By Jaap Zevenbergen, Andrew Frank, Erik Stubkjaer
ISBN-10: 1441616691
ISBN-13: 9781441616692
ISBN-10: 1586035819
ISBN-13: 9781586035815
Transactions in land and different genuine estate range among international locations all through Europe. The transaction tactics replicate formal ideas, yet also they are normalized via conventions codes of behavior. This complicated of technical, felony and monetary matters was once investigated from the perspective of transaction economics via an ESF-COST supported motion G9 Modeling genuine estate Transactions. The learn used to be played among 2001 and 2005 by way of researchers more often than not from collage departments with regards to land surveying, genuine property administration, geo-information sciences and data engineering. This ebook represents the ultimate final result of that learn. A modeling procedure used to be elaborated and confirmed on a couple of nations (especially Sweden and Slovenia, for which the types are proven during this ebook within the Unified Modeling Language (UML)). The modeling procedure results in transparency and permits comparability. however, the impact of the nationwide and social contexts, and the several views that may be taken, hinder an easy score of the studied techniques. For these making plans or evaluating transaction tactics or components thereof, the publication provides a proven process and method. however the ebook finally warns of simplification during this box filled with advanced nationwide institutional arrangements.IOS Press is a global technological know-how, technical and clinical writer of top of the range books for teachers, scientists, and pros in all fields. a few of the parts we post in: -Biomedicine -Oncology -Artificial intelligence -Databases and data platforms -Maritime engineering -Nanotechnology -Geoengineering -All elements of physics -E-governance -E-commerce -The wisdom financial system -Urban reports -Arms regulate -Understanding and responding to terrorism -Medical informatics -Computer Sciences
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Extra info for Real Property Transactions. Procedures, Transaction Costs and Models
Example text
The pre-emption right is the right by which a beneficiary has an advantage but not an obligation to buy a specific property at a certain price. The preemption right is the privilege of being prior to others in claiming property that is subject to pre-emption. Such rights can be defined by law or imposed by a contract. Important for property transactions in urban areas are pre-emption rights on cultural heritage, either by the state or by the municipality, and the Q),S municipal pre-emption rights for the future development of urban areas.
As a result, a new, unambiguous and well-defined property is obtained which is separate from the original one. The new property must be capable of carrying rights of its own. Registration. Properties in the Western world are usually registered, with the result that the extent and legal content of the new property and the original property are known to the market and public authorities, which facilitates both their sale and purchase and the borrowing/lending of money on the security of the property.
3JHIUTBOEFODVNCSBODFT Encumbrance is a right on the basis of which the owner of an encumbered property is bound to future charges or services. An encumbrance may be established on real property for the benefit of a specific person or of the owner of a specific property. Easement is a right held by one person to make use of the land of another for a limited purpose. Slovenian legislation distinguishes between real and personal easements. Real easements are created mainly to regulate neighbourhood relations.
Real Property Transactions. Procedures, Transaction Costs and Models by Jaap Zevenbergen, Andrew Frank, Erik Stubkjaer
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