REAL ESTATE EVALUATION Concepts and definitions 1.Real estate market Real estate market plays a determinative role in every country’s economy since it is the most important asset in every citizen’s portfolio. Although real estate represents only a small percentage of G.D.P.‚ it supports the economy and significantly affects macroeconomic indexes such us consumption and investment. 1.1Characteristics of the real estate market Real estate is considered to be a very heterogeneous product with
Premium Real estate appraisal Real estate
ISSUE: Are the park homes at Bumpinyallup Caravan Park classified as Fixtures or Fittings? RULES: Fixtures are referred to by statue law as real property which is regulated by State and Territory Legislation. “Fixtures are something that has been or is or intended to be permanently attached to land to enhance the land in some way.” Nikolas James‚ Business Law‚ 2012 (1st) Edition (p. 444). Fittings are objects attached to land or buildings that are not Fixtures. The Case Law relevant to fixtures
Premium Term Law Landscape
Falling Real Estate Values Tammey L. Amodea – Winter 2012 Hodges University MNA4100OL_Amodea T _ Trimester Project Mike Smith Due: February 27‚ 2012 Submitted: March 6‚ 2012 Abstract The rise and fall of real estate property values are impacted by many facets and can lead to a positive or negative impact upon the economy. Furthermore these impacts can be minimal or dramatic. Through research and critical thinking the following report is designed to educate the reader on how
Premium Real estate Subprime mortgage crisis Mortgage
executor cannot administer the estate of the first testator. ORDER OF PREFERENCE IN GRANTING LETTERS OF ADMINISTRATION 1) Surviving spouse or next of kin. • NEXT OF KIN – Those persons who are entitled under the statute of distribution to the decedent’s property. 2) Any one or more of the principal creditors. 3) Stranger. OPPOSITION OF THE ISSUANCE OF LETTERS TESTAMENTARY [Rule 79‚ Sec. 1] • Any interested person in the will. • He should state the grounds in writing why he is opposing and he may attach a
Premium Legal terms Inheritance Estate
RECOGNISED. IT SHALL BE USED ON ONE’S OWN RISK. THE PUBLISHER OR AUTHOR SHALL NOT BE LIABLE FOR ANY USE OF THE SAME. REAL ESTATE SECTOR IN INDIA INDEX OVERVIEW INTRODUCTION PRESENT SCENARIO OF REAL ESTATE REAL ESTATE MARKET GROWTH DRIVERS IN REAL ESTATE RISKS INVOLVED IN THE REAL ESTATE INVESTMENT MARKET THE CHALLENGES POLICY INITIATIVES CONCLUSION REAL ESTATE SECTOR IN INDIA OVERVIEW While India continues to be one of the fastest growing economies‚ this pace of growth is
Premium Real estate
India has provided strong impetus to the real estate sector‚ which has been witnessing heightened activity in the recent years. Substantial end user and investor interest‚ large scale investment in infrastructure and rapid urbanisation has contributed to the growth trajectory of Indian real estate. The real estate growth story is clearly visible in urban centres such as Delhi‚ Mumbai‚ Bengaluru which has acquired global character and recognition. The real estate sector in the country is one of great
Premium Real estate Investment
The Politicization of Intellectual Property Rights Yuan Yuan Wang Senior Thesis On November 21st‚ 2011‚ the United States and China signed a intellectual property framework agreement in order to address some of the intellectual property issues that have plagued economic relations between the two countries. The agreement called for both countries to open up a constructive dialogue regarding intellectual property issues‚ as well as for the formation of a third party task
Premium Intellectual property Trademark Copyright
Małecki nr 110560 Ways to protect intellectual property on the Internet The Internet is a serious attempt to traditional protection of intellectual property such as copyrights and patents. Some forms of information‚ when made accessible on the Internet‚ are easily copied. Because the costs of copying are low and because copying is often anonymous‚ publishers have often responded with more aggressive enforcement of existing intellectual property rights and with calls for extensions of those rights
Premium Copyright Intellectual property Trademark
interest in the property? Does George retain a legal interest or an equitable interest? Or is George a licencee at best? It is clear-cut that George has no legal interest in the property as his name is not on the title deed since the house is registered in Rose and Paul’s joint names. Now that Rose has died‚ the title deed of the house vests solely in Paul’s name as the Right of Survivorship (‘Jus Accresendi’) applies. Since George does not retain a legal interest in the property‚ how do we determine
Premium Law Property Common law
Assignment 1.3 External Factors and the Real Estate Industry By Karen Chapman 11 November 2012 Assignment 1.3 Index: 1. The demographic environment: 1.1 Cultural diversity trends and developments Page 3 1.2 Demographics of own area‚ vs. national demographics and trends Page 3 2. The economic environment: 2.1 The current economic environment Page 3 2.2 Socio-economic factors Page 4 3. The political environment
Premium Real estate