Leasehold estate

Question 1: Phillippe v Amanda Is there a Qualifying Relationship? The Property (Relationships) Act 1976 (the Act) is concerned with the division of property of married couples like Phillippe (P) and Amanda (A), when they separate [s 1C(1)]. The Act applies differently depending on the length of the relationship [s 1C(2)(a)]. Under the Act, their s 2 property will be broadly classified as s 8 relationship property (RP) or s 9 separate property (SP). The Act only applies to RP. However, there are…

by their own government. Shortly after this consensus the Third Estate, which was another name for this group of people, followed in suit with Benjamin Franklin’s predictions and a Revolution began to form. For…

Villa Anbar is a house designed by Nohad Al-turki and Peter Barber Architects. Villa Anbar is a fairly small residence and is executed under a tight budget, the villa is located in a middle-class area and it occupies a total area of 510-m2 and the plot size is 300-m2. The house is rectangular in shape and has a small courtyard in the centre with a single frontage on the west side street. The openings to the courtyard are small and appear to be scattered along the façade giving the villa an…

Ted Builder is an Orthopedic surgeon who runs a successful medical practice in Park City, Utah. He works 60 to 70 hours during the ski season and afternoons during the rest of the year. He earns $200,000 a year. Over the last 20 years, Ted as acquired 316 acres in and around Eden, UT. These properties were purchased because Ted believed that Powder Mountain would become a high-end resort and make the land more valuable. Ted has not actively developed any of the parcels of land. He currently…

The economy took a turn from the worst when there was a crash in the markets. This crash in the real estate market had a significant effect on many families throughout the country. Effects that would have a huge impact on their lives. The impact of the negative effect of the real estate market made it hard for individuals to buy and sell houses at the time. Houses went to below 25% of the peak level in 2006. People had trouble paying their bills and could not manage their money. This crisis led…

ERST398 The Building (Earthquake-prone Building) Amendment Act received royal ascent in May 2016. The bill reforms New Zealand’s approach to responding to the risk the built environment poses during an earthquake. It increases central government influence and regulation. It has been influenced by the Canterbury Earthquakes and the subsequent findings of the Canterbury Earthquake Royal Commission. RECENT HISTORY In recent history, under the Building Act (1991) buildings were deemed to be…

It is crucial that information is passed on correctly to ensure that everyone involved has understood the information in the same context. In this experience communication was not effective; when contacting the solicitors and estate agents neither had acquired the same information. Due to poor communication neither party were clear on what was happening- which is what the Shannon and Weaver model of communication (1948) outlines as the Semantic problem (Nöth, 1990). What will…

The Impact of Gentrification on Urbanism __________________________________________________________________________________ Introduction Today, most urban development results in or is an influence of gentrification. As is claimed by Vicario and Martinez Monje, “Since the late 1970s, it has become increasingly apparent that the gentrification phenomenon should not be seen as an individual, isolated outcome of residential rehabilitation, but as an integral part of a much broader, deeper process…

Portfolio piece 1: Auckland housing crisis (Argument Piece) Statement of Intent: For my first English Portfolio piece, I intend to writing my views on the housing crisis in Auckland. My intended audience for this argument are going to be teenagers mostly around my age (16-18) whom in the future would like to own a home. This essay will argue on the possible difficulties and complications upcoming adults may face while buying a house. I want to argue this to them so they can know the…

There are three types on how Musharakah Mutanaqisah works. First thing first under Musharakah Mutanaqisah, BIBD and customer agree to contribute Musharakah to co-own a proposed property under construction. For example a BIBD contributes 95% to the construction cost and customer constributes remaining 5% or BIBD will contribute 100% of the construction price and customer contribution will be in kind value such as land. Second way is through Ijarah Mausufah Fi Al-Zhimah. The BIBD will act as a…