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Dilapidation is a term meaning a destructive event to a building, but more particularly used in the plural in English law for the waste committed by the incumbent of an ecclesiastical living the disrepair for which a tenant is usually liable when he has agreed to give up his premises in good repair.
In a paper "Re-examining the costs and value ratios of owning and occupying buildings", Graham Ive [7] notes how widely the 1:5:200 ratio has been cited among policy makers and practitioners, and goes on to use published data about whole-life economic costs and the total costs of occupancy to re-assess the ratios. The paper finds that 1:5:200 ...
It is common for landlords to take a dilapidation deposit from a tenant at the start of the tenancy. The deposit acts as a safeguard should the tenant cause any damage to the property. Some unscrupulous landlords are either very slow to return deposits at the end of the tenancy or make unfair deductions.
David Copperfield has let his 15,000 square-foot penthouse get so dilapidated, it actually may threaten the structural integrity of the entire building, according to the property’s condo board.
The definition of a slum was classed by the Federal Housing Act of 1937 as "any area where dwellings predominate which, by reason of dilapidation, overcrowding, faulty arrangements or design, lack of ventilation, light or sanitation facilities, or any combination of these factors, are detrimental to safety, health or morals". [1]
The changes mean fewer Americans itemize their deductions, and it reduces the tax breaks for high-income homeowners who pay hefty property tax bills. That in turn leaves middle-income families ...
Outgoing U.S. President Joe Biden will sign an executive order on Sunday aimed at prioritizing government resources to help economically distressed American communities - a day before he leaves ...
When used in the context of contracts, "loss" is the equivalent of damages at common law. The measure of such damages can be complex, but the starting position is to put the injured party in the same position (so far as money can accomplish) as if the contract had been correctly performed [1]