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Chapter 2 of Title 29 of the Yap State Code - Yap State Deed of Trust Act.

País/Territorio
Micronesia, Estados Fed.
Subdivisión territorial
Yap
Tipo de documento
Legislación
Fecha
2000
Fuente
FAO, FAOLEX
Materia
Tierra y suelos
Palabra clave
Tenencia de tierras Transferencia Terrenos agrícolas
Área geográphica
Asia y Pacifico, Micronesia, Oceania, Pequeños estados insulares en desarrollo, Pacífico Sur
Resumen

This Act specifies rules relative to the writing, transfer, foreclosure, etc. of a deed of trust and defines legal consequences and proceedings in relation with the creation or foreclosure of a deed of trust. A transfer in trust of an estate in real property may occur to secure the performance of an obligation or the payment of a debt. A transfer does not entitle the trustee or beneficiary to the possession of the property, except as provided in this Act. The Act also provides for the establishment of a loan guarantee escrow account by trustees.

Texto completo
Inglés
Página web
fsmlaw.org