TRANSFER OF PROPERTY UNDER CONFLICT OF LAWS

The classification of property into movables and immovables is not co-extensive with the internal law classification between reality and personality. The importance of the distinction between movables and immovables is most apparent in the field of succession because succession to movables is in general governed by the lex domicilii of the deceased whereas succession to…

RENT CONTROL

WHAT IS RENT CONTROL? Rent control is a government program where they practice the imposition of a legal maximum (rent ceiling) upon the rent in a certain housing market, below the equilibrium level of rent. In a free market, the prices of the rent adjust automatically filling the gap between the demand and the supply.…

RENT CONTROL ACT

ECONOMIC ARGUMENTS AGAINST THE ACT Rent controls are not considered desirable for the overall development of the economy of a country due to the following reasons: – 1. As rents have been constrained below the market price, rent control lessens the amount of profitability of rental housing. According to the landlords, low rents under rent…

OWNERSHIP

INTRODUCTIONThe word ownership strikes the imagination with the picture of property, property without which there can be no ownership or possession. During the earliest of times when humans were nomads and did not posses the skill of cultivation and civilization the concept of ownership never crossed through the minds. However, the concept of possession was…

Freedom of Property

The Constitution originally provided for the right to property under Articles 19 and 31. Article 19 guaranteed to all citizens the right to acquire, hold and dispose of property. Article 31 provided that “no person shall be deprived of his property save by authority of law.” It also provided that compensation would be paid to a person…