interest. Priority is given to the first registered interest‚ the second registration is irrelevant Types of Estates in Old System Legal estate in fee simple: • Purchaser receives a legal interest at settlement when they get a conveyance by deed. The estate passes from the vendor to the purchaser. • A first mortgage by deed at settlement‚ where the vendor delivers • The legal estate may only vest with 3 parties: o Vendor before settlement o Purchaser post settlement (who may be subject
Premium Easement Real property law Property law
ipsofactoJ.com/archive/index.htm [1983] Part 2 Case 5 [PC] | | | THE PRIVY COUNCIL | River Estates Sdn Bhd - vs - The Director General of Inland Revenue CoramLORD SCARMAN LORD ROSKILL LORD BRIDGE OF HARWICH LORD BRIGHTMAN SIR DENYS BUCKLEY | 5 DECEMBER 1983 | Judgment Lord Scarman (delivering the Judgment of the Board) 1. Ever since its incorporation in 1950 River Estates Sdn Bhd the appellant‚ has been engaged commercially in the extraction of timber and in plantation in
Premium Estates of the realm Income Source
Advantages to Estate Planning | | The most common questions about estate planning is “Do I really need to do an estate plan?” or‚ “Why do I need to do an estate plan?” If you really care about your love ones‚ you need to plan ahead and stay on top of things to save some time and protect your family in the event of your death. It is also a great financial planning tool that will improve handling assets‚ savings‚ investments‚ and real estate after the owner’s death. Advanced estate planning can
Premium Inheritance Tax Trust law
to treat the members of the third estate as equals to the members of the first two led to the French Revolution‚ which was ultimately successful in what it set out to achieve. The systems in place prior to the French Revolution led to much of the unrest in France. With the social Estate system‚ 98% of the French population (the third estate) was treated unfairly by the the other two estates. This included paying the majority of France’s taxes. The third estate was greatly upset with this system
Premium French Revolution Estates of the realm Age of Enlightenment
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
ADVANCED TAXATION Estate and Gift Tax I Alan Davis CHINESE PROVERB: “Tell me‚ I’ll forget. Show me‚ I may remember. But involve me and I’ll understand.”1 "To talk much and arrive nowhere is the same as climbing a tree to catch a fish”2 “One who talks does not know‚ one who knows does not speak.”3 SPECIAL TAX RATE FOR DIVIDENDS - The great tax debate of 2003 concerned the taxation of dividends. Prior to 2003‚ dividends were given no special treatment in the law. Conservatives argued
Premium Taxation Taxation in the United States Tax
and philosophy. Source A‚ a visual source‚ “1789 – Burden of the Third Estate”‚ depicts the three estates and the vast differences putting pressure on the struggling French society. The smallest and highest estate titled the ‘first estate’ is represented by a man dressed in a Mitre hat‚ Crosier and cross motifs to represent the church‚ like clergy and bishops‚ who owned land‚ money and were exempt from tax. However‚ this estate did not alleviate the burden‚ depicted by his fingers only grazing the
Premium Estates of the realm French Revolution Louis XVI of France
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
Hartman-Glaser Finance 898 Real Estate Finance Duke University‚ Fuqua School of Business Description This course will consist of 50% Real Estate investment analysis and 50% Real Estate Capital Markets. The course should be of interest for students interested in real estate investment‚ real estate finance‚ fixed-income investments‚ and the recent global financial crisis. Real Estate Investments The course will begin with an introduction to the fundamentals of Real Estate valuation and risk analysis
Premium Subprime mortgage crisis Mortgage
SWOT ANALYSIS SWOT Analysis Kenneth Boland Foundations of Business Kimberly Jones SWOT Analysis The business plan that I show to perform the SWOT analysis on was the Start- Up Real Estate Business Plan for Golden Valley Real Estate. This is a business plan for a company that had not yet been established and seemed to be the most challenging. This plan appeared to be well constructed and provided a lot of information that could be used for the
Premium Strategic management Management SWOT analysis