Property law is the area of law that governs the various forms of ownership and tenancy in real property.

It can be land as distinct from personal or movable possessions and in personal property, within the common law legal system. In the civil law system, there is a division between movable and immovable property.

Every Country in the world has different laws to how and what a foreign may buy. 

Property signifies dominion or right of use, control, and disposition which one may lawfully exercise over things, objects, or land. One of the basic dividing lines between property is that between real property and personal property. Generally, the term real property refers to land. Land, in its general usage, includes not only the face of the earth but everything of a permanent nature over or under it. This includes structures and minerals.

There are further divisions within the real property classification. The most important are freehold estates, nonfreehold estates, and concurrent estates. (Others are future interests, specialty estates, and incorporeal interests).

• Freehold estates are those in which an individual has ownership for an indefinite period of time. An example of a freehold estate is the “fee simple absolute”, which is inheritable and lasts as long as the individual and his heirs wants to keep it. Another example is the “life estate”, in which the individual retains possession of the land for the duration of his or her life.
• Nonfreehold estates are property interests of limited duration. They include tenancy for years, tenancy at will, and tenancy at sufferance.
• Fractional property exist when property is owned or possessed by two or more individuals simultaneously.

[ic_add_posts category=’property-law’]

See Fractional Property below. 

[ic_add_posts category=’fractional’]