Explain to Lionel and Michael how the legal and equitable estate in 6 and 7 High St. is held and whether or not Lionel could force Michael to sell the freehold estate in the premises. Before establishing who holds the legal or equitable estate‚ it’s important to understand what either of these roles incurs. The person in charge of the legal estate is responsible for the maintenance and administration of the land. They have the right to sell or lease the land and are also responsible under Occupier’s
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QNT351~WK5 Individual Assignment: Real Estate Data DUE SUNDAY‚ MAY 21st Resources: Appendix A1 at the end of Basic Statistics for Business and Economics (See attached Chapters 10 & 13 to answer questions below) QUESTION #1: Answer question 58 in the Data Set Exercises from Ch. 10 of Basic Statistics for Business and Economics. Exercise #58: Refer to the Real Estate data‚ which report information on homes sold in Phoenix‚ Arizona‚ last year. a. A recent article in The Arizona
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Demand of Residential Real Estate Demographics Demographics are the data that describes the composition of a population‚ such as age‚ race‚ gender‚ income‚ migration patterns and population growth. It is obvious that as the population increases‚ so will the demand for housing. As the income increases‚ so does the demand of real estate as people would be willing to pay higher prices. These statistics are an often overlooked but significant factor that affects how real estate is priced and what types
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the shareholder-principal conflict with manager-agents known as the principal-agent problem. To mitigate agency problems between senior executives and shareholders‚ should the compensation committee of the board devote more to executive salary and bonus (cash compensation) or more to long-term incentives? Why? What role does each type of pay play in motivating managers? There are several dimensions to the principal-agent conflict. Principal-Agent Relationships exist whenever one person or party
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Assignment 1.3 External Factors and the Real Estate Industry By Karen Chapman 11 November 2012 Assignment 1.3 Index: 1. The demographic environment: 1.1 Cultural diversity trends and developments Page 3 1.2 Demographics of own area‚ vs. national demographics and trends Page 3 2. The economic environment: 2.1 The current economic environment Page 3 2.2 Socio-economic factors Page 4 3. The political environment
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support facts‚ and the fact in this case is that Agent Orange had detrimental effects wherever it was spread. Agent Orange is a herbicide that was used by the United States Military during the Vietnam war‚ it is made up of equal parts 2‚4-D and 2‚4‚5-T. Its purpose was to destroy forests and enemy crops during the war (Agent Orange‚ 2015). Although this substance was already considered an environmental hazard‚ it was later found that the manufacturing of Agent Orange resulted in a dioxin byproduct. When
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of Real Estate Agency Practice in Malaysia: An Investigation for Nigeria AbayomiIbiyemi1‚ Olayinka Ogungbemi2‚ Rotimi Awodiran3 1 Department of Estate Management‚ Faculty of Built Environment‚ University of Malaya‚ Kuala Lumpur‚ Malaysia yomi1004@googlemail.com 2‚3 Department of Estate Management and Valuation‚ School of Environmental Studies‚ Lagos State Polytechnic‚ Lagos‚ Nigeria Abstract: Nigeria and Malaysia have a similar colonial history. The Malaysian Institute of Estate Agents (MIEA) is
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rights 6. The SE 1/4 of the NW 1/4‚ and the SW 1/4 of the NE 1/4‚ and the SW 1/4 of Section 22 contains: (a) 2 1/2 acres (b) 240 acres (c) 45 acres (d) 165 acres 7. A person appointed by the court to handle the estate is the: (a) executor (trix) (b) administrator (trix) (c) devisor (ee) (d) testator (trix) 8. A type of deed that contains an after acquired clause is a: (a) grant deed (b) quiet deed (c) quitclaim
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The Principal Agent-Theory as a base for the organization of company innovation process There are many settings in which one economic actor (the principal) delegates authority and/or responsibilities to an agent to act on his behalf. The primary reason for doing so is that the agent has an advantage in terms of expertise or information. This informational advantage‚ or information asymmetry‚ poses a problem for the principal—how can the principal be sure that the agent has in fact acted in her
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Brook Couture December 6‚ 2016 Agent Orange Chemical Research Paper “Operation Ranch Hand” was a war tactic used by the United States government during the Vietnam war‚ its purpose was to clear forests‚ but the consequences were far greater. From 1961 to 1971‚ a chemical was sprayed over the entire country of Vietnam‚ leaving 200‚000 people affected by the harmful toxin (Dioxin‚ 2015). The chemical used is called Agent Orange. Its use was discontinued after it was banned in 1971 by the
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