Real state business law deals with the legal protection afforded to the owner of an immovable property that is owned and occupied by the state. Property that is immovable is property that is not a house or building, but rather a structure like a farm, a dam, a bridge, a hotel, a factory, a train station, a dam, a shopping complex, or any other type of structure that is not built on a foundation or is used for an official purpose. Property that is immovable includes an easement, easements are properties which can be granted to another person, such as a landowner, who is the exclusive owner of a public right of way.
Real property includes the buildings and land on it, and its natural resources like water, crops or minerals; its immovable assets like immovable, land improvements and real estate in general. The term immovable also refers to movable personal property. Immovable property is generally the property that is owned and occupied by the state, and is not subject to the exclusive ownership of an individual. The term is commonly used to refer to the legal protection that a property owner enjoys by virtue of the grantee of a deed of trust or an instrument that allows him to claim exclusive ownership of a particular property.
Real state law protects the property rights of the property owner in many ways, including the right to use the property for his own lawful purposes, to collect rents from tenants or to hold on to the property as collateral. It also provides for the rights of the tenants to the use and enjoyment of the property and its products, and to the rights of the state as a whole to regulate the use of the property. Du An LDG Sky Other forms of property that are protected under real state law include water, oil and gas, railroads, utilities, dams, and natural resources.
Real state business law can also be broadly categorized into two types: statutory and common law. Statutory laws are typically passed by the legislature and enforced through administrative agencies like the courts or the public utilities commission. Common law, on the other hand, is designed to protect individual rights under the Constitution of the United States and other federal laws that are directly applicable to a private entity, even though there is no specific statute of a private entity that explicitly defines those rights.
Real state business law is usually implemented through a variety of means, including private actions by the state. and through the use of public courts. Private actions of the state include: selling the real estate or transferring or assigning ownership; licensing the right to use the real estate, and/or granting leases, permits or licenses to other entities; or requiring payment of taxes on property, on real estate or on the basis of the use or occupancy by the entity; and even requiring payment of a fee based on the value of the real estate. Public courts may also enforce the rights of an individual to collect rents or fees from tenants on the basis of his occupancy of the property or to provide legal protection to the owner of an immovable property, if the individual is denied access to a public right of way.
Real state business law is very complex and difficult to master, but its application can have significant consequences for all parties involved. In some cases the property owner may have a right to bring a suit to determine the validity of the ownership of a property, while in other cases the state may be able to establish the validity of the ownership in a court of law. If the ownership of an immovable is at issue, the owner may have a better chance of successfully challenging the ownership through the use of an administrative agency or the courts of law. Private agencies may intervene between a person and the state to determine the validity of the owner’s ownership.Read More