Property Law&Practice 2 Coursework Example | Topics and Well Written Essays - 2500 words

Property Law&Practice 2 - Coursework Example The main reason that leads to the formulation of part II of the agreement was to bring protection to the business tenants. A business tenant having protection by the act will not get any eviction simply by the receipt of notification to relinquish the house, or by the lapse of a fixed term of the tenancy evacuate the room or building. It is stipulated that the landlord, in consideration to evacuate the tenant, has to serve the tenant with an evacuation notice. The tenant, on the other hand, has to respond to, before any action including eviction can be carried out. On the same note, part II of the same act is applicable to the tenancy where the property being used obtains the protection. The act talks of an inclusion of the premises which includes those occupied by the tenant for the use of the business carried out by that tenant. The purpose might be for the specified business, or any other businesses carried out by the tenant. The act has some exceptions such as the one seen in S.4 3., for the company to improve that all the tenants take a lease period of more than six months. This is already applicable to all the tenants to ABC. The act does not provide a cover from the leases less than six months and have no scope for renewal. Even though both parties involved can agree on not to be covered, it is important to note that having a cover is very important, both to the business and its tenants, as well. Additionally, the tenancy that is granted by purpose of engagement by the guarantor has to be covered. Additionally, a tenancy that has obtained a grant by reason of occupation by the grantor gets excluded from the Act. This holds as long as there is clear agreement that states the purpose for which the tenancy exists. The condition of leasing of the building hall to the tenant who will then lease individual rooms to other businesses may prove productive in the long run. The tenant should take advantage of the fortification offered through the act. As a letting c ompany, the houses should be left under the control of the management. This will ensure maximum returns on the investment carried out. For ABC Company to make significant progress, it has to get a timely and accurate performance of the assets. It should also ensure that it gets market information relating to other people who deal in the same businesses. Any successful investor has to make sure that it embraces core assets management strategies. This has a pivotal role in ensuring that they make better investment decisions. They can also see to it that critical staff gets freed, and those left to manage the property do it diligent and efficiently. It is a common undertaking nowadays that most businesses experience fluctuating business cycles. This problem gets compounded by credit contractors and limited liquidity. Therefore, the company should seek accounting and finance services relating to the following scales; account receivable, Corporate Accounting/General Ledger, account payab le, portfolio accounting, as well as fund accounting. To avoid the risk incurred by fluctuations in business, ABC Ltd has to make sure that the terms of leases to do not rely on the profits and losses of the tenants. There are several ways that the property investment can be maximized. They include the following 1 Exit strategy: even though the business has already acquired the

Finance Paper Essay Example | Topics and Well Written Essays - 750 words

Finance Paper - Essay Example Bahamas for example has 301 licensed banks whereas the British Virgin Island only has 7. Offshore banking has a countless number of rewards, ranging from low to no taxation, to greater privacy and anonymous accounts, as well as protection against financial instability. With that being said, I would like to emphasize what these banks also offer. Offshore banking has aided terrorist by laundering their financial resources, allowing them to fund terrorist activities that are partially impossible to detect. It also highlighted in the collapse of the company Enron, where the company used offshore banks to avoid paying millions of dollars in US Tax. Offshore financial centers have very significant reasons for their existence. These financial resources provide financial services; these financial services can be divided into three broad groups: (i) Private investments, (ii) Asset protection, (iii) Estate planning (Higgins, 2000). Private investments are the significant part of the offshore f inancial centers. In the private investments, investments are handled and managed with an intention of reducing the potential tax liabilities. Additionally, private investments are done to increase the protection which is granted or provided under the legal confidentiality provisions. Asset protection comes with the use of international jurisdiction. In this category, with the help of international jurisdiction, the residence of client is separated; and asset protection helps protecting the income and assets from political, legal and fiscal risks. Estate planning is about assets and their administration. In estate planning, mostly assets, all types of assets, are properly administrated with the help of legal and fiscal jurisdictions (Higgins, 2000). With the help of financial institutions; like, international business corporations (IBCs), insurance companies, mutual funds, offshore corporations, and some of the recent gaming companies, a large and huge amount of funds are deposited in OFCs. With these available funds, different types of investment are made to generate some economic and financial contributions in the economy. Little work has been done to understand and determine the role and contribution of offshore banking in the creation and generation of employment and employment opportunities. It is the creation and availability of employment opportunities by the OFCs that provide the importance and significance of offshore banks as far as their role for the development of economy is concerned. Any sector is valued and measured in the economy on the basis of its contribution to the economy. Mostly, there are two ways in which this contribution is measured and analyzed: One, the money contribution of offshore banking. This means the amount of tax paid by the offshore banks in the economy determines and measures its value for the economy. There is another contribution given and provided by the offshore banks. That is of economic nature- creation and generatio n of employment opportunities. Various examples are available that clearly indicate and highlight that offshore banks are licensed. After getting license, they have established various branches in different parts of the world. A large amount of investment has been made to make offshore banking functional and useful.