Sentences with phrase «value of the land rather»

It lets everyone share the economic value of the land rather than the land itself, just as a corporation, instead of carving up physical portions of itself each year, lets shareholders enjoy portions of the profit.

Not exact matches

The Government proposes the introduction of a valuation system based on compulsory purchase principles («no scheme» rule), which will mean that the value of land is assessed on the basis of its value to the site provider, rather than the communications provider, a system analogous to that used for domestic utilities.

As an aside, keep in mind that a significant part of the payment would go to the mortgage holder, if any, and that a homeowner's insurance policy almost never covers the part of the value of a home that is attributable to the land that it is build upon, rather than that building that was destroyed itself.

The promise of native title was that terra nullius would be replaced, not by another value judgment by the non-Indigenous legal system about what Aboriginal society was thought to be, but rather by the laws acknowledged and the customs observed by the Indigenous people reclaiming their land.

The value of land rises and falls based on entitlements because builders most often buy lots rather than raw land.