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Real and Personal Property Act.

País/Territorio
Islas Marshall
Tipo de documento
Legislación
Fecha
1966 (2006)
Fuente
FAO, FAOLEX
Título completo
An Act to establish real and personal property law in the Republic, and for related purposes.
Materia
Tierra y suelos
Palabra clave
Legislación básica Tenencia de tierras Institución Levantamiento topográfico/cartografía Catastro/registración de tierras Procedimientos judiciales/procedimientos administrativos
Área geográphica
Micronesia, Oceania, Pacífico Sur
Resumen

This Act shall apply to any agreement, regardless of its form, which is intended to give rights in personal property, including houses on land not owned individually or entirely by the party or parties purporting to give an interest in the house, as security for the performance of any obligation. Such Agreements include, among others, pledges, conditional sales agreements, chattel mortgages, and leases under which ownership of personal property is to pass upon completion of the terms of the lease. Sections 1 to 12 regulate the relationship of debtors and creditors and exercise of rights in relation to personal property. Only citizens of the Republic or corporations wholly owned by citizens of the Republic may hold title to land in the Republic (sect. 13). Remaining sections concern measurement of land and the recording of land transfers.

Texto completo
Inglés
Página web
www.paclii.org