| equivalent to "royal estate", real originating from the French royale, federal home loan bank rate it was the French-speaking Normans who introduced feudalism to England and thus to the English language; cognate to Spanish real. With the development of private property ownership, real estate has become a major area of business. Purchasing real estate requires a significant investment, and each parcel of federal home loan bank rate has unique characteristics, so the real estate industry has evolved into several distinct fields. Specialists are often called on to valuate real estate and facilitate transactions. Some kinds of real estate businesses include: Appraisal - Professional valuation services Brokerages - Assisting buyers and sellers in transactions Development - Improving land for use by adding or replacing buildings Property management - Managing a property for its owner(s) Relocation federal home loan bank rate - Relocating people or business to different country In owner-occupancy, the landlord - tenant relationship is short-circuited. Consider two people, A and B, each of whom owns property. If federal home loan bank rate lives in B's property, and B lives in A's, two financial transactions take place - each pays rent to the other. But if A and B are both owner occupiers, no money changes hands, even though the same economic relationships exists; there are still two owners and two occupiers, but the transactions between them no longer go through the market. The amount that would have federal home loan bank rate hands had the owner and occupier been different persons is called the imputed rent. The effect of owner occupancy is therefore that the imputed rents disappear from measures of national income and output, unless figures are added to take them into account. Government loses the opportunity to tax the transaction. Sometimes governments have attempted to tax the imputed rent (Schedule A of the federal home loan bank rate income tax used to do this), but this tends to be unpopular because most people do not understand the concept of imputed rent. In modern economies, variations in the rate of owner occupancy are a good index of the federal home loan bank rate wealth of the nation, at least across time within a nation. Between nations, variations in traditions and in tax regimes make |
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