In property and land use planning , amenity (lat. amoenitās “pleasantness, delightfulness”) is something considered to benefit a location, contribute to its enjoyment, and thereby increase its value .
6-401: Tangible amenities can include the number and nature of guest rooms and the provision of facilities such as elevators (lifts) , internet access, restaurants , parks , community centres , swimming pools , golf courses , health club facilities, party rooms, theatre or media rooms, bike paths or garages . Amenities are often provided or used as an instance to justify price increases on
12-433: A chose in possession in the singular). However, some property, despite being physical in nature, is classified in many legal systems as intangible property rather than tangible property because the rights associated with the physical item are of far greater significance than the physical properties. Principally, these are documentary intangibles. For example, a promissory note is a piece of paper that can be touched, but
18-470: A home desirable can add substantial value to a property. Mobile amenities may visit some sites including: Tangible property In law , tangible property is property that can be touched , and includes both real property and personal property (or moveable property), and stands in distinction to intangible property . In English law and some Commonwealth legal systems, items of tangible property are referred to as choses in possession (or
24-731: A specific property , leading to higher demand and thus scarcity for the selling property. Intangible amenities include well-integrated public transport , pleasant views, nearby activities, and a low crime rate . Within the context of environmental economics , an environmental amenity can include access to clean air or clean water , or the quality of any other environmental good that may reduce adverse health effects for residents or increase their economic welfare . Residential real estate can benefit from amenities which, in turn, boost property value. Some examples of valuable amenities are proximity to parks and schools, updated fixtures, and bonus living spaces. These additional features that make
30-448: The bearer on demand...."), in practice banknotes are now rarely ever redeemed in any country, which has led to banknotes and coins being classified as tangible property in most modern legal systems. As a tangible property owner, certain rights and responsibilities come with the territory. The right to use, occupy, sell, rent, mortgage, or give away your property is present. Changes can also be made like renovating, rebuilding or developing
36-475: The real significance is not the physical paper, but the legal rights which the paper confers, and hence the promissory note is defined by the legal debt rather than the physical attributes. A unique category of property is money , which in some legal systems is treated as tangible property and in others as intangible property. Whilst most countries legal tender is expressed in the form of intangible property ("The Treasury of Country X hereby promises to pay to
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