By J. Rostron, Robert Hardy-Pickering, Laura Tatham, Linda Wright
It is a new dictionary which gives a transparent and concise clarification of phrases utilized in land, estate and development legislation and administration. The 4 key parts of assurance are: planning/construction legislations, land legislation, equity/trusts and finance and management. will probably be an invaluable reference for estate and construction execs and a private buy for college kids of estate and building legislations on construction, development administration, property administration and legislation courses.
Jack Rostron is an skilled writer and editor whose 1997 Spon identify Sick development Syndrome has been good acquired and greatly reviewed. His co-authors give a contribution the required professional wisdom from their respective fields of educating and criminal perform.
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Caps Used on adjustable rate mortgages (ARMs) to limit the interest rate and/or the payment. Most ARMs have a periodic cap that is around 2% per year and a life cap of around 5%–6% over the life of the loan. ‘Payment only’ caps sometimes create negative amortisation where the principal balance of the loan increases rather than decreases over time. caravan A mobile home which is capable of being moved from site to site. Normally used for short periods of time as a holiday residence. Caravan Sites and Control of Development Act 1969 This Act gave local authorities new powers to control caravan sites, including a requirement that all caravan sites had to be licensed before they could start operating (thus partly closing loopholes in the planning and public health legislation).
Civil As opposed to criminal, military or ecclesiastical. claim The assertion of right such as when an event insured against happens. claimant The party who issues proceedings in litigation. class closing rules Rules of construction based on Andrews v Partington (1791) relating to gifts to a class. A class will be closed artificially when one member is entitled to be paid having attained a vested interest, thereby excluding all others who have not yet obtained any interest. class gift A gift is said to be for a class of persons when it is to all those who shall come within a certain category or description.
Most of the Act dealt with control, but local authorities were given wide powers to provide caravan sites. care and repair A colloquial term describing agency services to assist elderly home-owners with housing maintenance, adaptations, etc. g. social services and registered social landlords. Such agreements are enforceable by law. care in the community A central government policy for releasing certain classes of inmate or patient from hospitals and institutions and arranging for care in the community.
Dictionary of Property and Construction Law by J. Rostron, Robert Hardy-Pickering, Laura Tatham, Linda Wright