Black People : THE ULTIMATE QUESTION... What does ownership actually mean???

Discussion in 'Black People Open Forum' started by Light, May 9, 2011.

  1. Light

    Light Well-Known Member MEMBER

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    I listened to a interesting comment made;

    While the problemz in Mississippi grow due to the uncontrollable water rising the government has possessed many peoplez land...

    The people are given a amount for the land and that is the end of it....


    I really question the ideal of "what is it that people really own" ???


    The same question dealing with paying land tax on property purchased and having to pay for a house for long periodz of time....



    Riddle me this ....

    This is the big question....



    DO YOU REALLY OWN ANYTHING IF YOUR STILL PAYING FOR IT OR IF SOME ONE CAN TAKE IT AWAY FROM YOU ???
     
  2. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    If you are paying taxes on land, you don't own the land. You have an interest in the land or right of use. The land is actually owned by the State as overlord. You are a tenant. Even says so on the deed.

    People don't own many things they believe they "own".

    What most people actually "own" with regard to the land is an estate or an abstract of land.

    If you are interested, I can go into the history and law of all of this.....
     
  3. Light

    Light Well-Known Member MEMBER

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    Yes;

    Pleaze do because we all need to learn ... and Overstand instead of "understand"
     
  4. Destee

    Destee destee.com STAFF

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    Shikamaru ... Welcome Welcome Welcome ... :wave:

    Thank you for joining us and sharing.

    I've been reading your posts, and the energy is so great, it's an honor to have you with us.

    I agree with what you've said above, and am interested in reading more about it.

    Thanks for everything, and please make yourself at home, because you are.

    Much Love and Peace.

    :heart:

    Destee
     
  5. Kamau47

    Kamau47 Well-Known Member MEMBER

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    According to my wife; "What's mine is mine, and what's yours is debatable".
    :thinking::thinking::thinking:
     
  6. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    Land law and real estate in these United States has its roots in feudalism. Remnants of that feudalism are still with us today. Feudalism has its roots in Roman history, but that is another subject for another day.
    49 of the 50 States of the Union had adopted English Common Law as its law (Louisiana adopted Roman Civil Law). Law today is more Roman Civil Law than Common Law, but that is another story for another day :).

    In England, all land belonged to the King by radical title. This is after the invasion of William the Conqueror in 1069. Prior to this, people held their land in allod. The King held allodial title to land from this moment forward. Some of the subjects were given land in exchange for services owed to the King such as fighting in the King's army when called as well as other duties. Subjects tenured (held) an abstract of the land known as an estate. The services are servitudes. These services transitioned into money payments. These money payment services became property taxes here in the States.

    Highest form of ownership a tenant can have is fee simple absolute or freehold tenure.

    In many States, government assumed the duties and privileges of "King". The cover story for property taxes is that the monies go for services that benefit you such as fire, police, public schooling, as well as government.

    The land is registered. Most people have their property tied up in commerce with mortgages and liens.

    You as tenant hold the land so long as you pay taxes (servitudes) to the State (overlord). Failure to pay for so many years will result in a foreclosure of the property to go back in the hands of the State.

    Failure to pay taxes results in liens being placed upon the home. This is one of many reasons for the registration of the land.

    There is a whole lot more than this. It is worthy of its own thread.
     
  7. Destee

    Destee destee.com STAFF

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    Thank You!! :toast:

    This is so good ... some words i've never heard before, and i'm sure i'm not alone!

    Thank you for TEACHING us! :love:

    I agree too, that it is deserving of its own thread ... i was actually thinking that in anticipation of reading your elaboration ... in our Black Law Forum! :D

    So i'm gonna do that, copy your post above, to a new thread ... titled ... Land Law and Real Estate In the USA ... :)

    YAAAAAAAAAAAAAAAAAAAAAY USSSS !!! :toast: :toast: :toast:

    Please do share more, in this thread, the new thread i'm gonna make, or any thread you wanna!

    Brother Light ... thank you too for presenting such a great topic ... that started it all !!! :grouphug:

    Much Love and Peace.

    :heart:

    Destee
     
  8. lilpea

    lilpea Moderator STAFF

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    Greetings Light...

    For me it's not the ownership of the land that counts... it's the resourses , of the land that is important. I know your are talking about the small lots that a home might stand on. But let's look a broader view. Some folk may be lucky enough to purchase acres of land ..from let's say 5 and up. There may be timber on this land ...waterways...gas...and yes even oil. But all they see is the beauty of the land. These resources equal money so why let others exploit your land and make a profit off of it. We must learn to do our own surveys to find out what the land is really worth. Many of our parents left the rule areas that had plenty of resources. They didn't take into account the resources of the land and got cheated. This is just my opinion.

    Lilpea...:1on1:
     
  9. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    I hadn't considered this point at all. Thank-you.
     
  10. Kamau47

    Kamau47 Well-Known Member MEMBER

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    Agreed, the land has resources that has worth.
    But sometimes, it's just the land itself that is valuable. Like in my city, they are tearing down the old run-down homes. But before another home is built on it, the adjoining neighbors are offered an opportunity to buy it. A couple of families I know took the offer just to have a bigger yard, and made it into such. So the land itself was valuable to them and not what it held.
     
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