In the absence of any reliable rental evidence, assessments of comparable assessments normally form the next best evidence. In both these scenarios if, for example, one was trying to establish a link between restaurant use and shop use, the valuer would have to establish that relationship in respect of the comparables and then use his skill and judgement to translate the relationship to the circumstances of the subject property.
The present decision also reinforces the point that the two limbs of the rebus rule must be considered separately. It is important that the scope of this decision is fully appreciated and that any arguments seeking a more restrictive interpretation than justified by the decision are resisted. More detailed investigation will be required into the level of rent paid by different uses, into terms of leases and in particular the use to be assumed on review.
To help us improve GOV. It will take only 2 minutes to fill in. Cookies on GOV. UK We use some essential cookies to make this website work. Accept additional cookies Reject additional cookies View cookies. Hide this message. Part 2: appendix 1 - The City Duck Case. The decision. Summary of practical implications. Sub-paragraphs a and b read as follows: a. Basis of valuation. Sub-paragraphs a and b read as follows: a matters affecting the physical state or physical enjoyment of the hereditament, b the mode or category of occupation of the hereditament.
Physical limb of the rebus sic stantibus rule. Conclusion on the physical limb 5. Use limb of the rebus sic stantibus rule. The relevance of planning paragraph 72 of the Court of Appeal decision 6. Unoccupied properties 6. Conclusion on the use limb 6.
Rebus sic stantibus and the evidence. Rental evidence and the effect of other uses in the real-world market 7. Rents on a new letting 7. Rents on review or lease renewal 7. Non-rented properties 7. Conclusion on rebus sic stantibus and the evidence 7. Print this page. Is this page useful? Maybe Yes this page is useful No this page is not useful. Thank you for your feedback. Report a problem with this page.
What were you doing? These factors must be borne in mind when selecting an appropriate obsolescence allowance. The scales of allowances therefore take into account the average use of items over a period of time, bearing in mind the physical, functional and technical obsolescence that may occur during the stated period.
Where judgement through actual knowledge of the item is inconsistent with the allowance scales the item should be valued accordingly recording the reasons for the divergence from the scale. Notes on the valuation sheet should show clearly against each item the reason for any allowances given where these depart from the scales. To help us improve GOV.
It will take only 2 minutes to fill in. Cookies on GOV. UK We use some essential cookies to make this website work. Accept additional cookies Reject additional cookies View cookies. Hide this message. Part 3: practice note 1 - L revaluation - the contractor's basis - age and obsolescence allowances.
In all other cases the guidance given here should be followed. Allowances allowances scales. Allowances should be considered in accordance with the guidance given in the Rating Manual — Volume 4 Section 7, in the sections dealing with particular classes of hereditament and Volume 4 Section 3 Plant and Machinery The Rating Cost Guide figures do not take account of any disability, which may affect the actual hereditament or item being valued.
Age related allowance scales. Print this page. Continue, further develop, and improve commuter transportation and other related services within the district, including but not limited to transportation by railroad, omnibus, marine, and air. Provide transit facilities to the NYC Transit Authority through agreements with the Metropolitan Transportation Authority, including construction, planning, design, rehabilitation, and extension of such facilities. Construct, operate, and maintain the Ogdensburg Bridge 2.
Rehabilitate the "Garden Cottage" building and operate it as a port facilities building 5, Operate the Ogdensburg Municipal Airport 6. Operate a foreign trade zone in St. Lawrence County 7. Develop and industrial park 8. Construct, renovate, operate, and maintain railroad lines. Survey, develop, and operate the port facilities and industrial projects 2. Acquire, construct, reconstruct, lease, expand, improve, maintain, equip, furnish, and operate one or more projects.
New York City. Improve land for the benefit of the Long Island Rail Road for a lay-up yard and other railroad purposes and subsequently transfer the property to the Metropolitan Transportation Authority, parent corporation of the railroad 2. Railroad or other corporate purposes 3. Construct, improve or rehabilitate sewage disposal facilities and appurtenances required for the maintenance development or expansion of the sewage disposal system within the bounds of the authority.
Acquire, construct, improve, or rehabilitate the City of Buffalo's water supply and distribution system. Plan, develop, construct, operate, and maintain solid waste management-resource recovery facilities and associated structures.
Construct, improve, maintain, and operate one or more solid waste management-resource recovery facilities. Within Erie Co. Acquire, construct, maintain, operate a water supply and distribution system, including reservoirs, lines, pumping stations, and related equipment and services 2.
Acquire and maintain a water supply system. Plan, develop, construct, operate, and maintain solid waste management-resource recovery facilitate and associated structures. Acquire, construct, maintain, operate a water supply and distribution system, including sources of supply, lines, pumping stations, and related equipment and services. Finance the acquisition, design, construction, reconstruction, rehabilitation, improvement, or to otherwise provide, finish, and equip sewerage or storm water resource facilities for Nassau County.
Construct, improve, maintain, develop, expand, repair, replace or rehabilitate any and all system facilities. Construct, maintain, and operate sewage treatment works, water management facilities, sewage collection systems, air pollution control facilities, storm water collecting systems, and solid or hazardous waste disposal facilities.
Plan, develop, construct, operate, and maintain sewer facilities, solid waste management-resource recovery facilities and water supply and distribution systems. Plan, develop, construct, reconstruct, extent, operate, and maintain solid waste management facilities.
0コメント