Important Dates And Legislation

Question 1

Princuple of Equivalence?

Answer 1

Horn V sunderland Corporation

Question 2

Notice to Treat?

Answer 2

Compulsory Purchase Act 1965

Question 3

General Vesting Declaration

Answer 3

Compulsory Purchase Act 1981

Question 4

Development Consent Order?

Answer 4

2008 Planning Act

Question 5

6 rules of compensation?

Answer 5

Section 5 Land Compensation Act 1961

Question 6

Disturbance?

Answer 6

Director of buildings v Shun Hung Iron Works 1995

Question 7

Betterment?

Answer 7

Section 7 Land Compensation Act 1961

Question 8

Severance and Injurious Affection

Answer 8

Section 7 LCA 1965

Question 9

Injurious affection with no land taken?

Answer 9

Section 10 CPA 1965

Question 10

Part 1 claims 7 physical factors

Answer 10

Land Compensation Act 1973

Question 11

Home Loss Payment?

Answer 11

Land Compensation Act 1973

Question 12

Occupier and Basic Loss

Answer 12

Planning and Compulsory Purchase Act 2004

Question 13

Blight

Answer 13

Town and Country Planning Act 1990

Question 14

Capital Gains?

Answer 14

Taxation of Chargeable Gains act 1992

Question 15

Inheritance Tax?

Answer 15

Inheritance Tax Act 1984

Question 16

Definition of Market Value for statutory?

Answer 16

Finamce Act 2003

Question 17

Basis of Valuebfor statutory?

Answer 17

UK guidance note 3

Question 18

Special purchaser?

Answer 18

IRC v Clay (Nursing Home)

Question 19

UK guidance for statutory valuation?

Answer 19

UK VPGA 15

Question 20

Undivided shares

Answer 20

Wight v Moss 10% 15% 15%

Question 21

Hope Value

Answer 21

Defined in Palliser v HMRC
Allowance for planning in Fifield and Another v CIR

Question 22

Prudent Lotting

Answer 22

Duke of Buccleuch

Question 23

Hope Value Risk?

Answer 23

Fifield and Another v CIR
David Lowe and Sons v CIR
Myers v Milton Keynes Development Corp

Question 24

Private residence relief

Answer 24

S222 of TCGA

Question 25

Case for private equestrian facility?

Answer 25

Longton v Baker

Question 26

Apportionment?

Answer 26

Salts v Battersby value if parts may not equal value of the whole

Question 27

Marriage Value

Answer 27

Aggregate values of each desperate interest less the value of single merged interest

Question 28

2024 case law post transaction sales

Answer 28

Chifley holdings v HMRC

Question 29

Transience

Answer 29

Robert mcalpine and Sons v payne (contractors huts) R v morrison (floating dock)

Question 30

Material date?

Answer 30

Date the proposal is served or day the list is altered

Question 31

Effective date

Answer 31

Date circumstances arose

Question 32

Where is AVD set?

Answer 32

Para 2 sch 6 of 1988 LGFA previously within the case of K show Shops v Hardy

Question 33

Monk v Newbiggin

Answer 33

Premises undergoing redevelopment are incapable of beneficial occupation and statutory repair does not apply. If not capable of occupation then not a hereditament.

Question 34

Jackson v Canary Wharf

Answer 34

Canada square strip out of property between tenants assess if the repair assumption applies first

Question 35

Increasing the RV within the list?

Answer 35

Rehulation 14(7)

Question 36

Teleresl trilium v Hewitt

Answer 36

Demand for offices hypothetical tenant

Question 37

Case for accounting for repair concerns when valuing at date of death?

Answer 37

IRC v Gray (hypothetical tenant would make enquiries) Tapp v HMRC (assessing repair reuqitement)

Question 38

Separately let parking

Answer 38

Renore Ltd v Hounslow

Question 39

5 ethical standards

Answer 39

STIRR SERVICE TRUST INTEGRITY RESPONSIBILITY RESPECT

Question 40

5 ethical standards

Answer 40

STIRR SERVICE TRUST INTEGRITY RESPONSIBILITY RESPECT

Question 41

Average Retail details Sheffield

Answer 41

8.9% Yield £317p/sq ft Last 12 months based on 65 transactions National average of 8.2% lower yields at shopping centres

Question 42

Average industrial details Sheffield?

Answer 42

7.4% yield £86/sq ft UK first investment zone in 2023 (tax relief and planning reforms) Low yields less risk less return

Question 43

Average office information sheffield?

Answer 43

10.1% yield £110p/sq ft 10% vacancy British Land sale of 50% share in Meadowhall including the source 35,800sq ft office for 4.1bn fully let since 2013.