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This article explores the nature of property rights systems, their evolution, and their effect on resource allocation. It is argued that certain institutional arrangements for land rights have evolved in order to reduce uncertainty and increase efficiency in credit as well as in land markets. Of particular relevance to developing countries, the article emphasizes the contribution of public sector infrastructure to effective land rights systems. An appendix to the article presents a formal model analyzing the effects of security of land rights on land prices, the intensity of cultivation, and the use of credit. Empirical evidence from Thailand supports several of the propositions derived from the model. © 1991 The International Bank for Reconstruction and Development / THE WORLD BANK Articles citing this article Linking Land Use Planning and Regulation to Economic Development: A Literature Review Journal of Planning Literature (2011) 26(1): 35-47 AbstractFull Text (PDF) Contracts and Retaliation: Securing Housing Exchanges in the Interstice of the Formal/ Informal Beirut (Lebanon) Housing Market Journal of Planning Education and Research (2009) 29(1): 90-107 AbstractFull Text (PDF) Land Registration, Governance, and Development: Evidence and Implications for Policy WORLD BANK RES OBS (2009) 24(2): 233-266 AbstractFull Text (HTML)Full Text (PDF) Tenure Security, Resource Endowments, and Tree Growing: Evidence from the Amhara Region of Ethiopia Land Economics (2009) 85(2): 292-307 AbstractFull Text (PDF) Is Land Titling in Sub-Saharan Africa Cost-Effective? Evidence from Madagascar WORLD BANK ECON REV (2007) 0(2007): lhm011v1-25 AbstractFull Text (HTML)Full Text (PDF) Reforming Land Rights: The World Bank and the Globalization of Agriculture Social Legal Studies (2005) 14(2): 147-177 AbstractFull Text (PDF) Credit access and transferable land rights OXF ECON PAP (2004) 56(1): 151-166 AbstractFull Text (HTML)Full Text (PDF) How Types of Goods and Property Rights Joint

Aren't we all familiar with the drill of a job interview? The many questions one must field to prove one's eligibility? "Tell us something about yourself…" "Where do you see yourself 5 years from now…" "What do you intend to do differently…" Similarly, before choosing a real estate portfolio manager, it is important to conduct a little 'interview' of your own to choose the right one - basically, we mean, just ask them the right set of questions, to ascertain their competency! If you are an NRI investor with property/properties in India, managing them from abroad can get quite challenging. After all, buying the property is only the first step. Deciding whether to keep it vacant or to let it out, upkeep and maintenance, selecting the right tenants and managing them, dealing with taxations and legal matters, etc. - all these needs due attention and action. For this, you need the services of a property manager - or rather, a real estate portfolio manager! Let's look at some of the questions you could ask to select the appropriate real estate portfolio manager.

What exactly is title insurance? It's a kind of insurance which protects you from financial loss resulting from defects in the title to real property. Title insurance protects your ownership rights from claims against it and guarantees a seller has proper title to a property and can legally transfer it to someone else.

Always check the lending terms before commitment as it give you satisfaction that you are taking home the right offer. Do check the legality of the lender before giving your details as it helps to avoid any possibility to struggle with trap of fraud lenders. Get more information related long term loans - https://medium.com/@serginbrown/understand-the-vital-features-attached-with-long-term-payday-loan-before-borrowing-d6cc97a2c1c2#.p504kquej

In this blog post I'm going to be looking at Party Wall Awards and in particular how long they are valid for after the date of their service. For those readers that don't know what a Party Wall Award is, in short a Party Wall Award is the conclusion of the Party Wall procedures and gives a building owner the legal right to commence the proposed works to his property...

This is the division of all "property" between married or de facto couples who seek divorce or separation. "Property" is quite widely interpreted in the family law system and includes pretty much everything that is capable of being owned.