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Property

Abatement notice

The owner(s) or occupier(s) of a property may receive a notice regarding a private nuisance, informing them of the intent to enter the land and address the issue. This notice is served in order to mitigate any harm or inconvenience caused by the nuisance. It is important for owners and occupiers to understand the implications of such a notice and take necessary measures to resolve the issue.

Urban centers

In the realm of urban development, cities were traditionally categorized into groups, namely A, B, and C. As part of this classification, a limit was imposed on the maximum ...

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Willing seller-willing buyer

In the world of finance, we often rely on certain assumptions for valuation purposes. One of these assumptions is that the owner of a property is willing to sell their inter...

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Agreement for lease/sale

A fundamental aspect of finance is the concept of a contractual agreement for a lease or sale. In order for this agreement to be legally binding, it must be documented in wr...

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Escalation clause

A key aspect of lease agreements is the inclusion of built-in renewals. This entails a predetermined increase in the base rent at each renewal of the lease. Typically, this ...

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