Master this deck with 17 terms through effective study methods.
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It establishes the relationship between land ownership and the Crown.
Freehold grants permanent ownership, while leasehold is temporary.
It recognizes the rights of Indigenous peoples to their land.
Direct ownership involves holding title, while indirect ownership involves holding shares in a property entity.
They were replaced by the British legal system.
Held in perpetuity from the Crown without annual payment.
All land is held by way of grant from the Crown.
Freehold is held indefinitely, while leasehold has a specific duration.
Requires a written agreement between landlord and tenant.
A lease conveys an estate in land; a licence grants permission to use land.
A bundle of rights related to land, recognized under Australian law.
Investing directly in specific properties like rental or commercial real estate.
Involves third-party vehicles like REITs, requiring less capital.
Occupier demand for property usage reconciled with investor supply.
Market for financial ownership of real estate assets and investment decisions.
Location, buildings, and tenants.
Inflation, management, interest rate, legislative, and environmental risks