Ownership of Land definition

Ownership of Land. Only natural persons or legal entities of Khmer nationality (at least 51% of the equity held by Khmer Nationality) shall have the right to ownership of the land in the Kingdom of Cambodia. The State may also provide to natural persons or legal entities of Khmer nationality ownership over immovable property belonging to the State within the strict limitsset forth in the Land Law. A Foreign Legal Entity may use the land in various forms, including concession, long term lease for 15 (fifteen) years or more, and renewable short term lease. Land Use rights include the rights on buildings, arrangements, or improvements made by the lessee fora duration specified in the contract, provided that the uses are exercised in compliance with the law in force. Source of Measure: - Constitution of the Kingdom of Cambodia, Article 44. - Land Law (30 August 2001). - Code of Civil Procedure (6 July 2006). - Law on Investment of the Kingdom of Cambodia (5 August 1994) and Law on the Amendment of the Law on Investment of the Kingdom of Cambodia (24 March 2003). - Sub-decree 114 ANKr. BK on the Mortgage and Transfer of the Rights over a Long-term lease or and Economic Land Concession (29th August 2007).
Sample 1Sample 2Sample 3
Ownership of Land means holding fee title or a qualified leasehold interest.
Sample 1Sample 2Sample 3

Examples of Ownership of Land in a sentence

  • C-29 Foreign Ownership of Land Regulations, SOR/79-416 These measures deal with foreign ownership of land.

  • Where, under one of the following clauses of the End User Access Agreement, Aurizon Network provides notice of default, suspension or termination to the End User, Aurizon Network acknowledges that it must also provide such notice contemporaneously to the Operator: clause 12 ("Force Majeure"); clause 13 ("Suspension"); clause 14 ("Termination"); and clause 17.18(e) ("Ownership of Land").

  • MEASURES Constitutional Law of the Republic of Lithuania adopted on 20 June 1996 on the Subjects, Procedure, Terms and Conditions and Restrictions of the Acquisition into Ownership of Land Plots provided for in Article 47, paragraph 2 of the Constitution of the Republic of Lithuania, Articles 3 to 5.

  • TUCSON ELECTRIC POWER COMPANY By. Vice President, System Operations and Environmental 27 EXHIBIT A OWNERSHIP AND TITLES A Ownership of Land.

  • C-29 Foreign Ownership of Land Regulations,SOR/79-416 These measures deal with foreign ownership of land.

  • Ownership of Land on which the Regional Stormwater Facility will be Constructed.

  • The Purchaser is legally eligible to purchase the Purchased Assets if they are “controlled land” as defined in the Foreign Ownership of Land Regulations (Alberta).

  • ENVIRONMENTAL DETERMINATION: The proposed action is exempt from the California Environmental Quality Act pursuant to 14 California Code of Regulations 15316 (State CEQA Guidelines, Class 16, Transfer of Ownership of Land in Order to Create Parks), because the sole purpose of the action is to facilitate the purchase of open space Board Agenda Letter Tuesday, February 05, 2008 land for a public wilderness park.

  • This Agreement will facilitate the development of systems to enable the ongoing provision of sales and transfer data on foreign ownership of all real property transactions by the States and Territory (the States) to the Australian Taxation Office (ATO) to support delivery and maintenance of the National Register of Foreign Ownership of Land Titles for the use of the Commonwealth and participating States.

Related to Ownership of Land

  • Parcel of land means the aggregate of one or more areas of land described in a certificate of title or described in a certificate of title by reference to a plan filed or registered in a land titles office;

  • Division of land means the creation from one or more parcels or building sites of additional parcels or building sites where such creation occurs at one time or through the successive partition within a 5 year period.

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Ownership Interest As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • Ownership Interests means, with respect to any Person, all of the shares of Capital Stock of such Person and all debt securities of such Person that can be converted or exchanged for Capital Stock of such Person, whether voting or nonvoting, and whether or not such Capital Stock or debt securities are outstanding on any date of determination.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Common ownership means the same or substantially similar persons or entities that maintain a

  • Interests when used herein shall have the respective meanings specified in the Declaration of Trust of the Trust.

  • Constructive Ownership means ownership of Shares by a Person, whether the interest in Shares is held directly or indirectly (including by a nominee), and shall include interests that would be treated as owned through the application of Section 318(a) of the Code, as modified by Section 856(d)(5) of the Code. The terms “Constructive Owner,” “Constructively Owns” and “Constructively Owned” shall have the correlative meanings.

  • Height of building means height measured from the abutting road and in case of undulated terrain height can be considered as average of the corresponding ground level. The parapet wall, staircase head room, lift room, water tank are excluded from the height of the building.

  • Building construction means any physical activity on the site involved in the erection of a structure, cladding, external finish, formwork, fixture, fitting of service installation and the unloading of plant, machinery, materials or the like.

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee of, the premises identified as leased Real Property on Schedule 4.4(b)(iv).

  • Tribal lands means all lands within the exterior boundaries of any Indian reservation and all dependent Indian communities.

  • Lands means the purchase of real property or interest in real property.