Land conveyance code#
Land conveyance license#

Only upon a specific resolution of the assembly the mayor may act on its behalf in real property when that property to be acquired is for a valuable consideration or as part of a program of grants under which the borough may receive only a limited amount of acreage.

The form of any conveyance shall be approved by the borough attorney.Д«. Any instrument requiring execution by the borough shall be signed by the mayor and attested by the borough clerk.

Real property shall be held in the name of the Northwest Arctic Borough.

Land conveyance license#

The borough may acquire, own and hold real property by warranty or quit claim deed, easement, grant, permit, license deed of trust, mortgage, contract of sale of real property, plat dedication, lease, tax deed, will, or any other lawful method or mode of conveyance or grant. The borough shall have and may exercise all rights and powers in the acquisition, ownership and holding of real property as if the borough were a private person. The borough may acquire, own and hold real property by purchase, gift, devise, grant, dedication, exchange, redemption, purchase of equity of redemption, operation of law, tax or lien foreclosure, adverse possession, condemnation or declaration of taking, annexation or by any other lawful means or conveyances. 2.48.010 Real property defined.ДЄs used in this chapter, вЂњreal propertyвЂќ means and includes any estate in land, easements, right-of-way, lease, permit, license, franchise, future interest, building, fixtures or any other right, title or interest in land or a building. 137, 139 (вЂњIf he did not then own that part of the section included in lots 7, 8, 9, and 10, his title, subsequently acquired, inured to the benefit of his granteesвЂќ).2.48.020 Acquisition and ownership вЂ“ Authority.Дў.48.030 Acquisition and ownership вЂ“ Rights and powers.Дў.48.050 Acquisition вЂ“ Dedication by plat.Дў.48.100 Conveyances under Section 14(c)(3) of ANCSA.

Land conveyance code#

This section of the code holds that вЂњwhere a person purports by proper instrument to grant real property in fee simple, and subsequently acquires any title, or claim of title thereto, the same passes by operation of law to the grantee, or his successors.вЂќ See also Cecil v. The after-acquired title doctrine is codified into California Civil Code section 1106. This is known as the doctrine of the after-acquired title. However, if the grantor later acquires rights to the over-included property, the grantee automatically becomes the owner of the excess property. If this is the case, the deed conveys only the property then owned by the grantor. The result is different where a grantor conveys more than what the grantor owns. By law, a conveyance of property that the grantor does not own is considered a вЂњwild deedвЂќ and has no effect on the title of the person who holds real title to the subject property. The former is ineffective to convey property. If the property transferred is less than fee simple, then this suggests that perhaps the grantor reserved some interest in the property either in the grantor or a third party.ДЄLSO READ Joint Tenancy vs Tenants in Common California Property that Grantor does not ownД¬omplications arise when the grantor conveys property the grantor does not own or conveys more than the grantor actually owns. The grantor may convey the entirety of the parcel without any reservations through a transfer otherwise known as a transfer in fee simple. The person conveying the property is known as the grantor and the person receiving the property is the grantee. Conveyed by DeedДЄs a precursor, real property can be conveyed by deed or other instrument of transfer. Nevertheless, there are circumstances when the grantor either attempts to convey land they do not own (due to fraud) or conveys more land than what the grantor actually owns by mistake. For a conveyance to be effective, the grantor in Los Angeles (someone who transfers a property right to a grantee.) undoubtedly has to own the property the grantor conveys. Normally, real property is conveyed or transferred through a deed. Real property can be transferred for its entirety or a portion thereof. This blog discusses conveying property in general as well as different scenarios when someone tries to convey more property than they own.В There are many ways to convey an interest in real property, those ways are easily defined and explained through the use of various types of real property deeds.