Showing papers on "Leasehold estate published in 1991"
TL;DR: In this article, the implementation of land reform in the Philippines is positively associated with yield growth made possible by the adoption of modern seed-fertilizer technology, and the major reason underlying such association is considered to be an increased economic interest of tenants in land reform arising from divergence of rental value of land from leasehold rent and amortization fees prescribed by law.
102 citations
12 Dec 1991
33 citations
Book•
23 Sep 1991
TL;DR: In this article, the authors use a wealth of real-world applications and worked examples to cover traditional and new approaches, and include new material on sustainability, a new chapter on residential leasehold property and more on risk techniques.
Abstract: Thoroughly revised with a new critical edge, this is the perfect guide for students and practitioners. The authors use a wealth of real-world applications and worked examples to cover traditional and new approaches, and include new material on sustainability, a new chapter on residential leasehold property and more on risk techniques.
29 citations
TL;DR: In this paper, a qualitative study of decision-making in low income households casts new light on council house sales in a least-favoured housing estate, showing that poor tenants are deciding to buy their houses as a way of securing their future in the area and controlling their personal environment, rather than as an escape from a residual ‘ghetto’ of welfare housing.
Abstract: Data from the authors' qualitative study of decision-making in low income households casts new light on council house sales in a least-favoured housing estate. Under pressure from rising rents and rumours of privatisation, poor tenants are deciding to buy their houses as a way of securing their future in the area and controlling their personal environment, rather than as an escape from a residual ‘ghetto’ of welfare housing. This raises a number of issues in relation to current theories about housing tenure, especially those which distinguish sharply between the material and ideological bases of owner occupation and local authority tenancy. The authors argue that their respondents' reasons for wanting to buy do not constitute a rejection of collectivism as much as an attempt to preserve the endangered advantages of their situation on the estate.
17 citations
01 Jan 1991
7 citations
TL;DR: The degree of bias was found to vary substantially across the states for 1981-82 (37th Round) as mentioned in this paper, and its variation over the ownership size class, too, must be unequal and therefore warns against an elaborate analysis of leased out area statistics.
Abstract: Reliability of leased out area reported under the household ownership holding distributions of the National Sample Survey is doubtful. It suffers from significant negative bias due to underreporting of tenancy by landlords. The degree of bias was found to vary substantially across the states for 1981-82 (37th Round). The author argues that its variation over the ownership size class, too, must be unequal and therefore warns against an elaborate analysis of leased out area statistics. More important is the implication of direct and significant relationship of the size of negative bias with the value of output per hectare and incidence of rural poverty. Indeed, in areas with high concentration of tenancy and poverty, growth in informal tenancy has been distressingly high.
6 citations
Journal Article•
TL;DR: The literature on different types of interlinked contracts has been wanting as discussed by the authors, while the focus of literature on interlinked markets has been on tenancy cum credit contracts, while the literature on various types of agrarian reform programs has been lacking.
Abstract: The agrarian reform program represents an important innovation that will alter the landscape of the rural sector. While the focus of literature on interlinked markets has been on tenancy cum credit contracts, the literature on different types of interlinked contracts has been wanting. This review attempts to provide the background for a more detailed and rigorous examination, both theoretical and empirical, of the issue of agrarian reform and interlinking. It also discusses the welfare implications of various policy interventions, ranging from banning interlinked contracts to agrarian reform.
6 citations
5 citations
TL;DR: In the case of long leases, assignments of the leasehold estate and of the reversion are a common occurrence; both will often change hands many times before the end of the term, creating a welter of potential parties to any action on the covenants as discussed by the authors.
Abstract: The enforceability of the convenants in a lease after an assignment, whether by the landlord or the tenant or both, is a matter of considerable practical importance. In the case of long leases, assignments of the leasehold estate and of the reversion are a common occurrence; both will often change hands many times before the end of the term, creating a welter of potential parties to any action on the covenants. In addition, there may be sureties who have undertaken to guarantee performance of the tenant's covenants. The basic principles governing the parties' rights and liabilities in this field under the present law are well known, centring upon privity of contract, privity of estate and upon statutory rules found in ss 141 and 142 of the Law of Property Act 1925. The area is one of vital commercial significance to landlords, and which potentially affects the residential security and amenity enjoyed by tenants (in the case, for example, of landlords' covenants to renew or to repair). It is also a field in which many of the issues and concepts have been the subject of judicial and academic consideration for more than a century, yet a surprising number of uncertainties remain. The law consists of a complex set of rules, which together form something resembling an intellectual jigsaw puzzle, and one from which several pieces are still missing. The aim of the first part of this article is to highlight some of these gaps.
3 citations
01 Jan 1991
3 citations
TL;DR: In this paper, the authors examined the background to these developments, the differences between the leasing arrangements now being offered and some of the problems so far encountered and concluded that assignable leases are here to stay.
Abstract: Notes that major brewers and some regional operators are now replacing traditional tenancy agreements with assignable commercial leases. Examines the background to these developments, the differences between the leasing arrangements now being offered and some of the problems so far encountered. Concludes that, courtesy of the Monopolies Commission, the very evident need for improved returns on capital for the big brewers means that assignable leases are here to stay.
TL;DR: In this paper, the advantages and disadvantages of allocations by floor areas, rateable values, degree of use, stated shares, as well as adjustment and the court′s residual powers are discussed.
Abstract: Examines various methods of allocating service charge contributions. Discusses the advantages and disadvantages of allocations by floor areas, rateable values, degree of use, stated shares, as well as adjustment and the court′s residual powers. Concludes that closer liaison between property managers, agents and solicitors can avoid problems at the lease making stage, although no one formula invariably provides the best result for landlord or tenant.
TL;DR: In this paper, the authors argue that tenants with fixed-rent contracts and well protected by tenancy regulations may, in the long run, turn out to be less efficient than other farmers (e.g., owner-cultivators and informal tenants).
01 Jan 1991
TL;DR: Housing land in government intervention: with special reference to land readjustment in Seoul, Korea and municipal site-leasehold in Stockholm, Sweden as discussed by the authors, Korea and Sweden.
Abstract: Housing land in government intervention : with special reference to land readjustment in Seoul, Korea and municipal site-leasehold in Stockholm, Sweden
01 Jul 1991
TL;DR: In this article, the authors present a study of the effect of tenancy on the agricultural landscape in the Upper Peninsula Zone of the United States, focusing on three specific areas in Delaware.
Abstract: Few comprehensive studies of tenancy have been completed for areas in the mid-Atlantic region. In Delaware, virtually no extensive examination of tenancy hsa been attempted prior to this study. To truly understand the nature of tenancy and its effect on the agricultural landscape, the research design for this project addressed the population and properties of three specific areas in the Upper Peninsula Zone in great detail. Most of the information has been generated from primary source materials but he project also used a variety of other sources and types of research. These included creation of quantified data bases from tax assessments for identification of statistical patterns in landholding, wealth, slaveowning, race, and gender; examination of other primary sources; development of a selected bibliography of secondary and period sources; and examination of extant sites in the field.
TL;DR: In this article, the authors discuss possible legislative reforms to alleviate the plight of such tenants and explore the main thrust of the article's main thrust is to explore the possibility of post-mortgage tenant protection.
Abstract: Figures released this February reveal that mortgage repossessions in 1990 exceeded 40,000, an all-time high. The mortgagee's action may affect persons besides the defaulting mortgagor and his family. The mortgagor's tenants are especially vulnerable. Usually they are quite unaware of their landlord's financial problems; consequently the mortgagee's claim to possession comes as a total shock. A tenant's legal position as against the mortgagee differs widely according to whether the tenancy has been created before or after the mortgage. In the case of a post-mortgage tenancy the tenant will almost certainly find himself without protection. The article discusses possible legislative reforms to alleviate the plight of such tenants. In contrast, a tenant occupying under a pre-mortgage tenancy enjoys vastly superior rights binding upon the mortgagee. Yet the evidence suggests that some institutional lenders take action in complete disregard of the tenant's rights. The article's main thrust is to explor...