Updated: May 18, 2020
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Land exists in different shapes and forms. It forms the part within the globe (Earth) that is dry and not covered by water. The Earth is a prominent place, and the land is part of the Earth’s sections that remain dry at any given moment. The area exists in different forms and for us to coexists there should be equal distribution of this resource. In cases of unequal distribution, we would not have enough food, supplies, economic factors and agricultural activities that come through the land. It would be impossible to coexist, we might resort to the periods such as the iron age, roman, medieval, world war period which had conflict due to inadequate distribution, unequal, inefficient or scarce resources. This insufficient and inhabitable environment might force some to go out to space to seek more remedies and any signs of life. The assumption is that there is life out of space, and the environment is conducive for humans habitation. Modern-day scientists are still trying to prove this.
Trusts, Land as an asset, owner identification and asset protection:
The image above shows a photo of a woodland. This woodland has trees as its habitat. Trees provide food, shelter, oxygen, and life to humans and animals. This woodland is a protected species as it also protects its natural habitat. This woodland becomes an asset for the owner, the animals and others that depend on it. The woodland asset can get protected through a trust. The transaction of setting up a trust can be performed to the benefit of the settlor or owner of the asset, the beneficiaries and the trust managers or administrators (trustees).
Refer to information on trusts. If a trustee, asset, beneficiary, administrator or manager exists the process of protecting and managing this asset is called a trust. Land should be registered. The process can be done through the land registry, and a deed or trust deed is granted. Refer to the land registry for more information on this.
Different types and forms of land and their uses: Various ways and versions of land exists. In the UK, the area exists in different forms. These are namely, the small strip of land, property, back garden, development, estate, real estate, allotments, woodlands, pastures, terrains, hills, native, plantations, forests, farmland, safaris, parks, community land, charitable land, to name just a few. All areas have to be accounted for and assigned an owner to avoid trespassing. Those who need land are re-settled, reallocated and can acquire rights through different processes, depending on the need, circumstances, requirements, availability, equality and fairness requirements.
Land Management and administration:
The land law exists to enforce this. Refer to, land law for more information. There is also the land settlement law targeted to defined groups of people that get allocated land. Refer to settlement law Scotland and landsettlement facilities act for more information on this. This settlement law is used to establish ownership of land, i.e. public, private, community, society or country. The settlement is used for land ownership and allocating rights. The process of protecting land using a trust creates employment, sustains the sector, attracts business investment and allows the key economic factors to be maintained and supported. A supported land system allows for free trade, equal distribution and fair competition within the markets both in the UK and around the world. It also expands the Trusts sector. Refer to: COVID19 guidance for business UK and international businesses for more information on this.
The trust sector and human function during the coronavirus: This market is likely to be affected during the coronavirus as most individuals might find it hard to maintain their land. The land needs to be tendered and cared for, and it needs to be maintained. The continuous review ensures nothing negative affects it. The coronavirus is forcing some employees and employers to stay indoors, who will manage and care for the outdoors during this time. This question is a sector-specific question and can only be answered by those involved. Imagining an industry that is responsible for food production, being affected to start to have food shortages and other problems such as nutritional dietary deficiencies. A body needs adequate nutrition, physical, emotional and spiritual provision to function. If these are disturbed, this tends to affect the normal functioning, defence mechanisms and the recovery periods and needs of those affected. Only those in this sector can answer these questions, on what is being done to mantain the normality of the human functions during this time.
The overall effect on this sector:
An asset that is not protected might lose its value resulting in the distortion of the economic and market factors. Taking into consideration that land is a fixed asset, it might not lose much of its value through depreciation. Other assets on the land might not have the same protection resulting in the overall deterioration in value due to lack of maintenance and depreciation factors. The trusts market might expand as charities start to meet the shortfalls. The charities like the World food programme, World health organisations, United Nations, Unesco to name but a few might expand their services and resources as a result. There might be an expansion due to land reassignment towards more essential and emergency requirements to protect the masses. This is only speculative, and only those who deal with this sector can provide the exact data and information on this.
Jumleap Estates & Wills Planning Private Limited, confirms that nothing stated on this article constitutes advice on which you should rely. Our blog articles are provided for general information purposes only. Professional or specialist advice should always be sought before taking any action relating to any views, issues or matters discussed. Jumleap Estates & Wills Planning Private Limited will not be held responsible for any action taken as a result of this article.
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