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Legislation

This Act makes provision with respect to the management and administration of public lands. The Act establishes a division within the Department of Land and Natural Resources for the management and administration of public lands and transfers the Pohnpei Public Lands Trust to this division. The…

Legislation

This Chapter provides for selected matters relating to ownership of immovable property. Subject to certain exceptions, it declares that only citizens of the state of Pohnpei or corporations wholly owned by citizens of the state of Pohnpei may hold title to land in the state of Pohnpei. It refers…

Legislation

This Act provides rules relative to entering into or modification of a development lease, i.e. a commercial lease or combination of interconnected commercial leases that may contain an expanded term not to exceed 55 years. The Act provides also for control of (modification) of lease agreements…

Legislation

This Act makes provision for the establishment and execution of mortgages and other matters relating to land-based credit. Its purpose is to establish a system of mortgage law in Pohnpei which will induce lenders to make secured commercial and residential loans, while at the same time ensuring…

Legislation

This Act makes provision with respect to deeds of trust in respect of land. Its purpose is to provide for a satisfactory method of securing the financing of improvements to real property by the United States of America acting through various agencies.A deed of trust is a conveyance of the…

Legislation

This Chapter concerns use and lease of public land. The Public Lands Trust Board of Trustees may, subject to provisions of this Chapter, authorize use and lease agreements in respect of public lands. Land may be leased to foreign companies but only for the time they are doing business in Pohnpei…

Legislation

This Chapter establishes procedures to be followed by the Pohnpei Government in the exercise of its inherent power to acquire real property by eminent domain. “Eminent domain” is the right of the Pohnpei Government or a state legal entity as may be provided for by state law in accordance with…

Legislation

This Chapter sets out conditions and procedures for non-judicial foreclosing on the property of a debtor by the creditor. The Chapter sets out when and how a creditor may take possession of the property with or without notice, but only if this can be done without breach of the peace. The Chapter…

Legislation

This Act prescribes rules relative to the making of a valid will and the consequences of a will for inheritance of (real) property belonging to the person who made the will.

Legislation

This Chapter establishes rules for the fair and equitable treatment of persons displaced by the acquisition of real property by the Pohnpei Government and local land acquisition programs or by programmes that require relocation. If an agency acquires real property for public use, it shall make…

Legislation

This Chapter sets out conditions and procedures for judicial foreclosing on the property of a debtor by the creditor. The creditor may bring a civil action for foreclosure in such manner as the court may order. The creditor may at any time abandon non-judicial foreclosure procedures and proceed…

Legislation

This Act concerns the distribution of land held in the public trust. The purpose of this Act is to distribute lands held in trust for the people of Pohnpei to beneficiaries of the trust who have entered upon, developed, and possessed such lands for agricultural purposes pursuant to leasehold or…