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Displaying 16 - 20 of 40Chapter 4 of Title 11 of the Kosrae State Code - The Deed of Trust.
This Chapter specifies rules relative to the writing, transfer, foreclosure, etc. of a deed of trust and defines legal consequences and proceedings in relation with the creation or foreclosure of a deed of trust. A transfer in trust of an estate in real property may occur to secure the performance of an obligation or the payment of a debt. A transfer does not entitle the trustee or beneficiary to the possession of the property, except as provided in this Chapter.
Chapter 1 of Title 11 of the Kosrae State Code - Public Land.
This Chapter provides for procedures for the acquisition of land for public purposes by the State of Kosrae and transfer of title in public land.As for acquisition of land, the State shall conduct friendly negotiations with the owner of the land, and only after failure to acquire the land in such manner, may initiate court action aimed at expropriation. The Chapter sets out the criteria for acquisition of land for public use. As for transfer of title of public land, this may be done by the Governor upon approval of the Legislature.
Chapter 2 of Title 11 of the Kosrae State Code - Land Use Planning.
This Chapter requires the Governor of the State of Kosrae to submit to the Legislature a proposal of legislation for the regulation of the use of land and other forms of real property within one year following the taking effect of a piece of law called the "Compact of Free Association's".
Chapter 2 of Title 67 of the Trust Territory Code - District Land Office.
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
Chapter 7 of Title 67 of the Trust Territory Code - Lease of Public Lands to Citizens.
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.