If a person lands on the mortgaged station, they don't have to pay. If they land on the other, they pay what they normally would (because you still own the mortgaged station).
the monopoly board game is based on the reality of real estate.
Monopoly.
A monopoly is when you own/dominate an industry.eventually you will be so powerful you will either buy out competitors or run them out of business.After you do that you are the only person that is able to provide your services.So since you are the only one standing you can name your price and the customer will have to pay you.no one else just you.NOTE:it is now illegal to own a monopoly
A monopoly is when you own/dominate an industry.eventually you will be so powerful you will either buy out competitors or run them out of business.After you do that you are the only person that is able to provide your services.So since you are the only one standing you can name your price and the customer will have to pay you.no one else just you.NOTE:it is now illegal to own a monopoly
A "monopoly" is the control of a commodity or service by one group (usually a small number of companies) so that they control the available supply - they can profit because they can charge whatever prices they want. The board game of Monopoly applies this on a limited basis by allowing property owners to charge much larger rents when they have control of an area of the board (the colored property groups). By developing these even further with houses and hotels, they can command ever larger fees from other players who land on their properties. Property groups where monopolies are not formed can only charge comparative small rents and are thus at a competitive disadvantage.
The person in charge, or owning the gambling table is referred to as the 'Dealer'.
You need to talk to a lawyer for a correct, legal and current answer.
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If a person dies intestate owning real estate an administration of the estate must be filed in order to vest title to the real estate in the heirs. Until that is done, the heirs don't legally own the property and it cannot be sold or mortgaged.
You would think so ... this might be the same thing as a "confession" when owning up to a chargeable crime.
You need a lawyer familiar with firearms law for your location to get a legal and correct answer.
It is a business or company owning all or mostly that one single trade. For example Microsoft ending up owning the computer industry making it hard for other computer/software companies from moving forward. Only the US Congress can declare monoplies.