What is the difference between leasehold and freehold tenures? In leasehold tenures‚ the transfer of property requires the State or its equivalent to approve. For permanent title‚ there are few restrictions on the transfer of property. Unlimited rights segmentation and integration are controlled by urban planning. When state land is disposed of by the state authority to an individuals in perpetuity for an indefinite period‚ lease lengths vary and most common are 99‚ 125‚ 500 and 999 years. It is
Premium Property Contract Law
Chapter 33 1. Describe what the procedure of Pneumoencephalographic and skull X-rays are‚ how and why this was done‚ how long it takes to recover from this‚ and what the side effects are of having this done. Pneumoencephalography was a technique developed in 1919 for taking images of the brain‚ which floats in a sea of fluid. That fluid protects the brain from damage‚ but makes it very difficult to X-ray‚ since images taken through fluid are cloudy. Pneumoenceph alography involved drilling
Premium Brain Traumatic brain injury Skull
The Downside of Leaseback Jigar. Kamdar Loss of residual property value is perhaps the major disadvantage of the sale-leaseback is that the seller transfers title to the buyer. Owners can minimize this disadvantage by including a repurchase option in the leaseback. However‚ a repurchase option changes how the sale-leaseback arrangement is reported for accounting purposes. The lease will be recorded as an asset and capitalized‚ and the obligation to make the future lease payments will be shown
Premium Real estate Property Renting
October 19‚ 2010 Dr. Kirkland HIST 101-003 ESSAY EXAM 1: QUESTION 3 There were three estates that made up the population of France. The First Estate was made up of the Clergy‚ the Second of Nobility‚ and the Third of Commoners. Of these estates‚ it was the Third that constituted the majority of the population. The commoners of the Third Estate included the bourgeoisie (middle class)‚ the peasants (about 80 percent of the total population of France)‚ and the working poor‚ who were surprisingly
Premium French Revolution Louis XVI of France
The estate of a deceased person is subject to the following deductions: 1.) Expenses‚ losses‚ debts and taxes: a.) Funeral expenses -must not be more than 5% of the gross estate and not more than Php200‚000 (doesn’t include expenses after the burial.) b.) Court expenses for testate (with a will) or intestate (without a will) proceedings (including extra-judicial settlement.) c.) Debts of the deceased where the papers of said debts are notarized when they were contracted. If the loan was made
Premium Inheritance Death Tax
Industry In India the real estate sector comes second in terms of employment generation‚ the first being agriculture industry and it contributes almost 5% of the country’s GDP. Majority of the real estate developed in India (almost 80%) is residential space with the rest being offices‚ malls‚ hotels and hospitals. India leads the pack of top real estate investment markets in Asia for 2010‚ according to a study by PricewaterhouseCoopers (PwC) and Urban Land Institute. Foreign direct investment
Premium Balance sheet Generally Accepted Accounting Principles Asset
Trusts and Estates Medilin Spring 2006 Intro and Intestacy 1) Power to Transmit property at death- Dead hand Control a) Estate and gift taxes as method of restriction i) redistributes some wealth and attempts to break up accumulations of large wealth ii) gift tax prevents the use of inter vivos transfers to get around inheritance restrictions iii) spousal deduction- can give as much as want to spouse during life and at death iv) charitable deduction- also allowed to
Premium Inheritance
of governmental power? Dedication Escheat is intended to prevent property being ownerless or abandoned. Which of the following is a legal life estate? Homestead A person who has complete control of a parcel of real estate is said to own a fee simple estate. An owner conveys ownership of her residence to her church but reserves for herself a life estate in the residence. The future interest held by the church is a remainder. An owner has a fence on his property. By mistake‚ the fence extends one
Premium Easement Real property Real estate
Executive summary Despite the fluctuating economy environment and the climate of estate industry‚ the overall price of houses still keep on increasing. Ikea‚ the furniture brand‚ also begins to step into estate industry. The aims of this report are to analyze the environment and marketing mix of Ikea estate‚ and finally make a three-year project plan for Ikea estate. It seems the environment of Ikea estate is optimistic‚ despite the temporary economy recession and strict legislation. Government
Premium Marketing Strategic management
This task involves trying to give an educated guess on a linear regression model for pricing real estate using a real facts date set using numbers and facts. Normally two approaches are used for valuing a real estate property: income and sales comparison. The sales assessment approach values a real estate property based on sale prices of similar properties. In this case the properties with familiar individuality are basically on the same price level‚ it would be typical to use a linear regression
Premium Regression analysis Statistics