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Property owners pursue parcel splits for various reasons, including: Development: Subdividing a larger property into smaller lots to build multiple residences or commercial structures. Inheritance Planning: Passing down portions of a property to heirs while maintaining ownership of the remaining land.
Sep 5, 2024 · The newly implemented Homestead Property Tax Credit is designed to help senior citizens manage their property tax liabilities more effectively. Here are the key points of the new law: Eligibility: Missouri residents who are 62 years or older, own their home, and are liable for real property taxes.
Jul 27, 2015 · This article focuses on the different types of property ownership in Missouri. Property can be owned solely by one person or organization, or ownership can be shared by more than one party. Sole ownership is obviously the simplest, most straightforward type of possession.
Jun 10, 2024 · In Missouri, property owners have specific rights and responsibilities under the law when it comes to trespassing and protection of their property. Understanding these allows owners to take appropriate and lawful actions to assert their rights and set preventive measures.
Jun 20, 2016 · Property and real estate laws affect renters and landlords as well as home owners (or prospective home owners). Most states, including Missouri, have "homestead" protection laws allowing property owners to protect a small parcel of property from creditors and adverse possession laws, which allow "continuous trespassers" to gain title to an ...
Feb 5, 2019 · Read on to learn more about basic property rights and to find out how these rights can be affected by laws, ordinances, codes, and covenants.
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Mar 25, 2024 · In Missouri, disagreements over easements can arise from numerous causes. Here are some common triggers for easement disputes: Encroachment: This occurs when a property owner exceeds the bounds of their easement, using a portion of the property not included in their easement rights.