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Building national infrastructure, such as railways, housing, and sewerage, needs compulsory purchase, because: private owners might not give up land needed for public works except at an extortionate price; private owners may unduly delay sale of land (and thereby delay the meeting of the public need for a project);
In 2010, over a third of the UK was owned by 1,200 families descended from aristocracy, and 15,354 km 2 was owned by the top three land owners, the Forestry Commission, National Trust and Defence Estates. [2] The Crown Estate held around 1,448 km 2. English land law is the law of real property in England and Wales.
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.
Land law, or the law of "real" property, is the most significant area of property law that is typically compulsory on university courses. Although capital, often held in corporations and trusts, has displaced land as the dominant repository of social wealth, land law still determines the quality and cost of people's home life, where businesses and industry can be run, and where agriculture ...
HM Land Registry has 14 offices at: Birkenhead, Coventry, Croydon, Durham, Fylde , Gloucester, Kingston upon Hull, Leicester, Nottingham, Peterborough, Plymouth, Swansea, Telford and Weymouth. HM Land Registry's Head Office is based in Croydon. The in-house IT department (Information Systems) and Land Charges Departments are based in Plymouth.
Blighted land in Philadelphia. Land banking is the practice of aggregating parcels of land for future sale or development.. While in many countries land banking may refer to various private real estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities tasked with managing an inventory of surplus land.
Real property is immobile. Owners cannot move their land to a better location, such as another city, for sale. Thus the fixed location of a parcel of land directly affects, and is a major determinant of, its value. [5] However, products of the land, such as minerals and crops, can be transported.
5 Broadgate was developed by the British Land Company and completed in 2015, upon which UBS moved into its offices. UBS reportedly paid almost £500 million for the building, and is committed to leasing the property until at least 2035.
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