subject: Environmental Law and Development Creating the Right Environment for Success [print this page] Environmental Law and Development Creating the Right Environment for Success
The changing of title for some items can be a difficult process. It is the duty of the administrator to ensure that this is done correctly and as easily as possible. Also, any items that are passed through a trust will require more specific directives. Several items that can be included as assets are contractual in nature, such as life insurance and annuities. Each of these will have different ways in which they must be handled. The person in charge of administering the estate will be in charge of handling these items.
When one constructs a new building, or makes a large change to the way that a building is going to be used, then generally, in the UK, one needs planning permission. The planning permission system dates back hundreds of years, but in its current form has been around since the Second World War without too much change. The reason the planning permission laws exist is to ensure that there is a good mix of economic development, urban development and tourism development without causing too much disruption to the natural environment. Man's needs on this island have grown, due to modernization and population rise, but a concerted effort is in place to try and minimize the disruption that we cause.
Some pose the question: "Can I use a Thai Company to circumvent the 49% foreign ownership quota?" In short: it may be possible, but it may be best not to do this as Thai law has strict provisions regarding "nominee shareholders" in Thailand and the obvious advantage of Condominium ownership: free hold title, might be mitigated by this type of scheme. From a practical standpoint, in virtually all cases involving a foreign national purchasing a Thai Condo the most advantageous position for the foreign national to be in is freehold ownership of the condominium as such ownership vests the most rights in the individual(s) concerned.
The Servicemembers Civil Relief Act (SCRA) is a law that prevents civil action from being brought against men and women actively serving in the military. "Civil action" is a broad term which includes serious legal issues, such as law suits, to more routine processes, such as divorce or bankruptcy. Part of the law also caps interest rates for loans that the service member has taken out, including mortgages, car loans, and credit cards.
A Chapter 7 bankruptcy, unlike a Chapter 13, is known as liquidation. This type of bankruptcy has the effect of wiping out all dischargeable debt. Typically all unsecured debt is dischargeable. However, there are exceptions for taxes, domestic support obligations and other debts that the bankruptcy court deems are non - dischargeable. A determination that a debt is not dischargeable, requires a court hearing in what is known as an adversary proceeding. Certain intentional wrongs, like fraud and willful injury claims fall within this category and may be subject to an adversary proceeding.
Investors should study taxes on properties; how loans are treated in relation to property law. Tenancy aspect of the property law should be well understood by landlord/lady who wishes to rent out their property. Investors should not put all their energy on studying the law alone and leaving the investment aspect of it. The law should be left for the expert in this area such as property lawyers and property brokers.
The lawyer you hire will have a thorough knowledge about all the legal compliance's and statutory obligations, paperwork, documentation, submissions, filings, approvals, registrations and certifications that will go to make the transaction complete and foolproof. Any transaction which includes transfer of ownership of property is quite complicated but with the help of a proficient conveyancing layer it becomes an easy process. So you want to have less tension you can wisely go for a conveyancing lawyer.
Repairing obligations requiring a tenant to repair to a standard at the beginning of the lease would now relate to the beginning of the new implied lease, potentially leaving the premises in a worse state of repair. Any claims for dilapidations began under the old lease would be extinguished. Likewise any outstanding claims the tenant might have against the landlord would also be lost.
The break clause might specify a once-only break date, or several different break dates throughout the term, or it might provide for a right to end the lease at any time after a specified date. If there is only one break date, make sure you haven't missed it.
