Property law

estate comparable method sales and capitalization of income methods are used. Capitalization of income method is the common method used for rental properties. Historical cost does come into play if the property recently changed hands, replacement or reproduction costs may be taken into consideration when it comes to the buildings. Regs state that property will not be valued at assessment value for local tax purposes unless the assessed value is fair representation of FMV. Reg. 20.2031-1(b) and…

Equine Assisted Therapy Putting trust into a half ton animal sounds crazy, but, in reality it can be one of the valuable exposures for someone. Through movement, physical and mental sensations, and their calm demeanor; these gentle giants can open doorways that were never possible for some. Equine Assisted Therapy (EAT) hence for known as equine therapy plays an important role in physical, mental, and emotional healing. There are two major types of equine therapy: Therapeutic Riding and…

several properties and renting them out to potential buyers. It does pay off to those who have decided to invest in houses in order to earn money, but it has to be wisely intact with several factors. The buyers should understand the timeline of owning a house, so that three or four…

When looking at a person’s identity in related to a place, wind power scholars have shown the rural idyll to be important, but have failed to acknowledge the acceptance of turbines, instead focusing on opposition to them (Bohn and Lant, 2009; Phake, 2011; Pasqualetti; 2011). Also, research on the rural idyll has failed to explore the pre-construction/pre-decision stage of wind infrastructure in relation to social reasons behind its acceptance or dismissal (Pedersen et al. 2007; Bohn and Lant,…

cases your interest and property taxes can be deducted on your income tax, saving you money when it is time to pay taxes. Now that we have looked at the advantages of both renting and buying let’s look at the disadvantages of both. 1) Disadvantages of renting. a. At the mercy of your landlord: At any time, the landlord can say I need you to move at the end of your lease or if you are out of your lease can give you notice to move. You have to do what they say with their property or else pay a…

In 2008, the stock market took a plunge and lost approximately 1.2 trillion dollars. Many factors led up to this incident such as the Lehman Brothers bankruptcy and Emergency Economic Stabilization Act. The fall of the housing market quickly followed shortly after. Homeowners across the nation found themselves with no choice but to foreclose their beloved home. Six years later, these victims, who are called “boomerang buyers,” are beginning to get back on their feet, and get back on track with…

Even if a potential buyer is ready to start renting, his or her credit score may not be. If the potential buyer has been renting an apartment since the foreclosure and loss of the home they were paying a mortgage on, then their credit score probably hasn 't gotten much better. In fact, the renter’s credit score probably dropped a bit lower. Renting an apartment does not help one’s credit score. In a perfect world, getting payments in on time would be enough to guarantee one’s ability to “rent to…

There are many different outlooks on whether property ownership is a good or bad thing. Many would think property ownership is a bad thing and brings with it many responsibilities. However, there are many great bebefits to owning your own property. With owning your own property, it gives you the right to do as you please with it. In America, many people would want to buy a piece of land and build a home on it. There are many different ways you could go about owning a piece of…

time. In general, it is closely related to intellectual history. This article is purely a summary of the analysis and critique of Locke’s second Treatise of government about property ownership. According to Filmer’s theory of patriarchalism, that suggests that; only absolute monarch descended from Adam, have the right to property. This is because he is the only being that God gave total dominion over all the land, something Locke totally disagrees and vows to spend most of writing in…

Throughout todays day and age many factors come into play when growing up. One factor that I see to be controversial is whether to own a home or rent a space. When taking these two aspects into consideration we come across financial hardships such as proper investment of money, overall loss of money, and what we must show in the outcome. When looking at all the elements I firmly believe that home owning is overall beneficial for individual. The reason for my claim is home owning provides steady…