Josh Tippett of SignaCert:
Hi!
Josh Tippett of SignaCert:
Is this legal to buy? How do I enforce my ownership?
Call accepted by operator Michelle. Currently in room: Michelle, Josh Tippett of SignaCert.
Michelle:
Sorry, Josh -- it's after hours, and I neglected to log off. One moment, please...
Josh Tippett of SignaCert:
Oh, sorry
Michelle:
No problem! I was here finishing up a few details. This is perfectly legal ... in essence, you're claiming the land as your own. We're simply the registrar on your behalf.
Josh Tippett of SignaCert:
Are there any restrictions on my land? Can I put anything there?
Michelle:
"Anything" is a fairly broad term. Specific areas are zoned for specific purposes; for example, some areas are zoned for tourism, while others are set aside for research, and others for mining and resource development.
Josh Tippett of SignaCert:
Ah, that makes sense... my boyfriend was wondering if there are any unlisted property taxes that I would have to pay annually?
Michelle:
There are no taxes ... at this time. In the future, property owners (and whatever form of governance the property owners/citizens set up) will be responsible for taxes and other revenue collection. We are not part of that process.
Josh Tippett of SignaCert:
Oh, makes sense... what are the policies w/ regard to transfer of property, can I "eBay it" at an inflated price?
Michelle:
You may transfer ownership of the property to anyone at any time, at whatever price you and the other party agree to. (You may also will the property to another person.)
Josh Tippett of SignaCert:
Ok, do you update certificates at a cost when the transfer occurs?
Michelle:
We do currently charge an $8 (USD) fee for processing updated documents -- if they are required. Otherwise, simply updating an ownership record is done at no charge to either party.
Josh Tippett of SignaCert:
Ok, thanks... well that answers all of our questions. Sorry for keeping you working late. Thanks again.
Michelle:
Never a problem! Thank you very much, and enjoy the rest of your day!
Josh Tippett of SignaCert:
You too
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