Tag Archives: Real Property

According to Wiki, the term commercial property (also called commercial real estate, investment or income property) refers to buildings or land intended to generate a profit, either from capital or rental income. Rental value is a key parameter for measuring real property performance. It is also a major cost for tenants and an important source of income for the landlord. ...

Abandonment in real estate can be referred to as the act of surrendering a claim to, or interest in, a particular asset. In some other circles, it is believed to be the permitted withdrawal from a forward contract that is made for the purchase of deliverable securities, and also the act of allowing an option to expire unexercised. Legal Dictionary ...

Personal property is movable property. It’s anything that can be subject to ownership, except land. Real property is immovable property – it’s land and anything attached to the land. This article reveals the difference between personal property and real property. There are two types of property. In legal terms, all property will be classified as either personal property or real ...

According to Daily Post, Forcible seizure of any landed property in Oyo State or an attempt to do so, otherwise known as land grabbing, has become a criminal offence that attracts a maximum of 15 years imprisonment or an option of a fine of N500,000 or both. This is one of the provisions of the new Real Properties Protection Law ...

According to Wiki, the term commercial property (also called commercial real estate, investment or income property) refers to buildings or land intended to generate a profit, either from capital or rental income. Rental value is a key parameter for measuring real property performance. It is also a major cost for tenants and an important source of income for the landlord. ...

Property tax can be defined as a levy on property that the owner is required to pay. The tax is levied by the governing authority of the jurisdiction in which the property is located; it may be paid to a national government, a federated state, a county or geographical region, or a municipality. This is in contrast to a rent ...