rights: The trust (sometimes called a simple trustee) is the rightful owner whose name is registered as the owner in the land register. The beneficiaries of the trust are the beneficial owners for whom the property is held in trust. Economic interest is an interest in the economic benefits of a property. It belongs to the beneficial owner, who is entitled to the financial value of the land, regardless of the registration of titles in the land register. While real estate can be divided between co-owners and tenants for the purpose of using and enjoying the land, taking out a mortgage on real estate is mainly used to ensure the repayment of loans. Due to the nature of money loans and the often unequal bargaining power between banks and borrowers, the law provides borrowers with important legal protection against the application of unfair business. In addition to liens, privileges and equity commissions, English law considers a mortgage to be one of the four main types of security, with a title right that binds third parties to be created at the time of conclusion of the contract. The intention of the contract must simply be to provide goods to ensure repayment. Section 85 of the Property Act, 1925 states that a mortgage requires a deed (according to the LPMPA 1989 Section 1, a document that is signed and attested and indicates that it is an act). Under sections 23 and 27 of the Land Registration Act 2002, a mortgage notice must be filed with Her Majesty`s Land Registry for the mortgage to take effect. Second, section 87 of the Property Act of 1925 states that mortgages confer on the hypothecary creditor (i.e., the secured lender) the same rights as a 3,000-year-old tenant.
The reason for this reference to „3000 years“ is that the common law in a primitive protective measure states that mortgage terms must always allow the repayment of the property at the end when the debt is repaid. In Vernon`s decision against Bethell in the 18th century, Lord Henley LC refused to impose the transfer of Vernon`s sugar plantation in Antigua to a deceased London lender, Bethell, when Vernon struggled to repay the debt, although some exchanges between the two raised the possibility of abandoning the land to repay the debt. Given the considerable interest already paid, Lord Henley LC felt that this would thwart (or „clog“) Vernon`s right to buy back property. As he said, the protection of the borrower was justified because „the necessary persons are not really free persons, but, to meet a current need, submit to all the conditions that cunning may impose on them.“ .