Topics

46

Real Estate / Real Estate Business Model

« on: August 05, 2011, 10:39:01 PM »

 A business model is the theory and basic plan, as well as the structure, for operating a business. There are usually many business models in an industry. A model is chosen as a preference of how the owners want to operate, and as a response to their market and customer requirements. Real Estate business models include:
•   Independent brokerage
•   Real Estate Franchises
•   Associate brokers
•   Flat Fee
•   Commission Percentage
•   Fee-for-service
•   Buyer Brokerage.
Independent Brokerage as a Business Model
As a business model for the practice of real estate, Independent Brokerage is operating outside the framework of a larger business entity, such as a franchise.
Sometimes called boutique brokerages, the independent broker operates on their own, without the oversight or help of a larger franchise or parent organization.
Real Estate Franchises
As a business model in the practice of real estate, a franchise is a business structure with a parent and franchised smaller subsidiary operations. These are still independent companies, usually locally owned.
However, the franchisees receive support, training, marketing help and power, and training from the franchise parent. The franchisees operate with standards and rules set out by the parent and contribute a portion of their revenues for the benefits of the franchise.
Examples:
•   Century 21 Real Estate
•   Coldwell Banker Real Estate
•   REMAX
Associate Broker
A real estate person holding a broker license that chooses to associate or affiliate with another sponsoring broker rather than opening their own brokerage office. They want the added knowledge and status of a broker, but do not desire to operate an independent office.
Flat Fee Real Estate Brokerage
As a business model, real estate flat fee brokerage is relatively new on the scene. It has evolved with downward pressure on real estate listing commissions. Generally, the name explains it very well. A flat price is placed on the delivery of listing or buyer brokerage services.
There is no percentage of the sales price involved, only a flat quoted price for the list of provided services. What is provided can vary by law and by the choice of the company doing flat fee brokerage.
The Standard Percentage of Selling Price Commission Model
Almost since the inception of real estate brokerage, the universally accepted business model has been to be compensated when a transaction closes successfully with a percentage of the selling price. Generally, the seller is said to be paying both agents the agreed-upon percentage, however, it's with the buyers' money.
This model is under attack as being excessive compensation in some cases. Other models are challenging its dominance, though none are even close to the universal use of this business model.
Fee for Service
 Fee for service in real estate is a financial model that charges the client for real estate listing or buyer services based on services performed, rather than a negotiated percentage of the selling price.
This pricing model can take various forms. It could be an a-la-carte price list or a base dollar amount with additional charges for showing trips or other services. It can even combine a small percentage for certain core services and additional charges for more work.

Buyer Brokerage as a Real Estate Business Model

In the old days, all the real estate agents worked for the seller, and in their best interests only. Now, representing buyers is not only accepted, it's mainstream in the business of real estate brokerage.
The pure buyer brokerage only represents buyers, and they do not take listings. This allows them to serve their buyers without any possible conflict of interest or dual agency issues. The buyer brokerage advertises their specialty and markets their business as a benefit to buyers in getting their interests served in the transaction.

47

Real Estate / Regulatory bodies of Authorities

« on: July 27, 2011, 09:02:53 PM »

Ministry of planning:
1. National Economic Commission (NEC).
2. Planning Commission (PM).
Ministry of land:
1. Directorate of Land Records and Surveys (DLRS).
2. Land Reform Board (LRB).
3.  Deputy  Commissioner /Collectors.
Ministry of work:
1.   Architecture Department
2.   Public Work Department (PWD)
3.   Housing and Settlement Directorate (HSD)
4.   Urban Development Directory (UDD)
5.   Housing and Building Research Institute (HBRI)

Ministry of local Government:
1. Municipalities.
2. City Corporation.
3. Directorate of Public Health and Engineering (DPHE)
4. Local Government Engineering Department (LGED)
4. Water and Sewerage Authorities (WASA)
Ministry of Finance:
1.   House Building Finance Corporation (HBFC).

Divisional authorities for controlling and regulating housing and built forms:
1.   Rajdhani Unnyan Kartripakhkha (RAJUK).
2.   Dhaka City Corporation (DCC).
3.   Chittagong Development Authority (CDA)
4.   Chittagong City Corporation (CCC).
5.   Khulna Development Authorities (KDA).
6.   Khulna City Corporation (KCC).
7.   Rajshahi Development Authorities (RDA).
8.   Rajshahi City Corporation (RCC).
9.   Rajshahi Metropoliton City (RMC).
Documentation and Research Institute;
1. Bangladesh Standardization and Testing Institute.(BSTI)
2. Housing and Building Research Institute (HBRI)

48

Real Estate / Real estate development

« on: July 27, 2011, 03:12:05 PM »

Real estate development, or Property Development, is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved land or parcels to others. Developers are the coordinators of the activities, converting ideas on paper into real property.
Real estate development is different from construction, although many developers also construct. Developer Louis Lesser drew the distinction in a 1963 New York Times article, "Developing is the key word. 'We don't build ourselves', Mr. Lesser stresses. 'We buy the land, finance the deal, and then we have the best builders build under bond at a fixed cost.'
Developers buy land, finance real estate deals, build or have builders build projects, create, imagine, control and orchestrate the process of development from the beginning to end. Developers usually take the greatest risk in the creation or renovation of real estate—and receive the greatest rewards. Typically, developers purchase a tract of land, determine the marketing of the property, develop the building program and design, obtain the necessary public approval and financing, build the structure, and lease, manage, and ultimately sell it. Developers work with many different counterparts along each step of this process, including architects, city planners, engineers, surveyors, inspectors, contractors, leasing agents and more.
Organizing for development
A development team can be put together in one of several ways. At one extreme, a large company might include many services, from architecture to engineering. At the other end of the spectrum, a development company might consist of one principal and a few staff who hire or contract with other companies and professionals for each service as needed.
Assembling a team of professionals to address the environmental, economic, physical and political issues inherent in a complex development project is critical. A developer's success depends on the ability to coordinate the completion of a series of interrelated activities efficiently and at the appropriate time.
The development process requires skills of many professionals: architects, landscape architects, civil engineers and site planners to address project design; market consultants to determine demand and a project's economics; attorneys to handle agreements and government approvals; environmental consultants and soils engineers to analyze a site's physical limitations and environmental impacts; surveyors and title companies to provide legal descriptions of a property; and lenders to provide financing.
Land development
Further information: Land development
Purchasing unused land for a potential development is sometimes called speculative development.
Subdivision of land is the principal mechanism by which communities are developed. Technically, subdivision describes the legal and physical steps a developer must take to convert raw land into developed land. Subdivision is a vital part of a community's growth, determining its appearance, the mix of its land uses, and its infrastructure, including roads, drainage systems, water, sewerage, and public utilities.
In general, land development is the riskiest but most profitable technique as it is so dependent on the public sector for approvals and infrastructure and because it involves a long investment period with no positive cash flow.
After subdivision is complete, the developer usually markets the land to a home builder or other end user, for such uses as a warehouse or shopping center. In any case, use of spatial intelligence tools mitigate the risk of these developers by modeling the population trends and demographic make-up of sort of customers a home builder or retailer would like to have surrounding their new development

49

Real Estate / What are GIS and remote sensing?

« on: July 26, 2011, 07:59:54 PM »

A geographic information system (GIS) is a computer-based tool for mapping and analyzing feature events on earth. GIS technology integrates common database operations, such as query and statistical analysis, with maps. GIS manages location-based information and provides tools for display and analysis of various statistics, including population characteristics, economic development opportunities, and vegetation types. GIS allows you to link databases and maps to create dynamic displays. Additionally, it provides tools to visualize, query, and overlay those databases in ways not possible with traditional spreadsheets. These abilities distinguish GIS from other information systems, and make it valuable to a wide range of public and private enterprises for explaining events, predicting outcomes, and planning strategies. For more, see GIS.com.

Jobs in Remote Sensing & GIS
http://www.earthworks-jobs.com/remotese.htm

50

Real Estate / Summer/11 class .

« on: May 19, 2011, 08:48:40 PM »

any one can say me when our class will be start ............................... we need it emergency..
And also better if any one upload our class schedule  of BRE Summer 2011


Thanks to all

51

IT Forum / LED vs LCD Monitor

« on: May 18, 2011, 12:10:56 AM »

There was an age when the only type of TVs and computer monitors in use were CRT (cathode ray tube) types, which made an imposing presence. The domination of CRTs is over today with the arrival of LCD, Plasma, DLP and LED TVs and monitors. I had heard about LED-based light fixtures but LED monitors took me by surprise. That is when I decided to dig deep and know more about what LED monitors are and how do they work. I discovered that they have a lot of similarities with LCD TVs and monitors. In fact, I found that there is a lot of confusion regarding LED (Light Emitting Diode) and LCD (Liquid Crystal Display) monitors that needed clarification. That's what led me to present a LED vs LCD comparison to clear out all the doubts.

LED Vs LCD Monitor Review

Let me begin this comparison between LED and LCD monitors with an explanation of fundamental differences between these two types.

LED Vs LCD Monitor: Basic Difference
LED and LCD monitors are based on the same basic technology for image display but differ in the kind of backlighting used. While LCD monitors use cold cathode fluorescent lamps for backlighting, LED monitors use light emitting diodes. This is the main difference between the two display technologies. So LEDs are a type of LCD monitors.

Unlike CRT monitors that generate their own light through cathode ray incidence on fluorescent materials, LCD displays have to rely on external lighting as their display is created through manipulation of light passing through polarized liquid crystals. The backlighting affects picture quality substantially and light shed by LEDs offer superior picture quality compared to LCDs.

This is because LEDs offer much more gradation in intensity, giving a much truer color quality. These types of monitors offer a better dynamic contrast ratio too. So if you compare LED vs LCD monitor for gaming and other intensive graphic applications, LED monitors are surely better choices. You might want to check out the best LED TV on the market, and LED TV vs LCD TV before choosing your new television set.

There are two types of LED backlighting techniques used. One is RGB dynamic LED and the other one is edge LED. The former type of backlighting uses LEDs placed behind the LCD TV or monitor screens, while the latter uses LEDs placed around the monitor rim, from where light is made to diffuse behind the screen. Since LEDs are placed around the rim on edge LED monitors, they can be a lot slimmer than conventional LCDs.

LED Vs LCD Monitor: Power Consumption
LED monitors are a very recently introduced technology and they are preferred over LCD monitors because of the amazingly rich picture quality and comfort of viewing. One more advantage that LED monitors have over LCD ones is the power consumption factor. LED monitors require a lot less power to operate than cold cathode fluorescent lamps. This property can be attributed to the inherently low energy needs of an LED.

LED monitors are also a lot softer on the eyes than LCD monitors which make them popular choices for people who work for long hours on their desktop computers. Their power consumption is as much as 40% lesser than conventional LCD monitors. They are also a lot more eco-friendly because mercury is not used in their production.

LED Vs LCD Monitor: Cost
One major factor that has been holding back LED technology from reaching the masses is the high price factor. The manufacturing of these devices is a lot costlier currently compared to LCD displays which have raised their overall price. To get an idea about the complete range of choice available to you while buying new computer monitors or TVs, refer to LCD vs LED vs plasma comparison or a LCD vs plasma vs DLP comparison.

Hope this LED vs LCD monitor comparison has left no doubt in your minds about how these two technologies are different. It will take time for the manufacturing costs of this technology to lower down but when it does, it will surely replace conventional LCD monitors in large numbers.

JAFAR IQBAL.BRE

52

Real Estate / HOUSING AND REAL ESTATE

« on: May 06, 2011, 11:14:41 PM »

                                                  REHAB MEMBER: NOT THE WHOLE TRUTH



Housing is one of five basic needs of the human race. To make human life safe, secured and better, there is none but to have a home- sweet home. From the time immemorial when Adam and Hawa (AS) started conjugal life, they felt to make homes. The sense of building home had waved in the minds of the succeeding prophets and fellows so discussed shaped and reshaped years after years of struggle.
In Bangladesh, the practicing of make home is very old. But in the modern metropolitan sphere when concrete- house started to raise heads up, a set of rules for making the standard so urgently felt by the decision-maker that they made Town Improvement Act, 1953 and Building Construction Act, 1952 (East Bengal Act II of 1953. Later Bangladesh Government by the power given in the Building Construction Act, 1952 (East Bengal Act II of 1953) made Dhaka City Building Construction Rules, 2005 that has been duly amended by Dhaka City Building Construction Rules, 2008. Along with Dhaka Metropolitan Development Plan (1995-2015) was also made accordingly.
In 2008, an ordinance so made for the development and management of the real estate has not yet been passed by the Government that came to power in 2009 and whether it may be an act is really uncertain, in the one hand, the Environmental Organizations, on the other hand, are demanding to pass the ordinance as an act. Reality is that a lobby of the Government is contesting to REHAB election-2010 is assuring that Real Estate Development and Management Ordinance, 2008 may not be passed as an act since it has curved the interests of the Real Estate Developers. Making mandatory to make registration of the company, barring any advertisement for sale prior getting approval number from the concerned authority (for instance, RAJUK) the ordinance has seriously dissatisfied to a group deal in Real Estate Developing.
In this regard two questions have brought in our mind:
• What is the problem to get approval number from the authority? Are the Real Estate Businessmen disobedient in doing measures so compatible to ensure a sound environment and pacifying the logical satisfaction of the clients abiding by the standard comprised in the act aforesaid?
Is the authority like RAJUK, KDA, CDA,RDA etc. are lazy and corrupt enough to speed up in perusing registration for the developer or approval number of the project or employees hanker after cash to by-pass monitoring precisely and timely?
If these two propensities are available then it is obviously a concern for building environmental friendly and livable cities. Lack of responsibilities and steps diverged from the customary laws of the concerned departments have lead the cities like Dhaka and Chittagong in particular and other cities in general soaking by air, water and sound pollution and uncomfortable traffic congestion so and so.
If authorities like RAJUK, CDA, KDA, RDA etc and the building developers are consciously share common view in violating the law that ensures an environmental friendly and comparatively safer mode of living, we may call them ‘environmental terrors'. The chairman, engineers and other officials, developers ¾ all those are included to this emblem.
Influx of democracy has lead to approach such a horrified course of action. The more the bottomless and homeless peoples are sheltered and guilt house owners in violating the rules, the more the chance to blackmail in gaining votes from their ends. It is, in other sense, be termed as the ‘Tumor for Democracy'. While Sidor, Water tidal and cyclone, affected peoples those who were rehabilitated at that time through different ways unfortunately the same course of action was not seen for the people living in Aila affected area; different source added that nearly 42 thousand families have been living on the embankment in Aila affected area and neither the fund of GOB nor foreign aid was arranged to be offered to rehabilitate them: after one year some token assistance from Bangladesh Military has come to our sight. Now if this homeless people come to big congested metropolitan area, who is to be blamed: obviously those who heaping then in the slum, a centre point of crime, grabbing railway property, water reservoir use to gain vote instead of serving humanity. So politics for vote comprised by corrupt and tricky vested mafia is nothing but an effort destroys our dream to live in the sound environment despite the fact that we support the concept: live and let live.
Come to the main point. If you notice on the big signboard in front of the project or in the advertisement displayed in the dailies, bill board near the busy street or in different advertising materials you may find just two words: “REHAB MEMBER”. By it sellers try to make the clients persuade that the project is 100% pure gold that means the project is legitimized from the concerned Governmental department. On the other hand, if we try to obtain the project approval number or whether the developer is enlisted to the authority so obligatory to be known as per the law need to abide by the citizens – we become nonsense; since the lists of the authority so publishable and displayable for the approved projects, nothing may be traceable. More clearly, without obtaining the approval number - projects go on as per their own discretions – no matter what those compatible to the building code and other relevant standards resulting the lives are supposed to face in risk. Now, during the new regime, situation has been changed: no massive effort from the end of the public administration to regularize the administrations like RAJUK, CDA, KDA, RDA etc. Instead of, we see the flood of irregularities in the concerned department. Hundreds of projects are passed under the hand of a couple of engineers in the office without proper scrutiny and having taken inducement. Top level decision makers are playing role as a referee and takes the side the party that please them.
Some sections seen omitted in the Dhaka Building Construction Rules, 2008 favored the Real Estate Developers who do not want to look after the interest of the client or approved design or whatsoever; whereas those were available in Dhaka Building Construction Rules, 2005. For instance,
(a)    Dhaka City Building Construction, 2005 directs that unless getting any approval number for building / project development from the authority, no circulation or advertisement be published.
(b)    Also directs that the building so made for commercial purpose must contain number and date of the approved design in the brochure, signboard and bill board. Similarly. Ensures to the availability of name and registration number of designer, architect or builder so displayable public in front of the project.
 under the title of restoration of buyer's interest, Dhaka City Building Construction Rules, 2005 directed that in order to construct building commercially the firm must be a member of concerned trade body as per the official order no. MC/oba -6/A- 3/92/114 of the Ministry of Commerce so that in the case any irregularity found at time of hand over or registration, that legitimized trade body may take legal action against that real estate developer. This section ensured the monopolistic presence of REHAB (Real Estate and Housing Association of Bangladesh); this section opened the door for associations other than a single trade body REHAB (Real Estate and Housing Association of Bangladesh). On light of it, Dhaka City Building Rules, 2008 has omitted such sections.
In the mind of general people, it is in general appears that since it is being advertised, there is no legal barrier in purchasing the apartment. Once that is purchased, the mighty real estate vendors have the chance to show banana to the client and there is a little chance for the client to protest since there is a maximum possibility of the dishonest public servant of the department to linger showing the excuse that the client has signed agreement for purchase. In that circumstance, the officials who are like the king in the department will collect BOKRA (inducement) from the seller. Hence, it was better to ensure the legitimacy of the project prior any dealing that was inclusive to the rules of 2005. Although the Caretaker Government arranged to save the real estate developer and made a passage to earn the mass-media in 2008 (it opened door for the mass media who have little social commitments than to pile up their vested interests), they left chance to watch light in the tunnel, on the other hand, that is seen in the Real Estate Development and Management Ordinance, 2008.
In the second chapter of the Ordinance under the title ‘Liability of the developer' directs that developer must comprise registration number of the real estate, memorandum no along with approval number of the authorized design in its prospectus. Furthermore, it also directs that no advertisement be supplied in any mass media without getting approval of the project etc. Even it clarified that before the project approval; the developer must not demise or peruse any agreement for demise the real estate to any party.
In the third chapter of the ordinance, for instance, directs that after paying full amount payable for the real estate; the transmission of the possession, deed and registration must come to an end. It is also a positive rule may look after the interest of the client. Furthermore, the ordinance assigned the responsibility to the authority (rather than any association) to maintain and publish to a list comprised by registered developers. In addition, for the registration of the developers so conditions put forward; amongst them developer's registration in REHAB or Land Developer's Association have been made optional (if any) rather than a must.
Both of the amendment and ordinance made by the CG, made REHAB ultimately obligatory than to have the options to get the registration of any other association as under the title of restoration of buyer's interest, Dhaka City Building Construction Rules, 2005 that must be a member of concerned trade body as per the official order no. MC/oba -6/A- 3/92/114 of the Ministry of Commerce. It may remain a mystery about to be over confident that being a member of REHAB or Land Developers' Association they would look after the interest.
The topic that we tried to portray that being a member of REHAB many developers erect sign board or advertise do not feel necessary that project approval, authorization of design are more important than the emblem ‘ MEMBER REHAB'. Our investigation suggests there is a little accessibility of the clients to the office of REHAB. Most of the cases reception plays such a role thus the client should better to leave; furthermore, the website of REHAB is almost inaccessible. The exact of number of REHAB member nor any further assistance is obtained. In addition, observing last years when REHAB was in full operation, lots of irregularities regarding this sector was found from different quarters. In this situation, allowing REHAB an exclusive association may be harmful to this sector.
Most interestingly we see that present Government, although, approved, amended to different act; the ordinance or rules so proposed made by CG have been changed around for last one year.
We saw even present concerned Minister in a meeting tried to get sympathy from the accused quarters by saying: “Who have told you land robber? “ It is the court that vowed such a verdict that clarified that there are robbers in this sector. Instead he could warned both the administration and the land developer plus real estate developer that both should comply the law in order to build a modern safer Dhaka where business would be harmonious but clients would not cheated. Minister should guard the rules, not the interest of vested groups.
Unfortunately, while we conduct the survey in the project of the developers so observed in open eyes simply provoke us that city is going in ruin!

Thanks to all

JAFAR IQBAL  BRE

53

Real Estate / "An Introduction to GIS in Real Estate"

« on: April 27, 2011, 03:50:46 PM »

"A Geographic Information System (GIS) is a set of computerized tools (including both hardware and software) for collecting, storing, retrieving, transforming, and displaying spatial data."* GIS is essentially a marriage between computerized mapping and data base management systems. Anything that can appear on a map can be encoded into a computer and then compared to anything on any other map, using longitude-latitude coordinates.

Many people think of GIS as a presentation tool. A GIS does in fact create high quality maps that communicate considerable amounts of information in an efficient and attention-getting manner. ("A picture is worth a thousand words.") For example, when used to select the optimal site for a major retail facility in a certain submarket, in a few seconds a GIS can simultaneously display on the computer monitor:

All the census tracts in the submarket, with the color of each tract reflecting the number of households and median household income;
 
All the arterials, with the traffic volumes listed next to each street segment;
 
The sites of all potential competitors, shown as dots, with the size of each dot drawn proportional to the square footage or gross sales of that competitor; and
 
The locations of any toxic waste sites, flood zones, earthquake faults, or other environmental constraints.
The presentation benefits of a GIS notwithstanding, the technology's greatest power is in data assembly and analysis. Using the above example, a CRE might ask a GIS to draw maps identifying all places throughout the nation where the number of households and their incomes exceed a certain threshold, the number of competitors within a five minute driving time is below a certain number, and no environmental constraints exist within a one-mile ring. Similarly, when valuing a property a CRE might:

Download from a "comps service" all the recent transactions fulfilling certain criteria;
 
Have the GIS automatically locate the comps on a street map, listing next to each comp certain critical information (e.g., date and cap rate of the most recent sale);
 
By pointing to each comp with the computer's arrow keys or mouse, display a photograph or even video of the comp; and
 
Statistically correlate the property-specific information to all the demographic, traffic, competitor, and environmental information displayed previously.
Real estate professionals who are currently in the lead in exploring the endless possibilities of GIS are retailers, brokers, institutional investment managers, and property tax assessors. Among the professionals who certainly ought to be using the technology, but for various reasons have been slow to realize the potential, are real estate consultants, appraisers, corporate real estate executives, mortgage underwriters, asset and property managers.

The overall benefits of GIS include:

More credible decisions, based on incorporating more comprehensive data in the analysis, visualizing the information in two or even three dimensions, and rapidly testing numerous alternatives in ways not possible with other technologies;
 
Enhanced presentation of the analysis results ("How you say something can be as important as what you say'); and
 
As a result, an increased competitive position, greater revenues, higher profits.

JAFAR IQBAL,  BRE

54

English / cv,resume,,Bio data?

« on: March 11, 2011, 01:34:16 AM »

any one can say me what are the basic different of those ?actually which types of information are include of the   cv,resume,,Bio data?

55

Real Estate / Make your building to know the matarial .

« on: February 02, 2011, 01:01:31 AM »

There are various types of building in our country .In this building usages various types of material As a real estate students we have  to know actually what are materials use a building?
Building material is any material which is used for a construction purpose. Many naturally occurring substances, such as clay, sand, wood and rocks, even twigs and leaves have been used to construct buildings. Apart from naturally occurring materials, many man-made products are in use, some more and some less synthetic. The manufacture of building materials is an established industry in many countries and the use of these materials is typically segmented into specific specialty trades, such as carpentry, plumbing, roofing and insulation work. They provide the make-up of habitats and structures including homes.

component of a building :
Contents [hide]
1 Fabric
2 Mud and clay
3 Rock
4 Thatch
5 Brush
6 Ice
7 Wood
8 Concrete
9 Metal
10 Glass
11 Plastic
12 Foam
13 Cement composites
ok now i saying that if any one want to know mere things go to the link,  see up

http://commons.wikimedia.org/wiki/Category:Construction_materials

http://en.wikipedia.org/wiki/Building_products

56

Real Estate / Real Estate Financing in Bangladesh

« on: January 26, 2011, 11:01:23 AM »

Housing not only provides physical shelter but also have significant impact on the lives of the dwellers in terms of skills enhancement, income generation, increased security, health, self-confidence and human dignity. Considerable research interest is attached to the question of how the acquisition of residential real estate has been financed. Bangladesh, like many other developing countries face an acute shortage of affordable housing both in the urban and rural areas. The main constraints in housing production are the unavailability and high cost of housing finance in relation to household incomes. The present housing finance system in Bangladesh is extremely small and highly segmented. Besides the state-owned BHBFC, other sources of housing finance currently available in Bangladesh are commercial banks, employee loans, life insurance policies, informal means (such as own savings, contributions from relatives, friends or employers, or short-term money-lenders), and housing co-operatives in the rural sector. Recently, private housing finance institutions (such as Delta-BRAC Housing Finance Corporation Ltd. and the National Housing Finance and Investment Ltd.) and non-bank financial institutions (such as IDLC of Bangladesh and MIDAS Financing Ltd.) have started to operate in this market targeting middle income households. Several micro-finance institutions (such as Grameen Bank, Proshika, BRAC, and ASA) have extended non-collateralized credit to a small proportion of poor rural households. The performance of all the sources is not up to the mark as a whole. The government has to assess and decide on a number housing financing policies to improve the national housing situation, such as introducing a National Home Lending Program (NHLP); redirecting housing subsidies; increasing lending recovery rates by BHBFC; expanding the primary mortgage market; rehabilitating BHBFC; adopting a legal and regulatory reform program to safeguard lenders; enhancing lending in rural areas through village micro-credit schemes; and improving the climate for attracting finance to the housing sector.

57

Real Estate / Real Estate Legal Instruments Deed, Mortgage and Lease

« on: January 22, 2011, 01:47:49 AM »

There is no question about it that people are more familiar with Real Estate than any other product or commodity.

These transactions involve either renting, selling or borrowing against the real estate. To conduct these transactions, there are primarily three kind of legal instruments; they are more particularly described as Deed, Mortgage and Lease.

These primary legal instruments have further auxiliary instruments such as:

- Assignment: Transfer of any real estate related right
- Chattel Mortgage: Mortgage on personal property
- Construction loan: Interim financing during the course of construction
- Contract of sale / Agreement of Purchase And Sale: Agreement of Purchase and sale defining the terms and all essentials of the sale
- Deed: Instrument conveying the title or an interest in real estate
- Deed of trust / Escrow: Conditional execution and deposit of a written instrument
- Estoppel certificate / Status certificate: A written instrument that may limit the responsibility of the parties involved and also the rights of third parties. It may be used to verify the status of the property such as its mortgage and in case of a condominium the operational, legal and financial dimensions of the condominium corporation.
- Extension agreement: An instrument that extends the terms of the agreement
- Installment contracts: An instrument that stipulates periodic payments by the buyer for securing the deed of a property.
- Lease: An instrument that binds the lessee and the lessor of for a stated period of time.
- Mortgage: An instrument that secures the interest of the lender in the subject property
- Mortgage bond / Note / / An Instrument that with a promise to Pay:
- Option on real estate: An instrument that gives option to the buyer or the lessee to exercise certain rights relating to buying or leasing of the subject property
- Release from the current contract: An instrument that releases one or both parties from a previously signed agreement.
- Subordinate agreement to any of the foregoing instruments: An instrument that makes the prior lien a secondary lien.
- Title policy or title insurance: An insurance policy that guarantees the title of a property

These instruments may have different names in different countries and languages but almost all of the legal instruments can be categorized in one of the above stated categories.

Contracts involving real estate should be in writing; a verbal contract may not be a valid contract and also it may be difficult to enforce. Unless you have academic training or experience, you must seek the help of a professional while preparing or signing any one of these documents.

58

Real Estate / Soil Testing ..................

« on: October 24, 2010, 02:02:32 AM »

Soil testing, or a soil analysis, is usually required for building permits. During construction, the soil engineer may need to make further soil tests to make sure subsurface soil conditions are compatible with those observed in the initial investigation and modify the design recommendations as necessary. The soil engineer may also need to evaluate whether the construction is completed in compliance with the meaning and intent of the recommendations provided.
A soil analysis can be ordered by a home buyer or real estate agent to learn of any potential hazards that could affect their home and investment over both the short- and long-term.
For example, many home buyers are not prepared for all the complications of hillside living, including erosion, gullies, mudflows and/or landslides caused by intense winter rains. Soil testing and the resulting maintenance recommendations could help make potential or current homeowners aware of steps to help safeguard their homes.

59

Real Estate / IRON BUILDINGS.....

« on: October 24, 2010, 01:54:02 AM »

Today, we catch a bright, brief glint of iron. our civilization run, and the people whose ingenuity created them.

      ' Not with dreams,
     but with blood and with iron,
     Shall a nation be moulded at last'

Bangladesh built iron bridges, iron furniture, Iron ships , iron machines-and iron building . Cast iron has a wonderful plasticity. You can cast complex forms cheaply and easily. The iron building is strong than other building .its also save the soil load , so far i know a iron building can build with a sort time. Modern life is a changing life .For changing life we will build modern structure and modern building ..........

60

Law / BANGLADESH LAW FIRM ....

« on: October 22, 2010, 01:50:37 AM »

1.Bangladesh Divorce Laws.
 2.Bangladesh Corporate Lawyers.
 3.Agreement, provident fund.
 4.Registered marriage.
 5.Court marriage Lawyers,
6.Special/ Foreign marriage,
 7.Incorporation of company,
 8.Rent, eviction, tenancy,
10.Lease Lawyers,
12.Appeals,
13. Supreme Court Lawyers,
14High Court Lawyers,
 15.Bail, medical,
 16.negligence,
17.Insurance claims/ accidents Lawyer,
 18.Bangladesh Citizenship/ immigration Lawyers,
19. Copyright Laws,
20 Consumer,
 21.district Laywer,
22.State,
23.national, Dowry,
 24.Wills & Probate,
 25.Trust & Estates Lawyers,
 26.Intellectual Property Lawyer,
27.Bankrupt Lawyers,
28.Banking & Finance,
29.Corporate,
30. Private Business Law,
31.Recovery,
32.Joint Venture & Mergers,
33.Consumer,
 34.Civil Right Law Bangladesh,
35. Medical Negligence,
36. Medical Malpractice,
37. legal notice,
38.summons,
39.Income Tax Lawyers,
40.sales, Custom Law,
41.Excise Law, octroi,
42.cess Civil,
43.Criminal Solicitor Bangladesh,
44.Registration of property,
45.Title search mutation relationship,
46.Conveyance,
47.Transfer of Property Law,
48.Bangladesh Property lawyer,
49.deeds,
50.drafts,
51.power of attorney,
52. Recovery,
53.Taxation Laws in Bangladesh.
54.Bangladesh Labour laws,

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