Land Values - Law Dictionary Search Results
Gift-tax
the tax on the gift of property which may include land and buildings. It is not a tax imposed directly upon … upon lands and buildings but is a tax upon the value of the total gifts made in a year which is
Goods
plants and things attached to, or forming part of the land which are agreed to be severed before sale or under … before sale or under the contract of sale, [The Maharashtra Value Added Tax Act, 2005, s. 2(12)] Means all kinds of
Copyhold
or wayward caprice of the lord. The minerals in copyhold land belong to the lord, and so does the timber, whence … on the admittance of joint tenants in this: two years' value is paid for the first life, half of that on
Rent
[fr. reditus Lat.], a certain profit issuing yearly out of lands and tenements corporeal; it may be regarded as of a … an estate in fee, of at least one-fourth of the value of the lands at the time of its reservation. (4)
Increment value
amount, if any, by which the site value of the land on the occasion on which the charge is made exceeds … Increment value. The Finance (1909-10) Act, 1910 (10 Edw. 7, c. 8),
Covenant
named and inthat case only to the extent of the lands descended, but if made after 31st december, 1881, the real … to covenants implied in a conveyance (not a mortgage) for value of land subject to a rent charge or an assignment
Encumbrance
the right or the Government to levy assessment on the lands, Collector of Bombay v. Nusserwanji Rattanji Mistri, AIR 1955 SC … it constitutes a burden on the title which diminishes the value of the land, State of Himachal Pradesh v. Tarsem Singh,
property
own, particular] 1 : something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest, … property (as a stock certificate or professional license) that derives value not from its intrinsic physical nature but from what it
Adequate consideration
(347): AIR 1991 SC 1502. [U.P. Imposition of ceiling on Land Holdings Act, 1960, s. 5(6) Proviso(b) second clause] The words … must be capable of being measured in terms of money value having regard to the market price of the property, the
Land charge
Land charge, means a rent or annuity or principal moneys charged … Act-i.e., after 1st January, 1889-is void against a purchaser for value of the land charged therewith, unless it has been registered
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