The Valuation of Undeveloped Land |
Common terms and phrases
100 per annum 23 years Deferred 9 per cent allowance for profit amount of increment Annuity of 100 annum 10 acres annum net ascer ascertained assessable site value Brought forward cost of roads deduction in respect Deferred 12 duty and increment elapse expenses of feu-charters expenses of purchase feu-duties reaching 500 feuar Feuing architect's charges Feuing Period feuing plan feuing scheme Finance Act fourth example full development Full increment duty graduated scale include profit increasing by Equal increasing feu-duties reaching increment value duty loss of interest nine examples P₁ payment Period of Development periods of ripening present value price per acre rate of interest rates of feu-duty regularly increasing feu-duties Rent for buildings Rent for land ripening and development Ripening Period roads and drains Second Example section 25 Table Temporary Rents third example Ultimate assessable ultimate feu-duty ultimate value undeveloped land duty valuations of undeveloped Value of regularly
Popular passages
Page 2 - Act, land shall be deemed to be undeveloped land if it has not been developed by the erection of dwelling-houses or of buildings for the purposes of any business, trade, or industry other than agriculture...
Page 2 - Act, the gross value of land means the amount which the fee simple of the land, if sold at the time in the open market by a willing seller in its then condition, free from incumbrances, and from any burden, charge, or restriction (other than rates or taxes) might be expected to realise.
Page 56 - Cent. 2J per Cent. 3 per Cent. 3J per Cent. 4 per Cent. 4} per Cent. 5 per Cent.
Page 54 - PERIODS 2J PER CENT 3 PER CENT 3J PER CENT 4 PER CENT 5 PER CENT...
Page 60 - Years. 2 per cent. 2i per cent. 3 per cent. 3J per cent. 4 per cent.
Page 63 - Fund which will Amount to £1 at the end of any number of years. Years. 3 per cent. 3J per cent. 4 per cent. 4£ per cent.
Page 40 - ... might be expected to realise if sold at the time in the open market by a willing seller.
Page 58 - Present Value of £1 per annum for any Number of Years. Years.