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Ground rent. As a legal term, ground rent specifically refers to regular payments made by a holder of a leasehold property to the freeholder or a superior leaseholder, as required under a lease. In this sense, a ground rent is created when a freehold piece of land is sold on a long lease or leases. [1] The ground rent provides an income for the ...
A land value tax is a progressive tax, in that the tax burden falls on land owners, because land ownership is correlated with wealth and income. [3] [4] The land value tax has been referred to as "the perfect tax" and the economic efficiency of a land value tax has been accepted since the eighteenth century.
Definition. The term "land grabbing" is defined as very large-scale land acquisitions, either buying or leasing. [citation needed] The size of the land deal is multiples of 1,000 square kilometres (390 sq mi) or 100,000 hectares (250,000 acres) and thus much larger than in the past. [4] The term is itself controversial.
Pros. Cons. Typically no down payment. Balloon payment to buy out a capital lease. Ability to stay up to date on the latest industry tech. Lose residual value and equity of equipment
Urban renewal (also called urban regeneration in the United Kingdom and urban redevelopment in the United States [1]) is a program of land redevelopment often used to address urban decay in cities. [2] Urban renewal involves the clearing out of blighted areas in inner cities in favour of new housing, businesses, and other developments.
If you are trying to keep your monthly spending in check, leasing a newer car tends to cost less month-to-month than buying one. Less money down. In addition to what you pay throughout the lease ...
A community land trust or (CLT) is a nonprofit corporation that holds land on behalf of a place-based community, while serving as the long-term steward for affordable housing, community gardens, civic buildings, commercial spaces and other community assets on behalf of a community. CLTs balance the needs of individuals who want security of ...
In a standard Lease-Purchase Contract, the two parties agree to a lease period during which rent is paid, and the terms of the sale at the end of the lease period, including sale price. Often, the contract is structured in two parts, one representing the lease term and the other a contract of sale. As is usually stated in the lease purchase ...
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