|
Quit-rent
Quit rent, quit-rent, or quitrent is a tax or land tax imposed on occupants of freehold or leased land in lieu of services to a higher landowning authority, usually a government or its assigns. Under English feudal law, the payment of quit rent (Latin ''Quietus Redditus'', pl. ''Redditus Quieti'') freed the tenant of a holding from the obligation to perform such other services as were obligatory under feudal tenure, or freed the occupier of the land from the burden of having others use their own distinct rights that affected the land (e.g. hunting rights which would have hindered farming). Thus, it was a payment for distinct rights that were connected with the full enjoyment of the land but not parcelled up in the ownership of the land. Formally, it was a sort of buy-back rather than a tax. A tax can be varied by the taxer; and if not paid there are penalties that can be varied by the taxer without formal limit. In contrast, the only sanction for not paying a feudal quit rent w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Land Tax
A land value tax (LVT) is a levy on the value of land without regard to buildings, personal property and other improvements upon it. Some economists favor LVT, arguing it does not cause economic inefficiency, and helps reduce economic inequality. A land value tax is a progressive tax, in that the tax burden falls on land owners, because land ownership is correlated with wealth and income. The land value tax has been referred to as "the perfect tax" and the economic efficiency of a land value tax has been accepted since the eighteenth century. Economists since Adam Smith and David Ricardo have advocated this tax because it does not hurt economic activity, and encourages development without subsidies. LVT is associated with Henry George, whose ideology became known as Georgism. George argued that taxing the land value is the most logical source of public revenue because the supply of land is fixed and because public infrastructure improvements would be reflected in (and thus pai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colonial America
The colonial history of the United States covers the period of European colonization of North America from the late 15th century until the unifying of the Thirteen British Colonies and creation of the United States in 1776, during the Revolutionary War. In the late 16th century, England, France, Spain, and the Dutch Republic launched major colonization expeditions in North America. The death rate was very high among early immigrants, and some early attempts disappeared altogether, such as the English Lost Colony of Roanoke. Nevertheless, successful colonies were established within several decades. European settlers came from a variety of social and religious groups, including adventurers, farmers, indentured servants, tradesmen, and a very few from the aristocracy. Settlers included the Dutch of New Netherland, the Swedes and Finns of New Sweden, the English Quakers of the Province of Pennsylvania, the English Puritans of New England, the Virginian Cavaliers, the Engl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renting
Renting, also known as hiring or letting, is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time. To maintain such an agreement, a rental agreement (or lease) is signed to establish the roles and expectations of both the tenant and landlord. There are many different types of leases. The type and terms of a lease are decided by the landlord and agreed upon by the renting tenant. History Various types of rent are referenced in Roman law: rent (''canon'') under the long leasehold tenure of Emphyteusis; rent (''reditus'') of a farm; ground-rent (''solarium''); rent of state lands (''vectigal''); and the annual rent (''prensio'') payable for the ''jus superficiarum'' or right to the perpetual enjoyment of anything built on the surface of land. Reasons for renting There are many possible reasons for renting instead of buying, for example: *In many jurisdictions (including India, Spain, Australia, Unit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
King's Remembrancer
The King's Remembrancer (or Queen's Remembrancer) is an ancient judicial post in the legal system of England and Wales. Since the Lord Chancellor no longer sits as a judge, the Remembrancer is the oldest judicial position in continual existence. The post was created in 1154 by King Henry II as the chief official in the Exchequer Court, whose purpose was "to put the Lord Treasurer and the Barons of Court in remembrance of such things as were to be called upon and dealt with for the benefit of the Crown", a primary duty being to keep records of the taxes, paid and unpaid. The first King's Remembrancer was Richard of Ilchester, a senior servant of the Crown and later Bishop of Winchester. The King's Remembrancer continued to sit in the Court of the Exchequer until its abolition in 1882. The post of King's Remembrancer is held by the Senior Master of the King's Bench Division of the High Court. Quit Rents ceremonies The Exchequer Court is reconstituted every year for the thr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysia
Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia on the Mainland Southeast Asia, Indochinese Peninsula and East Malaysia on the island of Borneo. Peninsular Malaysia shares land and maritime Malaysia–Thailand border, borders with Thailand, as well as maritime borders with Singapore, Vietnam, and Indonesia; East Malaysia shares land borders with Brunei and Indonesia, and a maritime border with the Philippines and Vietnam. Kuala Lumpur is the country's national capital, List of cities and towns in Malaysia by population, largest city, and the seat of the Parliament of Malaysia, legislative branch of the Government of Malaysia, federal government, while Putrajaya is the federal administrative capi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Borneo
North Borneo (usually known as British North Borneo, also known as the State of North Borneo) was a British Protectorate, British protectorate in the northern part of the island of Borneo, (present-day Sabah). The territory of North Borneo was originally established by concession (territory), concessions of the Sultanates of Bruneian Empire, Brunei and Sultanate of Sulu, Sulu in 1877 and 1878 to a German Empire, German-born representative of Austria-Hungary, businessman and diplomat, Gustav Overbeck. Overbeck had recently purchased a small tract of land on the western coast of Borneo in 1876 from American merchant Joseph William Torrey, who had promoted the territory in British Hong Kong, Hong Kong since 1866. Overbeck then transferred all his rights to Alfred Dent before withdrawing in 1879. In 1881, Dent established the North Borneo Provisional Association Ltd to manage the territory, which was granted a royal charter in the same year. The following year, the Provisional Ass ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Protectorate
A protectorate, in the context of international relations, is a State (polity), state that is under protection by another state for defence against aggression and other violations of law. It is a dependent territory that enjoys autonomy over most of its internal affairs, while still recognizing the suzerainty of a more powerful sovereign state without being a possession. In exchange, the protectorate usually accepts specified obligations depending on the terms of their arrangement. Usually protectorates are established de jure by a treaty. Under certain conditions—as with History of Egypt under the British#Veiled Protectorate (1882–1913), Egypt under British rule (1882–1914)—a state can also be labelled as a de facto protectorate or a veiled protectorate. A protectorate is different from a colony as it has local rulers, is not directly possessed, and rarely experiences colonization by the suzerain state. A state that is under the protection of another state while retai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colony
A colony is a territory subject to a form of foreign rule, which rules the territory and its indigenous peoples separated from the foreign rulers, the colonizer, and their ''metropole'' (or "mother country"). This separated rule was often organized into colonial empires, with their metropoles at their centers, making colonies neither annexation, annexed or even Territorial integration, integrated territories, nor client states. Particularly new imperialism and its colonialism advanced this separated rule and its lasting coloniality. Colonies were most often set up and colonized for exploitation and possibly settlement by colonists. The term colony originates from the ancient rome, ancient Roman , a type of Roman settlement. Derived from ''colonus'' (farmer, cultivator, planter, or settler), it carries with it the sense of 'farm' and 'landed estate'. Furthermore, the term was used to refer to the older Greek ''apoikia'' (), which were Greek colonisation, overseas settlements by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Empire
The British Empire comprised the dominions, Crown colony, colonies, protectorates, League of Nations mandate, mandates, and other Dependent territory, territories ruled or administered by the United Kingdom and its predecessor states. It began with the English overseas possessions, overseas possessions and trading posts established by Kingdom of England, England in the late 16th and early 17th centuries, and colonisation attempts by Kingdom of Scotland, Scotland during the 17th century. At its height in the 19th and early 20th centuries, it became the List of largest empires, largest empire in history and, for a century, was the foremost global power. By 1913, the British Empire held sway over 412 million people, of the world population at the time, and by 1920, it covered , of the Earth's total land area. As a result, Westminster system, its constitutional, Common law, legal, English language, linguistic, and Culture of the United Kingdom, cultural legacy is widespread. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fee Simple
In English law, a fee simple or fee simple absolute is an estate in land, a form of freehold ownership. A "fee" is a vested, inheritable, present possessory interest in land. A "fee simple" is real property held without limit of time (i.e., permanently) under common law, whereas the highest possible form of ownership is a "fee simple absolute", which is without limitations on the land's use (such as qualifiers or conditions that disallow certain uses of the land or subject the vested interest to termination). The rights of the fee-simple owner are limited by government powers of taxation, compulsory purchase, Law enforcement in the United Kingdom#Powers of officers, police power, and escheat, and may also be limited further by certain encumbrances or conditions in the deed, such as, for example, a condition that required the land to be used as a public park, with a reverter, reversion interest in the grantor if the condition fails; this is a fee simple conditional. History ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colonialism
Colonialism is the control of another territory, natural resources and people by a foreign group. Colonizers control the political and tribal power of the colonised territory. While frequently an Imperialism, imperialist project, colonialism can also take the form of settler colonialism, whereby settlers from one or multiple colonizing metropoles occupy a territory with the intention of partially or completely supplanting the existing population. Colonialism developed as a concept describing European colonial empires of the modern era, which spread globally from the 15th century to the mid-20th century, spanning 35% of Earth's land by 1800 and peaking at 84% by the beginning of World War I. European colonialism employed mercantilism and Chartered company, chartered companies, and established Coloniality of power, coloniality, which keeps the colonized socio-economically Other (philosophy), othered and Subaltern (postcolonialism), subaltern through modern biopolitics of Heterono ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tenant Farmer
A tenant farmer is a farmer or farmworker who resides and works on land owned by a landlord, while tenant farming is an agricultural production system in which landowners contribute their land and often a measure of operating capital and management, while tenant farmers contribute their labor along with at times varying amounts of capital and management. Depending on the terms of their contract, tenants may make payments to the owner either of a fixed portion of the product, in cash or in a combination. The rights the tenant has over the land, the form, and measures of payment vary across systems (geographically and chronologically). In some systems, the tenant could be evicted at whim ( tenancy at will); in others, the landowner and tenant sign a contract for a fixed number of years ( tenancy for years or indenture). In most developed countries today, at least some restrictions are placed on the rights of landlords to evict tenants under normal circumstances. England and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
