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This Chapter places restrictions on the holding of land by foreigners in the State of Chuuk. It prescribes that only citizens of the Trust Territory or corporations wholly owned by citizens of the Trust Territory may hold title to land in the Trust Territory provided that the right, title, or interest of non-citizens or their heirs or devisees, in lands in the Trust Territory held by such persons prior to a specified date shall be safeguarded.
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Library Resource
This Chapter makes provision for the survey and registration of land in the Trust Territory and provides that for this purpose there shall be a land commission in each administrative district of the Trust Territory. Each commission shall supervise surveys and proceed with the registration of as much of the land as practical within such registration areas within its district as it determines and may determine the ownership of any land in its district. Each commission shall appoint land registration teams and designate registration areas.
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Library Resource
This Chapter provides for the creation of District Land Offices for each district in the Trust Territory and the appointment of a District Land Title Officer for each district.The functions of the District Land Offices shall be to: (a) determine the extent of public lands within the district; (b) administer, manage and control such public lands; and (c) administer claims arising out of or pertaining to the use or occupation of private lands by the United States government or any of its agencies, or by the government of the Trust Territory within the district, in accordance with the laws of
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Library Resource
This Chapter provides for the recording of transfers of or encumbrances upon land by the clerks of court of each district in the State of Chuuk. The Chapter also defines the effect of failure to record such transfer or encumbrances.
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Library Resource
This Chapter lays down rules relative to the division of public lands. It specifies powers and duties of the Chief of Lands and Surveys regarding the subdivision of public land and in particular lands that are adjacent to the sea or tidal areas. Reasonable public access shall be secured in public areas to be subdivided or offered for sale.
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Library Resource
This Chapter declares the national policy to preserve for public use historic sites, buildings and objects of territorial significance for the inspiration and benefit of the people of Micronesia, establishes the Historic Sites Commission and defines functions and powers of the Commission and the Deputy Director for Resources and Development in respect of the preservation of historical sites and artefacts. The Deputy Director may acquire land with the consent of the owner.
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Library Resource
This Chapter concerns the designation of homestead areas and the establishment of such areas and specifies requisites for eligibility and conditions for the entry upon and occupancy of public land in homesteading areas. Lands suitable for agricultural or grazing purposes or for the establishment of community sites, and which are not required for government use or reserved for other purposes by any other provision of law, may be designated by the High Commissioner for homesteading purposes.
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Library Resource
This Chapter authorizes the district administrator of each administrative district to execute leases and other use agreements of public land of a duration of not more than 25 years to Trust Territory citizens or corporations or other business associations wholly owned by citizens of the Trust Territory. Such leases or other use agreements shall be on forms approved by the Attorney General and shall be granted in accordance with the policies established by Law or by Regulations issued by the Land and Claims Administrator and approved by the High Commissioner.
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Library Resource
This Chapter contains rules relative to the acquisition of real property by the government, i.e. Territory government, the district or municipal governments or the agencies created by the above enumerated governmental divisions. It sets out procedures for such acquisition and requires the government to observe certain criteria regarding acquisition regarding necessity of acquisition, just payment (including payment for improvements), timing, etc.The Chapter also grants powers to the High Commissioner to issue Regulations to implement this Chapter.
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Library Resource
This Act provides for the establishment of the Federated States of Micronesia Development Bank as a body corporate, defines its functions and powers and internal organization.The Bank shall be instrumental in: mobilizing additional financial resources for development; providing of loans for projects; technical assistance; and administration of trust funds and special funds. Foreign ownership of the Bank is prohibited because of the legal capacity of the Bank to acquire, own title to, dispose of, and otherwise deal in land and waters in the Federated States of Micronesia.
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