Showing papers on "Leasehold estate published in 1993"

Permanent Labour and Land Tenancy Contracts in Agrarian Economies: An Integrated Analysis

Abstract: Extending the existing models of land and labour contracts, this study attempts to build a general model of long-term agrarian contracts. The model implies that, where tenancy is an available option, the fixed-wage permanent labour contract will not be chosen. If it is chosen under institutional constraints on tenancy contracts, resulting resource allocations will be inefficient. Empirical relevance of the model is tested on data from the Philippines.

Imperial Affinities: Nineteenth Century Analogies and Exchanges Between India and Ireland

Abstract: Introduction The Use and Abuse of Intra-Imperial Analogies Intellectual and Administrative Foundations of Tenurial Transactions in Ireland The Indian Repercussions of the Waning of Utilitarianism and Classical Political Economy The Bengal Tenancy Act of 1885 The Brief Ascendancy of Hibernian 'Visionaries' The Example of Ireland The Bengal Tenancy Act and Irish 'Slap-Dash' Land Reform Conclusion

Tenancy Relations and Agrarian Development: A Study of West Bengal

Abstract: Introduction Tenancy Structure in Pre-Independence Bengal Tenancy Reforms and the Changing Tenancy Structure in Post-Independence Bengal Participants in the Land Lease Market Options and Constraints Tenancy Contracts in Actual Operation Terms and Conditions Tenancy Contracts, Input Use and Productivity Summary and Conclusions

Owner Tenancy as Credible Commitment under Uncertainty

Abstract: How do landlords provide credible signals to tenants that they will maintainthe building when the needed upkeep over the contract period is uncertain at the time that rental decisions are made? In this paper, we develop a model of credible commitment under uncertainty wherein owner tenancy serves as the commitment signal to the market. In comparing completely tenant-occupied (absentee landlord) to partially owner-occupied buildings, the model predicts that in the latter case, the equilibrium rent is higher. We test this prediction using rental data for a sample of office buildings, some of which are completely tenant-occupied while others are partially owner-occupied. The results indicate that, as predicted by the model, rents are significantly higher when landlords can signal a commitment to high-performance standards. Copyright American Real Estate and Urban Economics Association.

Redistributive land and tenancy reform in Bangladesh agriculture.

Abstract: PIP: Land is scarce and population dense in Bangladesh. Accordingly, there is great need to maximize agricultural production with intensive cultivation and the diffusion of modern technology. The realization of this goal, however, is impeded by the prevailing inequitable and inefficient structure of agricultural land tenure in which a few rural households hold the bulk of cultivatable land. Cropsharing and the system of land tenancy perpetuates low productivity and stagnation throughout the country. Development professionals, ruling politicians, and general populations in many countries under similar circumstances often suggest that share tenancy be abolished and tenants given ownership of tenanted plots, with large farms broken into smaller ones with an ultimate ceiling on farm size. The political and undertaken by new governments coming to power after violent social upheavals. Careful review reveals that such reform has hardly ever led to the establishment of prosperous and independent peasantries. Small family farms have instead become more dependent on the state and on off-farm employment. The rural elite is destroyed and a small peasant proprietorship dependent on the state is established which is ultimately controlled by the urban elite of the country; control over rural populations is reinforced. The dubious historical motivation for and results of land reform suggest that Bangladesh abandon its consideration in favor of promoting vocational training and education; providing research and extension services to agriculture for more rapid diffusion of high-yield innovations; mobilizing domestic resources to build up the infrastructure; fostering the development of private initiatives; and informing and advising about sustainable development practices to encourage their adoption so that an ecological balance may be maintained.

Leasehold Reform, Housing and Urban Development Act 1993

Abstract: Leasehold reform - The Act gives long leaseholders of flats either the collective right to buy the freehold or the individual right to extend their leases and extends the right to enfranchise under the Leasehold Reform Act 1967. Public sector housing and finance - The Act confers additional rights on public sector housing tenants gives local housing authorities temporary powers to provide welfare services for public sector tenants provides for the payment of annual loan charges in respect of defective housing expenditure provides for the delegation of housing management. Commercial property and developments - the establishment of the Urban Regeneration Agency the extension of the Secretary of State's power to provide finance for the regeneration of urban areas.

Great expectations? The impact of the property slump on BES‐assured tenancies in 1990/91

Abstract: Describes how the Business Expansion Scheme (BES) was extended to assure tenancy housing rental companies in 1988. Presents results of a study of the assured tenancy companies established in 1990/91. Suggests that strategic changes sustained the flow equity capital into the BES but increased the livelihood that the additions to the private rented housing stock would not last beyond the end of the BES period. Presents a summary of the results of research into the first two years, followed by the third year findings, where emphasis is placed on strategic changes. Concludes that the BES moved further away from the government′s original aim of boosting the long‐term supply of private rented housing.

Licensed Premises: part 2 Opportunities for Property management

Abstract: Analyses the effect of changes in the brewing industry on the work of property managers, particularly the increased number of diverse property interests generated. Considers immediate opportunities to lie in strategic planning and management of national estates; management of multiple freehold and leasehold estates; professional advice for independent pub operators. Concludes that property managers who are aware of brewing industry changes can plan strategies to ensure they meet new demands.

Commercial Leases and Privity of Contract: HAVE TENANTS' PROBLEMS BEEN SOLVED?

Abstract: Calls attention to the problems for leasehold tenants of commercial properties, which have been so great as to become a political issue. Examines the Lord Chancellor′s recently announced proposals which, if enacted into law, should benefit such tenants. Stresses that, so far, no Government Bill to that end has been published or debated in Parliament.

Leasehold reform : the new law : a guide to the Leasehold Reform, Housing and Urban Development Act 1993

Abstract: Collective enfranchisement - qualifications, conditions, procedure the right to a new lease - conditions, procedure, the granting of a new lease, estate mangement schemes amendments and changes to the Leasehold Reform Act the changes to the existing rights of long residential leaseholders - management audits, codes of management practice public sector housing provisions - changes to the right to buy, rents to mortgages, new rights for secure tenants, delegation of council housing management the functions of the Urban Regeneration Agency commencement, jurisdiction and miscellaneous matters.

The power of the plantation model: the sunk lands controversy

Abstract: on a journey in the winter of 1917 that would take him to a United States Army training camp and then to Europe to \"best serve my country,\" he wrote a letter to the editor of the Osceola Times. In this letter he expressed the views of homesteaders like himself regarding a controversy that pitted them against some of the most powerful landed interests in the northeastern Arkansas delta. Smith objected to demands by some plantation owners that homesteaders pay rents on lands claimed by both. He expressed his faith that the United States government and its agency, the Department of the Interior General Land Office, would never endorse those demands, and he praised the homestead laws that sought to protect settlers. Smith regarded this letter to the editor \"as a last chance perhaps\" to have his claims fully aired before leaving for military service. In one of his final sentences he remarked, \"the party not toting fair with the Government will be appropriately dealt with.\"! P The OWerofthe Plantation Model The Sunk Lands Controversy

Leasehold enfranchisement: part 1 of the Housing and Urban Development Bill 1993

Abstract: Discusses the broad aims of the Leasehold Reform, Housing and Urban Development Bill 1993: collective enfranchisement, relevant premises, qualifying tenants, long lease, and leases at a low rent. Examines enfranchisement procedures and the valuation aspects relevant to the Bill. Concludes that the Bill has caused considerable concern because its complexity appears to offer little benefit to anyone.