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Compulsory purchase is the power to purchase or take rights over an estate in English land law, or to buy that estate outright, without the current owner's consent, in exchange for payment of compensation. In England and Wales, Parliament has granted several different kinds of compulsory purchase power, which are exercisable by various bodies ...
Text of the Compulsory Purchase Act 1965 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk. The Compulsory Purchase Act 1965 (c. 56) is an Act of Parliament of the United Kingdom, which concerns English land law and compulsory purchase .
Compensation rights usually include the value of the property, costs of acquiring and moving to a new property, and sometimes additional payments. Costs of professional advice regarding compensation are usually reimbursed by the authority, so that people affected by a compulsory purchase order can seek advice from a solicitor and a surveyor and ...
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 ...
The Law of Property Act 1925 (15 & 16 Geo. 5. c. 20) is a statute of the United Kingdom Parliament. It forms part of an interrelated programme of legislation introduced by Lord Chancellor Lord Birkenhead between 1922 and 1925. The programme was intended to modernise the English law of real property.
The term 'property chain' is common in real estate, especially in the UK.The chain is the line of people buying and selling. For example, there might be a first-time buyer trying to purchase a small flat, another person waiting to move from the flat to a small house, another person waiting to move from the small house to a larger house, and so on.
One in five homes sold in Spain are bought by foreigners, with many of them non-residents. Currently, the tax rate for non-residents of the EU is around 24 per cent of the price of the house ...
Tulk v Moxhay is a landmark English land law case which decided that in certain cases a restrictive covenant can "run with the land" (i.e. a future owner will be subject to the restriction) in equity.