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Property

Non conforming use

Allow me to introduce you to the concept of nonconforming use in the realm of finance. This refers to a property that does not comply with the designated use for its designated area as per the planning regulations. This could be due to a policy change after the property was built, or because the property was constructed before planning control was established. In either case, this can have significant implications for the property's value and potential uses.

Outgoings

As a professor of finance, let me share with you the concept of annual charges for property owners. These expenses, which are typically calculated on a yearly basis, include...

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Fitouts

In the world of finance, it is important to understand the concept of interior permanent furnishings in relation to property. These furnishings include elements such as HVAC...

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Property investment trust

Welcome to the world of public companies, where tax benefits and regulatory compliance are key to its functioning. These companies are managed by a team of professionals and...

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Valuation

Valuation is the art and science of determining the value of assets, such as real property, for various purposes. These purposes can include renting, buying, selling, auditi...

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