Property Law in the United Kingdom

The United Kingdom has different property law systems for England and Wales, Scotland and Northern Ireland. The Property law in England and in Wales comes from English Common Law System which dates back to the feudal system of land ownership.

Property is something that is owned by a person or entity. English law of property is divided into two types: ‘Personal property’ and ‘Real property’. Real is any interest in land, real estates, growing plants or the improvements and developments on it and Personal is everything else.

The basic theory of English Property law of land is that all land in England and Wales is owned by the crown. The individual does not own the land but merely holds it from the Crown. When the grant of land is made to a person, he would be entitled to hold the land for a particular period of time.

The word ‘estate’ refers the length of time for which the land is held. Estates were divided into two main groups: estate of freehold and estate of leasehold (before 1925, known as estate less than free hold).

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In Bulgaria, every Ivan, Dimitar and Georgi wants to be an estate agent. Doesn’t leave much room for a Nottingham boy with a knack for spotting good land. But with a new avalanche of English property buyers about to hit the market and most of the cash destined for the Black Sea Coast, it’s all business for the agents, but are the buyers getting the most from their Bulgaria property investment?

Why here? It’s not just the good value of the land. Take a walk through a blizzard in Sofia, the capital city, like I did last winter. The snow is falling thick and fast and cars fly past me down the boulevard seemingly trying to break the world land speed record. Realising that I have a free afternoon I turn my head and through the falling snow and over the rooftops I can make out the looming white shape of Vitosha mountain. Let’s time this. Forty-nine minutes later I am looking down on the city with a snowboard attached to my feet flying down the mountain at death defying speed. What a place to live; work in the morning, snowboard in the afternoon. A lazy countryside, yet more rugged mountains and quaint villages lie a few kilometres beyond. Beaches stretch along the coast further out.

Of course there is more to Bulgaria than a few mountains and beaches. The countryside is varied and spectacular, littered with pretty villages. The people are warm and friendly and will invite you to drink a rakya with them, not caring that you don’t speak a word of each others language. On semi-major roads it is not uncommon to see a top of the range BMW overtaking a horse and cart. Eating out in a fresh seafood restaurant is cheap and the fresh fruit you find at road side stalls along the highway is some of the most delicious I have ever tasted. The country is also a major exporter of quality wine.

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Sea Pines Resort – Hilton Head Island, SC

In 1956, just five short years after the introduction of electricity onto Hilton Head Island, Charles Fraser purchased land on the southwestern tip of the island in order to develop the community now known as Sea Pines Plantation. The first of Hilton Head’s plantation communities, Sea Pines covers over 5,000 acres of thriving natural environment reminiscent of Eden and offers over five miles of gorgeous public-accessible beaches.

Real Estate Information – Homes, Condos, Lots

In 1958, the first deed to a Sea Pines Plantation lot was signed and within four years, beachfront prices grew by close to 50%. Examining the current real estate market for new homesites, homes, villas, and condos, it’s easy to see why the prices have continued to grow so drastically. From small, picturesque cottages to sprawling mansions, the Sea Pines Plantation community contains everything you could want when looking to invest in a home. Numerous single- to five-bedroom homes are available, ranging from $450,000 to over $8,000,000.

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