An outlay of cash or credit with an expected return.
However the outlay of cash is only a true investment where thorough analysis has taken to place. In not analysis has taken place, this is pure speculation of gambling.
A form of co-ownership that gives each tenant equal interest and equal rights in the property, including the right of survivorship.
This means that if one owner dies the other automatically becomes the sole owner, irrespective of whether a will had been made which included the property.
Where two or more parties decide to join for a particular activity.
This can be to share resources, assets or capital although is also widely used where parties bring different things to the venture. For example a Joint Venture maybe started where one party has the capital but no time and the other time and no capital.
|Key Facts Illustration|
Official registry of property titles. The world's largest property database, listing
Person, group or company that has the right to let that property to a tenant (person or business).
A growing number of local authorities are introducing voluntary private landlord accreditation schemes, as are universities for student lets, and landlord associations.
Generally landlords who belong agree to adhere to given standards in return for being able to say they are accredited
Building and Contents insurance that is specific to the rental of property by a landlord rather than for normal residential living.
|Landlord's Energy Saving Allowance||
Tax allowance originally introduced for Individual Landlords in April 2004 and which now covers loft insulation, cavity wall insulation, solid wall insulation, draught proofing, hot water system insulation, and floor insulation.
The allowance was extended to Corporate landlords in 2008.
A document which defined the agreement between an owner and tenants. It lists all the conditions which the leaseholder must abide by and also what the Landlord responsibilities are.
This is normally described as ownership of Land/property for a fixed period of time. This ownership is subject to the annual payment of ground rent to the owner of the freeholder.