Though land comprises a significant component of the total asset portfolio of Indian households, the quality of land titles is poor. So far, policies have been directed at improving government ...records, with the objective of being able to issue titles that are “conclusive” in nature, and an indemnity system run by the state that compensates those who suffer from errors or omissions of government agencies maintaining such records. This paper explores an alternative method of reaching the same objective—title insurance. Recently, the 2016 Real Estate Regulation Act has allowed state governments to require title insurance for real estate projects. There is, however, no title insurance available in the Indian market yet. This paper examines the nature of title insurance to propose mechanisms by which title insurance can be introduced in India and highlights important regulation considerations to help introduce title insurance market in India successfully., Though land comprises a significant component of the total asset portfolio of Indian households, the quality of land titles is poor. So far, policies have been directed at improving government records, with the objective of being able to issue titles that are "conclusive" in nature, and an indemnity system run by the state that compensates those who suffer from errors or omissions of government agencies maintaining such records. This paper explores an alternative method of reaching the same objective title insurance. Recently, the 2016 Real Estate Regulation Act has allowed state governments to require title insurance for real estate projects. There is, however, no title insurance available in the Indian market yet. This paper examines the nature of title insurance to propose mechanisms by which title insurance can be introduced in India and highlights important regulation considerations to help introduce title insurance market in India successfully.
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CEKLJ, IZUM, KILJ, NUK, PILJ, PNG, SAZU, UL, UM, UPUK
Real estate agency has been relegated in academic curriculum of Estate Management Programme in Nigeria. This partly accounts for few research efforts in the field compared to what is obtainable in ...the UK, US and Asia. This research therefore aims at examining the practice of real estate agency amongst the professionals’ viz-a-viz curriculum of study obtained while they were undergoing trainning. 159 Estate Surveying firms and 91 Property Development Companies in Lagos were studied. Relative Importance Index and Chi-Square test set at the 0.05 level of significance were adopted for the analysis. It was found that multiple agency was the most practiced which was also fraught with inefficiencies. The study thereby advocated a modification of agency practice through review of curriculum and commitment of both agents and principals in order to eradicate the identified inefficiencies. It also called for focus on the neglected real estate agency research among Nigerian researchers.
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GEOZS, IJS, IMTLJ, KILJ, KISLJ, NLZOH, NUK, OILJ, PNG, SAZU, SBCE, SBJE, UILJ, UL, UM, UPCLJ, UPUK, ZAGLJ, ZRSKP
Despite decades of effort, intelligent object search remains elusive. Neither search engine nor semantic web technologies alone have managed to provide usable systems for simple questions such as ...“find me a flat with a garden and more than two bedrooms near a supermarket.”
We introduce deqa, a conceptual framework that achieves this elusive goal through combining state-of-the-art semantic technologies with effective data extraction. To that end, we apply deqa, to the UK real estate domain and show that it can answer a significant percentage of such questions correctly. deqa achieves this by mapping natural language questions to Sparql patterns. These patterns are then evaluated on an RDF database of current real estate offers. The offers are obtained using OXPath, a state-of-the-art data extraction system, on the major agencies in the Oxford area and linked through Limes to background knowledge such as the location of supermarkets.
The aim of cooperative game theory is to suggest and defend payoffs for the players that depend on a coalition function (characteristic function) describing the economic, social, or political ...situation. We consider situations where the payoffs for some players are determined exogenously. For example, in many countries, lawyers or real-estate agents obtain a regulated fee or a regulated percentage of the business involved. The aim of this article is to suggest and axiomatize two values with exogenous payments, an unweighted one and a weighted one.
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