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EQUITY CAPITAL

This is a source of financing property development and it refers to personal savings. Nowadays, it is increasingly becoming hard to fully finance estate development through money, which the owner personally saves. It is an internal source of finance. A form of equity capital is sale and lease back arrangement.
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EQUATED YIELD

In Donaldson Investment tables, equated yield is defined as the discount rate, which is applied to the projected income so that the summation of all the incomes discounted at this equated yield rate equates the capital outlay. It could also be simply defined the opportunity cost of money.
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EQUALISATION FUND

This is a form of sinking fund which is set aside each year to provide financial resources for items of repair or renewal which are likely to be undertaken at intervals of more than one year, e.g. external decoration or renewing parts of heating boilers.
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ENVIRONMENTAL IMPACT ASSESSMENT

Environmental assessment (EA) is the assessment of the environmental consequences (positive and negative) of a plan, policy, program, or concrete projects prior to the decision to move forward with the proposed action. In this context, the term ‘environmental impact assessment’ (EIA) is usually used when applied to concrete projects by…
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EASEMENTS AND PROFITS APRENDRE

An easement can be defined as a privilege without profit whereby an owner of land or servient tenant allows another person who has the dominant tenement certain rights over his land. The person with the right to an easement must however be the land owner. Easement falls into 2 categories:
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DESKTOP OPINION

A professional opinion of the appropriately defined value, expressed in terms of currency to be realised by the sale of assets, in which the opinion is generated from lists and/or other informational materials supplied to the Appraiser and....
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DEPRECIATION

Depreciation is defined as the monetary value of an asset decreases over time due to use, wear and tear or obsolescence. It can also be described as a non-cash expense that reduces the value of an asset as a result of wear and tear, age, or obsolescence. Describing depreciation as…
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CRITICAL SUCCESS FACTORS

Critical success factors (CSF) are those actions that must be performed well in order for the objectives or goals established by an organisation to be met satisfactorily. Within each CSF will be one or more key performance indicators (KPI).
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COVENANT

This is just a promise made in a contract under seal. In other words, it covers an agreement involving promises in writing, signed, sealed and delivered requiring no consideration before it becomes binding on the parties to it. Covenant may be positive or negative.
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