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  2. Rates in Hong Kong - Wikipedia

    en.wikipedia.org/wiki/Rates_in_Hong_Kong

    Refund for non-domestic vacant properties was eventually removed on 1 July 1995. Thereafter, refund of rates is not allowed for vacant properties unless they are vacated as a result of a Government initiated court order. Refunds are also allowed for vacant open land, providing it is not used for the parking of motor vehicles.

  3. Special assessment tax - Wikipedia

    en.wikipedia.org/wiki/Special_assessment_tax

    So, while both properties have identical $5,000 special assessment obligations because sewer installations have been specially assessed, there will be a huge difference in their ad valorem tax levies; one ad valorem levy will be based upon the value of a vacant lot and the other will be based upon the value of the lot plus the million dollar home.

  4. Real options valuation - Wikipedia

    en.wikipedia.org/wiki/Real_options_valuation

    Real options valuation, also often termed real options analysis, [1] (ROV or ROA) applies option valuation techniques to capital budgeting decisions. [2] A real option itself, is the right—but not the obligation—to undertake certain business initiatives, such as deferring, abandoning, expanding, staging, or contracting a capital investment project. [3]

  5. Builder's risk insurance - Wikipedia

    en.wikipedia.org/wiki/Builder's_risk_insurance

    Buildings are subject to many different risks while under construction. They may catch fire, be damaged by high winds, or fall victim to other force majeure.A principle of common law is that any new construction or other improvement to land becomes property of the owner of the land – the title holder – once there has been an "improvement" to the owner's site.

  6. Unearned increment - Wikipedia

    en.wikipedia.org/wiki/Unearned_increment

    Unearned increment is an increase in the value of land or any property without expenditure of any kind on the part of the proprietor; it is an early statement of the notion of unearned income. It was coined by John Stuart Mill , who proposed taxing it so that it benefits every member of a society.

  7. Infill - Wikipedia

    en.wikipedia.org/wiki/Infill

    Doing so requires explaining that infill projects use vacant land and do not displace lower income residents, but instead benefit them in the creation of stable, mixed-income communities. [5] Addressing the issue of cultural displacement is also paramount, as infill development still has the potential to shift the cultural identity of a ...

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