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Property law in Canada is a little more subtle than "You bought it, you own it"; land is provided under grant by the Crown for specific uses under certain condi
by dleslie 10y ago
Property law in Canada is a little more subtle than "You bought it, you own it"; land is provided under grant by the Crown for specific uses under certain conditions, and that grant can be transferred by sale of ownership.
You don't own the land so much as you own the right to use it under strict provisions.
http://www.thecanadianencyclopedia.com/en/article/property-law/ http://www.thecanadianencyclopedia.com/en/article/property-l...
- ghaff 10y agoAnd, even in the US, you still typically have to pay property taxes to maintain ownership, have to obey zoning laws, may need to maintain the property within certain conditions based on HOAs etc., probably don't own mineral rights, and certainly not airspace at least above a certain I'll-defined distance.