1.0 INTRODUCTION
Land use, land valuation is among the oldest questions in economic theory, (Shave 11. 2004). Land is an essential input (Factors of production) for agriculture, and agriculture is by far the most important economic activity in preindustrial societies. With the advent of Industrialization, important new uses for land emerge as sites for factories, warehouses, offices and urban agglomerations. Also the value of real property taking the form of man-made structures and machinery increases relative to the value of land alone. The concept of real property eventually comes to encompass effectively all forms of tangible fixed capital.
1.1 BACKGROUND OF THE STUDY
With the rise of extractive Industries, real property comes to encompass natural capital. With the rise of tourism and leisure, real property comes to include scientific and other amenity values starting in the 1960’s as part of the emerging field of law and economics, economist and legal scholars began to study the property rights enjoyed by tenants under the various estates and the economic benefits and cost of the various estates (Epstein 2007). This resulted in a much improved agriculture and agriculture is by far the most important economic activity in pre industrial societies.
With the advent of Industrialization, important new uses for land emerge as sites for factories, warehouses, offices and urban agglomerations especially in Imo state. Also the value of real property taking the form of man-made structures and machinery increases relative to the value of land alone. The concept of real property eventually comes to encompass effective capital forms of tangible fixed capital. With the rise of extractive industries, real property comes to encompass natural capital. With the rise of tourism and leisure, real property comes to include scenic and other amenity values.
Starting in the 1960’s as part of the emerging field of law and economics, economist and legal scholars began to study the property right enjoyed by tenants under the various estates, (Epstein, 2007). This resulted in a much improved understanding of the property rights enjoyed by tenants under the various estates.
These include the right to:
1.2 STATEMENT OF THE PROBLEM
1.3 OBJECTIVES OF THE STUDY
The objective of this study is to develop a software that will keep Information:
1.4 SCOPE OF THE STUDY
This research work is limited to land Information storage and retrieval using ministry of land and housing Imo as a case study. The software developed will be carried out using PHP to manage the data base.
1.5 SIGNIFICANT OF THE STUDY
The project work will help in a good number of ways to make land Information available to users. The software developed can:
1.6 DEFINATION OF TERMS
Databases: A systematically arranged collection of computer data, structured so that it can be automatically retrieved or manipulated. It is also called data bank.
Fee Tail: Under common law, this is hereditary, non-transferable ownership of real property.
Feudal Land Ownership: A system of mutual obligation under which a royal or noble personage granted a fiefdom.
Leasehold: Under both common law and civil law, land may be leased or rented by its owner to another party, a wide range of arrangement are possible, ranging from very short terms to the 99 years leases, allowing various degrees of freedom in the use of the property.
Life Estate: Under common law, this is an interest in real property that ends at death.
Property:- is any physical or Intangible entity that is owned by a person or jointly by a group of persons.