development value definition
development value means an increase in value attributable to the prospect of development; and, in relation to any land, the development of it shall include the clearing of it; and
development value means an increase in value attributable to the prospect of development;
development value means an increase in value attributable to the prospect of development; and, in relation to any land, the development of it shall include the clearing of it; and “owner” has the meaning given by section 34 of the Forestry Act 1967(27) (meaning of “owner”).
More Definitions of development value
development value means any significant increase in the value of a lease arising as a result of the subjects of the lease becoming free to be used, or dealt with, in some way not permitted under the lease, and
development value means a sum equivalent to five times the annual value of land as assessed under the Cess Act, 1880;’;
development value means [Redacted – confidential information].
development value means the price at which the Land (or such relevant part which is subject to the circumstances referred to in clause 15.2.1 or 15.2.2) might reasonabley be expected to be sold unconditional as at the date the Planning Permission was granted in the open market with vacant possession by private treaty free from encumbrances and with the benefit of the Planning Permission assessed in accordance with the principles of assessment of market value contained in the relevent practice statement of the Royal Institution of Chartered Surveyors Appraisal and Valuation Standards (current editition at the time that the valuation is made) and taking into account the assumptions contained in clause 15.3 of this Deed.
development value means any significant increase in the value of a lease arising as a result of the subjects of the lease becoming free to be used, or dealt with, in