SDLTM00280 - Scope: What is chargeable: Land transactions: Meaning of chargeable interest FA03/S48
바카라 사이트˜Chargeable interest바카라 사이트™ means:
a) an estate, interest, right or power in or over land in England, Wales and Northern Ireland, or
b) the benefit of an obligation, restriction or condition affecting the value of any such estate, interest, right or power (FA03/S48(1))
other than an 바카라 사이트˜exempt interest바카라 사이트™. For 바카라 사이트˜exempt interests바카라 사이트™ see SDLTM00320.
Chargeable interests include:
- a freehold estate (the nearest equivalent to absolute ownership, sometimes referred to as an 바카라 사이트˜estate in fee simple바카라 사이트™)
- a leasehold estate (sometimes referred to as a 바카라 사이트˜term of years바카라 사이트™)
- an undivided share in land
- a right in or over land such as an easement or profit a prendre, for example a right of light
- a rentcharge
- in Northern Ireland, a ground rent or fee farm rent
- the right to receive rent (IRC v John Lewis Properties Ltd [2001] STC 1118 at 1134[16])
- the benefit of a restrictive covenant
- the benefit of a positive covenant (an example of the benefit of an obligation)
- an equitable or beneficial interest in land such as a life interest or an interest in reversion or in remainder.
- a executor바카라 사이트™s or trustee바카라 사이트™s power of appointment (the only likely example in practice of a power over land).