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Leasehold estate

About: Leasehold estate is a research topic. Over the lifetime, 1589 publications have been published within this topic receiving 21480 citations. The topic is also known as: leasehold & tenancy.


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01 Jan 2010
TL;DR: In this article, the authors analyze the general pattern of the private sector office market in Colombo and identify the determinants of the demand for office buildings Data was obtained through a questionnaire survey using 30 private offices having selected through systematic random sampling technique within the Colombo Municipal Council limits Elementary statistics as percentage and probability concepts and weighted score techniques were used for analysis.
Abstract: Office can be defined as a place where mass of data is accumulated in a systematic manner and is analyzed for management actions and channels of communication within and outside of an organization Hence, office market is an important area in the real estate sector particularly in developed cities where office market has the similar importance as the housing market These cities have identified office as what accelerates the wheels of businesses Therefore, there are heavy investments and returns in the office market In developing cities like Colombo, office market seems to be less recognized compared to the other real estate markets, for instance, “housing market” Therefore, “an assessment on the recognition of the office market in Colombo” is an important area for real estate research It is also possible to compare Colombo’s situation with established office markets like New York, Hong Kong, and Berlin etc However, this study aims to analyze the general pattern of the private sector office market in Colombo and to identify the determinants of the demand for office buildings Data was obtained through a questionnaire survey using 30 private offices having selected through systematic random sampling technique within the Colombo Municipal Council limits Elementary statistics as percentage and probability concepts and weighted score techniques were used for analysis The study found that nearly 10% of real estate in the study area represents office properties Eventhough the office market represents significant amount of real estate, there is no separate database, which maintains specifically for office property information The Colombo Municipal Council has catergorized office properties as commercial buildings According to the analysis 78% of offices are maintained as pure office and only 22% of offices are maintained as mixed office within the study area As far as the ownership is concerened, the largest market segment is for the “leasehold office space in the city centre” according to the respondents’ view

2 citations

07 May 2015
TL;DR: The right to fair compensation and transparency in land acquisition, rehabilitation and resettlement of project affected families (PAF) as discussed by the authors has been recognized as a critical issue in infrastructure development.
Abstract: Government organizations in developing counteries all over the world that are responsible for infrastructure development and government is responsible for land acquisition as well as prepare the detailed project report with the help of consultants where as the private sector responsibility is to develop the infrastructure through private public partnership The infrastructure development may be to built roads, dams, airports ect The examples of land holding are freehold, leasehold, common hold interests and government holdings The property interms of land and structure can be compulsorily acquired by government for development activities Although the matter differs from country to country, if a property owner is affected due to compulsory acquisition, compensation can be claimed for any land acquisition is injurious affection (severance) caused and for disturbance The legal basis of the right to claim compensation in these respects may differ as the statutory regulations and circumstance prevailed in each country Proper valuation of and compensation for lost assets are crucially important counteractions to mitigate impoverishment risks for affected persons The Government of India recognizes the need to compensation of loss where displacement is inevitable, the need to handle with utmost care and forethought issues relating to Resettlement and Rehabilitation (R&R) of Project Affected Families (PAF) and formulate R&R Policies as named as TheRight to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 Now the question is how to valuate market price Economic market principles determine what value any commodity will have at a particular point in time If there is a plentiful supply of a commodity and little or no demand, the price of the commodity is likely to be low, whereas, if there is little supply and a great deal of demand, the price will be higher In the real estate business it is common to assume that the value and potential of a property is fundamentally determined by its location, acces to existing infrastructure and its productivity Different users of land might be prepared to offer different prices for a piece of land because it offers the potential to earn different amounts of revenue depending on the use to which it is put So, futurastic usage is also determinants to valuate the market price Land values and intensity of land use becomes lower when we move away from the center of the city With lower land values, there is less pressure for high-rise development to maximize usage of the available sites Establishing the economic area of land use within which a property is located is an essential factor in understanding the economic, social, political and geographical factors that exist and help determine the levels of supply and demand for a particular property type and thus influence its value The principle of comparison underpins all valuation methods but sales comparison is allways preferred method of valuation The sales prices of the properties that are judged to be the most comparable ones tend to indicate the range in which the estimated value for the subject property will fall The degree of similarity or difference between the subject property and the comparable sales is usually established on the following elements of comparison: property rights conveyed, financing terms, conditions of sale, expenditures made immediately after purchase, market conditions (time), location, physical characteristics, economic characteristics, use (zoning), and non-reality components of value etc This all determinants can be summarised into well access sytem to individual when these information would be disseminate through land revenue department in well structured format Web based land valuation system is information technology based interface developing system where all determinants of land valuation can be calculated with the each and every parcel of land maps in India This paper has approached to formulate the interface mechanism for valuation of land for infrastructure planning over periods

2 citations

Journal ArticleDOI
E. M. Yates1
TL;DR: In this article, it is suggested that ideally there should be a return to a leasehold system, in Proudhon's terms possession rather than ownership, land leased from the community and forfeited if environmental damage is inflicted.
Abstract: In the first section concepts relating to the ownership of land, as voiced by various thinkers from Plato and Aristotle to Locke, Proudhon and Marx, are discussed. In the second section it is shown, that despite the high moral tone of the theorists, in practice land was acquired by theft, the theft perhaps followed by some retrospective attempts to achieve legality. Land was also expropriated on a large scale to be used as a counter in the struggle between the power groupa within the state. In the third section the present day relevance of estate ownership is briefly examined, with reference to political power and to environmental conservation. It is suggested that ideally there should be a return to a leasehold system, in Proudhon's terms possession rather than ownership, land leased from the community and forfeited if environmental damage is inflicted. There should be limit to the upward size of estates in order to limit the political advantages that accrue to families holding large areas of land. For these reforms to be effective and enormous enlargement of democratic processes is required, accompanied by a reduction in power of the central authorities, and by an increase in the financial and intellectual investment in education.

2 citations

Journal ArticleDOI
Abstract: ECONOMIC HISTORIANS IN the United States have begun to take up the study of tenant agriculture in that country from the perspective first of describing the characteristics of tenant farmers and their contracts, and second, of explaining the changes in tenancy over time and the spatial distribution of tenant farms at one specific point in time (e.g., Reid, 1973, 1976, 1979; Alston, 1981; Alston & Higgs, 1982; and Higgs, 1973). This effort continues the work of earlier generations of historians and agricultural economists. In contrast, almost nothing has been done on tenant farming in Canada even though in Ontario in 1871 about 16% of all farms were tenant occupied with some census districts such as York having approximately 30o% of their farms in the control of tenants (Canada, 1870-1871). For example R. L. Jones's book (1946), which represents the most thorough study of Ontario's agriculture before the I88os, contains almost no reference to tenant agriculture. The present study examines the general issue of why some farms were run by tenants while others were owner-occupied in Ontario, Canada, in 1871. Two bodies of data are used in the analysis. First, a sample of 1727 farms from the York census district was taken from the 1871 manuscript census; about one

2 citations


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Performance
Metrics
No. of papers in the topic in previous years
YearPapers
202340
2022125
202128
202028
201956
201857