GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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17:20 Jul 17, 2011 |
Greek to English translations [PRO] Bus/Financial - Real Estate / valuation | |||||||
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| Selected response from: Nick Lingris United Kingdom Local time: 06:54 | ||||||
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Summary of answers provided | ||||
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4 | reimbursement/compensation |
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4 | benefit from road improvements |
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reimbursement/compensation Explanation: I think the term can stand alone as your doc. refers to land expropriation policies. |
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benefit from road improvements Explanation: This concept describes, in the case of expropriation of land for road works, the benefit that the property owners derive from the building of the road which is offset against the compensation payable to them. e.g. In the above three Greek cases, the applicants owned property that was expropriated to make way for a road connecting the towns of Platamonas and Katerini to Pieria. In accordance with Law no. 653/1977, the authorities decided that the applicants were not entitled to compensation for all their property because they should be deemed to have benefited from the building of the road. http://sim.law.uu.nl/SIM/CaseLaw/hof.nsf/d0cd2c2c444d8d94c12... irrebuttable presumption that the benefit derived from road improvements amounted to sufficient compensation. http://www.hrcr.org/safrica/property/katikaridis_greece.html I understand that the law has changed and this presumption is not irrebuttable. http://www.nomikaxronika.gr/article.aspx?issue=26 |
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