NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
RECORD OF RIGHTS- ALL YOU NEED TO KNOW Ownership and use of a particular parcel of land can be ascertained and guaranteed, if the land records are kept and the laws governing land relationships are published. The land records are ascertaining the state of ownership and property rights. In land deals investigation of the land […]
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ENCUMBRANCE IN REAL ESTATE There are a number of types of encumbrances, but in real estate they all largely mean the same thing. “An encumbrance is a claim that someone [a non-owner] has on a property of another,” according to Benjamin Dixon of the New York City-based Mackay Dixon Team at Douglas Elliman. “Encumbrances can
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DILAPIDATIONS IN A COMMERCIAL LEASE Dilapidations arise as a result of a tenant’s failure to comply with obligations concerning the state and condition of the premises. A dilapidations claim can be made by the landlord against the tenant during or towards the end of a lease, or after the lease has ended. What are the
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IMPORTANT THUMB RULES USED IN CONSTRUCTION BY CIVIL ENGINEERS Thumb rules play a most crucial role while taking quick decisions on site. Thumb rules enable you to calculate the solution using a simple mathematical formula and make smart decisions whenever needed. Remember, thumb rules never give the accurate results, but you can use them for
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ALL YOU NEED TO KNOW ABOUT SEWER PIPES AND ITS TYPES The pipes are used for transporting water or wastewater from the home or the industrial area outside, which is called sewer pipes. We have to provide special care to the sewer pipe because it can be broken or corrosion by the wastewater. The sewer pipes do many works at your home;
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HOW TO CHECK CEMENT QUALITY Cement is one of the most important materials used in construction. The strength of a structure depends upon several factors, cement quality is one of them. To achieve the desired strength of concrete and to increase the longevity of structure good quality cement should always be used. So it is
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ALL YOU NEED TO KNOW ABOUT MESNE PROFIT The law of nature gives the primary right to compensation against the breach of legal right. Likewise, wrongful interference with the immovable property of another is a legal wrong and law of nature gives primary right to damages or compensation for such legal wrong. The term ‘mesne
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DECODING THE FARAD JAMABANDI REVENUE LANGUAGE USED IN PROPERTY DOCUMENTS BASIC UNDERSTANDING OF IBBI REGISTERED VALUERS Khewat Number The Khewat number normally referred as ’KHATA NUMBER’ by revenue officials is the account number given to the owner(s) which form a set of co-sharers who own the land in the same or different proportions. It,
TOP-DOWN CONSTRUCTION- ALL YOU NEED TO KNOW In most common construction methods, buildings with underground parts are built by the bottom-up method where sub-structure and super-structure floors are constructed sequentially from the lowest level of basement to the top of the building. Though this conventional method, also called a bottom-up method, is simple in both
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COMPACTION FACTOR TEST- ALL YOU NEED TO KNOW Compaction factor test is the workability test for concrete conducted in laboratory. The compaction factor is the ratio of weights of partially compacted to fully compacted concrete. It was developed by Road Research Laboratory in United Kingdom and is used to determine the workability of concrete. The compaction factor
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INCOME CAPITALIZATION APPROACH- ALL YOU NEED TO KNOW The income capitalization approach is one of the three real estate valuation methods, the other two approaches being the cost approach and the sales comparison approach. You will need to know a little bit about the income approach for your real estate exam, so let’s dig in. In this article, we
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COST INFLATION INDEX- ALL YOU NEED TO KNOW Prices of goods increase over time, resulting in a fall in the purchasing power (quantity of goods that one unit of money can buy) of money. If two units of goods could be bought for Rs 100 today, tomorrow only one unit might be available for Rs
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