Urbanized areas are densely populated, mostly non-agricultural areas. Urban development began during the Neolithic Age with the rise of agricultural technology. People began migrating to population centers and implementing urban planning techniques. Urban https://broker-review.org/beaxy-exchange/ planning is the developmental phase of designing the layout and organization of the urban area. Urban settlements use a large number of resources but are also the main centers of industry. Some examples of urban areas are cities or metropolitan areas.
Compact vs. Dispersed
- These examples are programmatically compiled from various online sources to illustrate current usage of the word ‘settlement.’ Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
- Some online lending and credit card agreements may provide different iterations of settlement statements that a borrower receives electronically.
- Compact settlements take up the least amount of space possible.
- The order also deals with payment of costs, and payments of money out of court if any money is held by the court (as these are matters which must be dealt with by Court Order).
- This meant that Palestinian taxi drivers had to drive through the Israeli settlement of Bet El.
In class actions, for example, attorneys represent a large group of plaintiffs, known as the class, who typically seek damages from a company or organization. Courts review the terms of a class action settlement for fairness. Complexities also arise in cases involving multiple defendants. In particular, when only some of the defendants agree to settle, the court must determine the share of liability that accrues to those defendants who choose to pursue litigation.
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The plaintiff typically agrees to forgo any future litigation against the defendant, and the defendant agrees to pay the plaintiff some monetary amount. Additionally, settlements can require the defendant to change a policy or stop some form of behavior. Settlements are places where people live and sometimes work. The Pakistan Bureau of Statistics records population in units of settlements called Tehsil – an administrative unit derived from the Mughal era.
Rural Settlements
Clearing involves modifying those contractual obligations so as to facilitate settlement, often by netting and novation. Settlements that are close together are called compact settlements, and they can be rural or urban settlements based on how the settlement was designed. Compact settlements consist of structures that were closely built together with residential and commercial areas being zoned away from the agriculture or the environment. Compact settlements take up the least amount of space possible.
Legal Definition
These settlements usually just have a few homes or agricultural facilities that are spaced away from other buildings. Dispersed settlements have little to no public services or access to advanced technology. Yes, a closing statement is commonly used to refer to the settlement statement in a real estate transaction.
There’s no consensus on what makes a rural settlement and what makes an urban one. Dispersed settlements can be found in difficult-to-reach places like arctic areas, the middle of deserts, mountainous regions, deep in jungles, etc. Dispersed settlements do not have a nucleated structure, which means there are no centralized buildings or very little publicly shared buildings.
Settlements can consist of advanced infrastructure like highways, towers, and parks or settlements can have basic features like irrigation systems and earthen enclosures. In the market crash of 1987, many investors sought to limit their losses by selling their securities, but found that the failure of timely settlement left them exposed. The Real Estate Settlement Procedures Act (RESPA) governs the formulation of both closing disclosures and trade99 review HUD-1 statements for the mortgage lending market. RESPA has been revised and updated throughout history to help manage mortgage lending disclosures and protect borrowers. RESPA requires a HUD-1 settlement statement for borrowers involved in a reverse mortgage and the mortgage closing disclosure for all other types of mortgage loans. After the trade and before settlement, the rights of the purchaser are contractual and therefore personal.
The Census Commission of India has a special definition of census towns. Suppose you wish to find out what words will translate the date of the settlement of Jamestown, Va., 1607. There, the South Americans mated with Polynesian inhabitants during the initial period of discovery and settlement of those remote islands, researchers say. These examples are programmatically compiled from various online sources to illustrate current usage of the word ‘settlement.’ Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Dispersed settlements are often in remote locations and very far away from other settlements. Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia.
In business law, the payment, satisfaction, and closing of an account. A year later, the suit ended in a settlement, the details of which remain confidential. There are tons https://forex-review.net/ of people; it would be impossible to know all of them! Not only that, but there are many, many streets, some with businesses and some with residences and some with both.