Land Ownership - Revision history

Tao alexis at 17:46, 19 March 2025

2025-03-19T17:46:15Z

Tao alexis: /* Land Credit */

2023-11-24T17:22:18Z

Land Credit

Tao alexis: /* Land Credit */

2023-11-24T17:21:48Z

Land Credit

Tao alexis: /* Unowned Land */

2023-11-24T17:21:30Z

Unowned Land

Tao alexis at 17:19, 24 November 2023

2023-11-24T17:19:33Z

Tao alexis: /* Cost of Land */

2023-11-24T16:51:54Z

Cost of Land

Tao alexis at 07:57, 24 November 2023

2023-11-24T07:57:07Z

Tao alexis: /* Cost of Land */

2022-12-16T20:23:49Z

Cost of Land

Tao alexis at 20:23, 16 December 2022

2022-12-16T20:23:18Z

Tao alexis: /* Unowned Land */

2022-12-16T20:18:55Z

Unowned Land

@@ Line 7: / Line 7: @@
 In those [[Sheet Maps|map hexes]] that possess no [[Coin (symbol)|coin symbols]], the residents of the land are considered in the process of homesteading, effectively '''squatting''' on the land.  Officially, these squatters don't "own" the land; but they are also outside the attention of [[Politics (sage study)|authorities]], who have minimal capacity to manage their own lands, due to a lack of resources or concern for "backcountry" parts of the realm.  That said, homesteaders are subject to fees imposed by [[Tax Farming|tax farmers]].
-Thus homesteaders are tolerated, until such a time as the development of these lands promotes a sufficient degree of economic interest.  The tipping point comes when the hamlet in a [[Type-5 Hex|type-5 hex]] reaches a level of development that it becomes a "village," at which point the locale advances in its accumulation of [[Hammer (symbol)|facilities]] and gains a coin through financial interest.
+Thus homesteaders are tolerated, until such a time as the development of these lands promotes a sufficient degree of economic interest.  The tipping point comes when the hamlet in a [[Type-5 Hex|type-5 hex]] reaches a level of development that it becomes a "[[Village|village]]," at which point the locale advances in its accumulation of [[Hammer (symbol)|facilities]] and gains a coin through financial interest.
 At this point, the local authorities become interested, acting to assess the land occupied by homesteaders, imposing a fee to certify ownership for the occupier, and then imposing [[Taxation|taxes]].  Thereafter, the squatters become legal owners (unless disallowed for social or legal reasons), and therefore registered [[Freeholder|freeholders]].

@@ Line 13: / Line 13: @@
 Anyone can homestead at any time, by simply finding empty land in any [[6-mile Hex Map|hex]] lacking a coin, building a house and proceeding to [[Farming (sage ability)|farm]].
-== Land Credit ==
+== Land Value ==
 Under certain circumstances, land can be put up as a [[Land as Security|security]] for [[Debt|debts]], and therefore held as collateral for a [[Mortgage|mortgage]].  This worked differently in the medieval-Renaissance time period than it does today.  At that time, the borrower gave the lender the right to take possession of the property if the borrower failed to repay the debt within a specified time. In essence, the mortgage was a conditional conveyance of the property that would be void if the borrower repaid the debt on time.  Standardised contracts, interest rates and extensive legal frameworks did not exist at that time.

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 Under certain circumstances, land can be put up as a [[Land as Security|security]] for [[Debt|debts]], and therefore held as collateral for a [[Mortgage|mortgage]].  This worked differently in the medieval-Renaissance time period than it does today.  At that time, the borrower gave the lender the right to take possession of the property if the borrower failed to repay the debt within a specified time. In essence, the mortgage was a conditional conveyance of the property that would be void if the borrower repaid the debt on time.  Standardised contracts, interest rates and extensive legal frameworks did not exist at that time.
-The value of land varied.  Land was often valued based on its agricultural potential. The fertility of the soil, access to water sources, and the land's ability to support crops or livestock are significant factors.  Proximity to trade routes, towns, or resources also influence land value.  Land closer to markets or with easy access to transportation is generally more valuable.  Valuation methods are less standardized, and assessments more subjective, relying heavily on local knowledge, customs, and the expertise of individuals within communities, such as land surveyors or local authorities.
+The value of land varies.  Land was often valued based on its agricultural potential. The fertility of the soil, access to water sources, and the land's ability to support crops or livestock are significant factors.  Proximity to trade routes, towns, or resources also influence land value.  Land closer to markets or with easy access to transportation is generally more valuable.  Valuation methods are less standardized, and assessments more subjective, relying heavily on local knowledge, customs, and the expertise of individuals within communities, such as land surveyors or local authorities.
 === Rural Property ===

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 In those [[Sheet Maps|map hexes]] that possess no [[Coin (symbol)|coin symbols]], the residents of the land are considered in the process of homesteading, effectively '''squatting''' on the land.  Officially, these squatters don't "own" the land; but they are also outside the attention of [[Politics (sage study)|authorities]], who have minimal capacity to manage their own lands, due to a lack of resources or concern for "backcountry" parts of the realm.  That said, homesteaders are subject to fees imposed by [[Tax Farming|tax farmers]].
-Thus homesteaders are tolerated, until such a time as the development of these lands promotes a sufficient degree of economic interest.  The tipping point comes when the hamlet in a type-5 hex reaches a level of development that it becomes a "village," at which point the locale advances in its accumulation of [[Hammer (symbol)|facilities]] and gains a coin through financial interest.
+Thus homesteaders are tolerated, until such a time as the development of these lands promotes a sufficient degree of economic interest.  The tipping point comes when the hamlet in a [[Type-5 Hex|type-5 hex]] reaches a level of development that it becomes a "village," at which point the locale advances in its accumulation of [[Hammer (symbol)|facilities]] and gains a coin through financial interest.
-At this point, the local authorities become interested, acting to assess the land occupied by homesteaders, imposing a fee to certify ownership for the occupier, and then imposing [[Taxation|taxes]].  The squatters become legal owners (unless disallowed for social or legal reasons), and therefore registered [[Freeholder|freeholders]].
+At this point, the local authorities become interested, acting to assess the land occupied by homesteaders, imposing a fee to certify ownership for the occupier, and then imposing [[Taxation|taxes]].  Thereafter, the squatters become legal owners (unless disallowed for social or legal reasons), and therefore registered [[Freeholder|freeholders]].
-Anyone can homestead at any time, by simply finding empty land in any hex lacking a coin, building a house and proceeding to [[Farming (sage ability)|farm]].
+Anyone can homestead at any time, by simply finding empty land in any [[6-mile Hex Map|hex]] lacking a coin, building a house and proceeding to [[Farming (sage ability)|farm]].
 == Land Credit ==

@@ Line 14: / Line 14: @@
 == Land Credit ==
-Under certain circumstances, land can be put up as a [[Land as Security|security]] for debts,
+Under certain circumstances, land can be put up as a [[Land as Security|security]] for [[Debt|debts]], and therefore held as collateral for a [[Mortgage|mortgage]].  This worked differently in the medieval-Renaissance time period than it does today.  At that time, the borrower gave the lender the right to take possession of the property if the borrower failed to repay the debt within a specified time. In essence, the mortgage was a conditional conveyance of the property that would be void if the borrower repaid the debt on time.  Standardised contracts, interest rates and extensive legal frameworks did not exist at that time.
 See also,<br>
 [[Property Tax]]<br>
 [[Rent]]<br>
@@ Line 23: / Line 33: @@
 [[Tallage]]
-[[Category: Economics]][[Category: Incomplete]]
+[[Category: Economics]][[Category: Reviewed]]

← Older revision		Revision as of 07:57, 24 November 2023
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−	[[File:Land Ownership.jpg\|right\|560px\|thumb\|~~Horst Baumgart~~]]	+	[[File:Land Ownership.jpg\|right\|560px\|thumb\|]]
	'''Land ownership''' is the fact of legal possession and control over property consisting of real estate, which may consist of physical land or buildings. Real estate may be gained, transferred or won in a bet, received as a gift or inherited. Importantly, land can also be found and homesteaded.		'''Land ownership''' is the fact of legal possession and control over property consisting of real estate, which may consist of physical land or buildings. Real estate may be gained, transferred or won in a bet, received as a gift or inherited. Importantly, land can also be found and homesteaded.

← Older revision		Revision as of 20:23, 16 December 2022
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	== Cost of Land ==		== Cost of Land ==
−	''~~To be addressed later~~''	+	''This is a placeholder for further content.''