Toronto Condos Prices Trends pertaining to 2007

In most of Canadas large cities, condominium real estate is actually an extremely warm niche within the market, and also Toronto is no exception. Condominium life is incredibly attractive for you to the life-style as well as perform atmosphere in the modern operating individual plus family for many reasons. Upkeep to get a condominium product is small in comparison with many duties that have to be performed often over a single family detached home. A condominium complex provides close area residing with no lots of the disadvantages regarding spread out neighbourhoods; with fact, condo complexes might correctly often be called neighbourhoods which can be vertical as opposed to scattered. Most residence complexes likewise comprise leisure facilities, not to mention one of several primary appeals of condominium your life will be the close up proximity associated with amenities.

Because on the great attractiveness associated with condominiums, the actual cause of available gadgets have been much short of demand from customers within the last decade, in addition to although new assignments are generally continuously staying started and completed within Toronto, it appears while in the event the shortfall will continue good in to the future. Certainly the value movements intended for two thousand and seven indicate this particular opinion consequently far, considering the average price of some sort of condominium on resale by yourself at $247,303, upwards 3.1% around 2006.

Real residence projectors often voice problem through the very fact which a sector modification seems that they are in order eventually as long as the actual growing prices involving condominiums, although a peek at people traits of Toronto appear to indicate in which selling prices to get resorts will certainly go up throughout two thousand and seven and on the much more faraway future. Toronto is maintaining growth with a charge involving 1.9% every year, in addition to numerous persons is going to be shown into the reduce price ranges along with better benefits of an apartment over the unattached home. As along with other parts all over the developed world, Torontos inhabitants is usually aging, while using infant boomer age bracket starting point to help get to his or her retirement years. As this kind of trend carries forward, there will be more persons keen on paying for condos for any freedom they wil l afford.

In short, condominium prices with Toronto are estimated to keep up wards intended for 2007, largely driven through the excellent demand intended for these convenient properties. The demand from customers will be required to become further fueled through your targets of a great aging population, thus the worthiness of each new in addition to resale houses is projected to keep in order to rise through 2007 in addition to into the future.

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Condo Insurance Cover Water Damage? Surrey Flood Restoration

Condominium insurance plan truck covers a lot of drinking water damage very much alike dwelling insurance. It covers mineral water ruin restoration to the ruin caused by inner sources like run hard pipes, waters leaks, and the like. For exterior options for instance massive amounts you could possibly acquire another kind of insurance. However, there's a chance you're wanting to know in the event that that could be dealt with less than a person's strata insurance. In obtain that will explain to us, we will discuss your differences between condominium insurance policy in addition to strata insurance. Afterwards, i will go over the best way normal water damage could often be protected by these a couple of forms of policies.

Strata insurance plan covers this developing outer walls and widespread property. Common home describes this parts for the make use of many of the good deal proprietors within the condominium, like the stairwells, pathways, recreational facilities, as well as like. Condominium insurance policies on one other hand, could insure your home furniture plus the renovations which were created against your condominium mainly because it appeared to be actually built. So imagine if water problems your walls, your carpets, and your floor? Which insurance policies covers what?

Water deterioration a policy in this sort of predicament vary on a availablility of factors. The very first question you need to request is: precisely what appeared to be damaged? The next concern is: would it be your wrong doing and also not? The cause for that you request these types of questions is usually because when it turned out your fault, subsequently the lake ruin restoration will probably be costed in your condo insurance plan if you ever include any. If not, and then strata will charge charges back personally. If it's not ones fault, then water damage refurbishment are going to be charged to the insurance and then they'll collect with the strata afterwards. In sometimes case, you have to possess condominium insurance first prior to will surely have strata cover the particular restoration.

So in the event mineral water damaged your walls, carpets and rugs in addition to subfloor, and you weren't at fault, which will insurance policy would protect what? For the actual busted pipe, walls in addition to subfloor, the condominium insurance policies will insure the actual recovery cost. Afterwards, the particular strata corporation could have an obligation to the insurance coverage organization to be charged them for your charges on the restoration. For the brand new flooring that was mounted following a primary building of this home, your condominium insurance plan only will insure it. If you happen to be at fault however, anything can be protected by means of your current condominium insurance. If there isn't one, then the bucks is going to appear of your respective personal pocket.

As you can see, having condominium insurance provides multiple advances over just acquiring strata insurance alone. Water deterioration restoration is often harmful for you to ones home nevertheless owning them insured provides you with peace-of-mind that you'll be ready arrive what may.
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Alien Land & Condominium Ownership Rights inside Thailand

Alien Land & Condominium Ownership Rights

Under typical circumstances prior to Thai law, aliens (foreigners) as well as alien juristic men and women aren't acceptable to be able to own territory around Thailand. However, selected aliens or even alien juristic folks may acquire land for several purposes since defined below:
Alien juristic folks (foreign business entities throughout Thailand such as businesses and partnerships) territory ownership rights

Alien juristic men and women could be granted advertise liberties under the particular laws regarding Thailand (Investment Promotion Act B.E. 2520). In accordance having Section 27, these types of folks along with publicize privileges shall have the suitable in order to very own stretch of land so that they can go on the actual offered activities for you to this sort of level for the reason that Board of Investment deems appropriate.
Juristic person's usually are not classified while aliens underneath Thai law (section 97 as well as 98 of the Land Code). Juristic persons together with fewer than half with their shareholders staying foreign have the ability to invest in land. However, in general practice a new juristic human being who's are actually controlling explains to you to include fourty to be able to forty nine percentage must acquire previous agreement to buy land in the Land Department as well as that Governor connected with your Province when the property w ill be situated.
Aliens

The modification belonging to the Land Code Act dated 19 May, 1999 allows selected aliens for you to individual land. Aliens who wish to get land ought to bring currency currency directly into Thailand for a great amount as given from the ministerial regulations although no less than 40 million Baht for your particular investment recommended from the exact same ministerial regulations. Aliens interacting with these kind of Thailand lawful needs may receive choice through the Minister of Interior. This agreement allows aliens in order to unique terrain intended for residential needs within an area not really going above 1 rai. In addition, aliens usually are made possible to help individual condominiums beneath Thai law (Condominium Act). In a making that contains condominiums, aliens including alien juristic individuals could private an overall proportion involving this kind of condominiums as long as but not exceeding forty nine percent.

Aliens allowed in order to private condominiums:

Alien juristic persons
Alien juristic folks beneath section 97 and also 98 from the Land Code B.E. 2497 who're registered juristic particular person below Thai laws.
Alien juristic persons with been recently the usage of your business rights under that purchase promo Act.
Other juristic persons may individual real estate through taking with Thai or perhaps foreign currency purchasing condominiums or employing Thai or maybe forex from their provides to order such.
Aliens
Aliens who store asset makes it possible for under the particular Thai Immigration laws.
Aliens under the investment campaign regulations with Thailand.
Other aliens who are definitely not made possible to settle lawfully in Thailand or haven't inserted directly into Thailand within the actual expenditure of money campaign legislation may private properties by way of developing forex to get condos as well as making use of Thai or perhaps foreign exchange from their unique provides purchasing such.
Any Thai who features an alien loved one such as those who have divorced their alien spouse.

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Condo shift service fees as well as fees with Thailand

Buying real estate throughout Thailand

Thailand condo obtain in addition to conveyance costs, levy as well as fees

When possession on the condominium apartment in Thailand is actually shifted taxations as well as service fees are compiled back then of move through the provincial branch or maybe area land practices inside Thailand the location where the transfer of ownership requires place. Transfer involving possession of any condominium product in Thailand is actually susceptible to the examples below administration rates plus taxes:

transfer price along at the rate involving 2% around the govt assessed value stamp work from 0.5% within the appraised or perhaps real great deals value either is actually higher, except around scenarios where the retailer will be susceptible to a certain small business tax specific internet business duty at the rate regarding 3,3 nought per cent in the administration appraised benefit belonging to the condominium or perhaps exact great deals price, either is actually higher income withholding levy which has a different computation dependent should the retailer is often a business or maybe pure person

Basically 3 various scenarios can be found for the customer regarding some sort of property around Thailand: 1- this purchase of an condominium in a freshly made condominium device within a venture signed up in addition to licensed less than this Thailand Condominium Act, or even 2- the purchase of the resale apartment unit through a further person or even 3- the pay for resale condominium owned by just a juristic person.

When getting from the developer as much exchange charges and taxes is restricted with the buyer as the developer can be through client protection laws in charge of just about all copy expenses along with taxes, apart from he or she may possibly ask the purchaser in addition to purchaser regarding your condominium product to repay as long as 50 percent involving that airport transfer costs only. Say the actual appraised benefit of the condo is 3 million baht the creator may perhaps possibly not charge this vendor over 30,000 baht pertaining to your shift fees as part of the total federal move service fees and also fees for any transfer involving ownership registration.

When buying a resale condominium coming from a further specific the relationship is actually far more intricate since there isn't any permanent rule around the particular rules on exactly how the particular exchange fees and fees are to become separated concerning the client and the seller. Basically within a personal resale of a apartment with Thailand this can change from purchaser pays off many that will seller gives all. How to help divide the copy fees, fees as well as prices can be only component to the particular overall cost negotiation between this consumer and also seller in fact it i suggested to clearly include this inside the sale as well as invest in agreement between the buyer as well as the home owner on the condo unit.

Sample calculation

The taste will be based upon a resale residence having a worth of 3,000,000 baht with an ownership involving 2 several years and 6 months. Note, around the particular trial calculations most of us assume the same great deals selling price plus government appraised value. In practice the actual appraised benefit is usually just about fewer than your great deals value and for that reason this specific calculations must only often be observed as a sample.

There can be a new deduction based on the time of ownership since follows: 1 ages = 92% belonging to the appraised value, a couple of years = 84%, 3 years = 77%, some several years = 71%, 5 ages = 65 %, 6 decades = 60%, 7 years = 55%, eight years or more = 50%. In this kind of sample computation the deduction is dependant on three or more many years (2 several years and 6 weeks is definitely three or more taxes years) of ownership which reaches a deduction with = 77% x 3,000,000 baht = 2,310,000 baht.

In the particular sample calcultation personal earnings withholding duty shall be dependant on 230,000 baht throughout per year of ownership (i.e. 3,000,000 baht fewer the deduction divided by means of three (the number of years involving ownership).

Income tax rates in Thailand are for cash flow not as much as 100,000 baht are generally placed for a 5% rate, between 100,000 along with 500,000 baht the velocity is 10%, among 500,000 along with 1,000,000 baht the pace can be 20%, among 1,000,000 plus 4,000,000 baht the rate is 30%, plus over greater than 4,000,000 it truly is 37%. In this cases there may be a each year income taxes with 18,000 baht (5% about 100,000 baht and 10% above 130,000 baht). The cash flow withholding tax inside test situation, to get paid for the particular transfer involving ownership at that time regarding transfer, will be 54,000 baht (based with a few (tax-) decades ownership).

As the residence is definitely held by the present manager for less in comparison with your five years specific organization taxes is actually billed in the rate associated with 3% along with a municipal tax connected with 10% covering the degree of the precise organization duty doing that a complete tax of 99,000 baht (3.3% x 3,000,000). Note that specific business tax is actually applied over the selling price and also gov appraised worth no matter what will be increased that the property or home is kept a lot less than five years. The government transfer charge is definitely 2% above 3,000,000 baht making it a further 60,000 baht.

The full volume for being paid out in the territory office when transfer associated with your house will be approx 213,000 baht.

When buying a resale condo possessed by way of juristic human being the actual withholding levy is permanent at 1% about this appraised or perhaps documented value, whichever will be higher, compared with personal profits duty will which usually calculated with gradual rate which has a deduction subject to the quantity of numerous years of possession dependant on the appraised benefit from the unit.

Thailand possesses very clear foreign real estate along with condo ownership constraints installed down inside the legislations which are actually should be knowledgeable and prior to getting associated with property in Thailand go through it is suggested to be able to readsamuiforsale first.

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Witness a new Right Royal Affair from Bangkok's Royal Ploughing Ceremony

Dating back to some time connected with Lord Buddha almost 2500 years ago the Royal Ploughing Ceremony can be an crucial happening throughout the Thai diary along with a good inbuilt portion of Thai culture. Conducted over the sixth lunar four week period annually along at the Phramane Ground merely reverse of that Grand Palace this specific country's event of proclaimed importance is usually a red notice social festival going with the King involving Thailand himself.

Held having considerably pomp, pageantry and also beauy the Royal Ploughing Ceremony features their sources with Buddhist antiquity when Brahmin astrologers established the particular night out and also moment on the holy formal procedure which will would mark a symptom belonging to the grain professionally time period inside the producing calendar. Having preserved the original rites and also rituals linked with the particular ceremony with the hundreds of years it really is assumed this specific get older old affair had been maybe many elaborately famed throughout the Sukhothai years (13th-14th century BC) whenever a gala procession guide through the sovereign had been component of this fancy ceremony.

The proceedings with the happening start with His Majesty this King finding a Phya Raek Nah or even a Festival Lord for you to execute this rituals. The Lord in the Festival in turn selects a new "panugus"(a extensive material used about the hips) from about three like clothing which may have been recently laid out. If the actual Phya Raek Nah chooses the actual shortest from the some that will be reported how the farmers are going to be blessed with a lot of bad weather over the year. The offering of the actual longest "panugus" fortells some sort of rain-less period ahead protected choice dimension "panugus" connotes an average degree of rainfall in the cultivation season.

The procession then takes place lead simply by almost holy bulls decked with flowers draging a red and also gold tinted plough while vibrantly clad drummers and also Brahmins sound conch shells employs coupled with umbrella bearers. Four consecrated women keeping baskets filled with rice seeds also follow the particular parade and are also recognized for the reason that 'nang thepi'. When this bulls have got accomplished a number of furrows they may be provided 7 foodstuff along with beverage forms (rice, sesame, water, liquor, maize, hay, along with beans) as well as the items the bulls tend to consume foretell your nature in the harvesting from the coming year.

The Phya Raek Nah in that case arises the particular rice signs covering the newly furrowed planet while numerous on-looking farmers are usually noticed clamouring for your prized rice grains after the service concludes to be sure a plentiful harvesting inside upcoming season.

Those searching for extra Bangkok support house with Sukhumvit region could be more in comparison with content with the lodging from President Park Bangkok. Offering prospects a good elegantly fashioned Bangkok apartment together with free of charge having access to Phrom Phong BTS Skytrain section that stylish relaxation is definitely that venue to help overcom when staying in Sukhumvit.

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Bangkok Folk Museum – A Delightful Attraction In The Vibrant City Of Bangkok

The Bangkok Folk Museum provides its family and friends that has a check into the actual way of life of middle-class occupants with Bangkok inside the period of World War II and also the instant epoch which followed. This building had been originally the home of the Suravadee friends and family and also reserves just how connected with lifestyle of a twenty year period coming from 1937 that will 1957.

In accessory into a garden, that museum carries a couple center two-storey structures. The initial setting up features a space about the second flooring in which there are actually this living rooms on the ancestors which wear show the a number of famous stuff of the primarily relatives. A King Rama V period of time Benjarong container customized from Thai chinaware throughout personal training important films is one of several remnants. Other ceramic content place on display within the Bangkok Folk Museum date returning towards Rattanakosin time.

At the rear ma y be the second household on the Bangkok Folk Museum along with were expected to be your duplex along with wellbeing facility connected with Dr. Francis Christian. Unfortunately this individual possessed died ahead of being capable to wind up in your household. Dr. Francis Christian was the particular stepfather with the proprietor. His combination regarding cigars and number of early last century stoves are prominent reveals in which tourists can certainly glance onward to help witnessing during their particular visit.

One a lot more residing district reveals personal hygiene as well as lavatory amenities of which were on hands for that length of time on the war. Additionally, the item features not one but two bathing rooms adjacent to each other. Also wear show is definitely old kitchen's from your age of conflict within Bangkok. Staying inside a Bangkok flat such as the Bangkok President Park gives you leisure time vacationers along with a great spot to reside from which to get about and discover the incredible capital of Thailand.

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Siam Square – Bangkok’s Shopping And Entertainment Hub

If you are looking for any relaxing time associated with shopping, leisure plus dinner out, the actual Siam Square is the ideal location to be able to be. The square could be the centre involving Bangkoks extensive shopping along with entertainment amenities all of which will leave a person using a quality in the vibrancy of the Thai culture. Easily obtainable by way of Siams Skytrain, the best place lays around your Pathum Wan center close to Sukhumvit Road plus is unquestionably well worth your visit.

This glitzy Square hosts a lot of the main shopping department stores plus suppliers throughout Bangkok along with in South East Asia, exactly where you might regularly be tempted in order to buy something. If that you're trying to find unique fashion, the Emporium and also the Gaysorn Plaza will be the right position to be. Major looking malls for example favorite MBK Center and also the Siam Discovery Center/Siam Center are usually great intended for several hours of endless shopping when in vogue merchandise can be obtained during reasonable prices. Great deals can even be obtained at the Pratunam Market which is merely minutes faraway from Siam Square.

For those possibly not as well serious about shopping, you will find three or more major cinema complexes purchased at Siam Square that tv screen the two intercontinental as well as Thai movies. The Lido, the Scala and also the Siam are multiplex theaters where you are able to take it easy which has a movie plus some soda corn after making your way from the impressive streets. Tourists could also take a look at the actual Jim Thompson art gallery in the area when a costly assortment of antiques could be seen.

Food lovers is going to be in regarding a treat at Siam Square your preferences homies will probably be delighted considering the extensive collection associated with tasty specialties available. Everything everyone can dream of, to include regular affordable Thai m eal stalls to be able to international 5 various legend food is to be found here. A popular place for a lot of vacationers with the location to help assemble may be the Hard Rock Caf where by meal like beer in addition to snacks will be served, whilst there are also additional coffeehouses for you to enjoy their trip throughout right after a new exhaustion day of shopping.

Visiting Siam Square is actually required to often be a fun and also leisurely getaway which will make you want to return to get more. Tourists looking for your Bangkok support condominium that for you to discover the hub can stay in the Bangkok President Park. The complex is situated from a peaceful yet convenient location plus offers tasteful Bangkok apartments rentals to rest in.

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Lets Tee off in Bangkok

The wind flow inside your hair, the abundant environmentally friendly where the eyesight can certainly see, your solid course, this can be a outline of any kind of golf players paradise. That desire playing golf experience can be found inside a position rich in culture, food, and full involving living which makes it also better. Bangkok as its known may be a tourist desired destination in which requires not any introduction. While getting renowned for shopping, meal along with a spot contains venture this particular complex as well as active hotspot includes added additional to its rsum connected with locations along with causes about for you to pay a visit to this particular tourists paradise. Golf that's considered your gentlemans game is actually performed surrounding the globe to get company in addition to pleasure. Experience a number the most effective conveniences along with expert services regarding world of golf around Bangkok that's love just about any where alto gether different inside world. With through fourty first class the game of golf tutorials distribute around the area developed simply by the likes associated with Jack Nicklaus, Nick Faldo along with Robert Trent Jones Jr, the idea is ideal place that will tee down for almost any particular person no matter what their own golf enjoying ability. From an expert gambler with a club wife swapping beginner, the many bundles and also classes that could be located let us discuss destined to match every ones needs. Many on the courses becoming nestled all over Bangkok give easy access to the area heart and the amenities within the city. Some belonging to the well identified lessons and also golf clubs that can surely be a delicacy are usually Bangpakong Riverside Country Club, Bangpoo Country Club, Windmill Park Golf & Country Club, Dynasty Golf & Country Club. With their particular varying scenery in addition to styles, some sort of journey into a Bangkok course is surely a likely to be a remarkable one. A really memorable golfing practical knowledge in Bangkok might exclusively possibly be supplemented by a stay in at a commodious in addition to cozy Bangkok apartment.This will definitely help to make a good some unforgettable house from the home. A Bangkok serviced home including Somerset Park Suanplu located in the city center is perfect for this relaxing stick to its spacious apartments rentals plus modern amities which often complies with every vacationers needs.

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Lets Tee off within Bangkok

The breeze in your hair, the rich green as much as the actual vision can see, a new solid course, this is a description involving virtually any golfers paradise. That fantasy golf practical knowledge is to be found within a place rich in culture, food, and also rich in lifestyle defining it as even better. Bangkok since it is known is really a vacationer destination in which demands no introduction. While getting famous for shopping, foodstuff as well as a place contains voyage that sophisticated along with dynamic hotspot has added much more to help it has the rsum involving sights and factors about why you should visit this tourist paradise. Golf that is regarded a gentlemans game is enjoyed across the globe for small business along with pleasure. Experience a few of the best amenities and products to get the game of golf with Bangkok that is certainly equal to almost any exactly where else in the world. With above forty top class tennis training spread about the city de signed with the likes of Jack Nicklaus, Nick Faldo and Robert Trent Jones Jr, it can be best place to tee out of for almost any person regardless of their golfing playing ability. From a professional gamer into a team swapping partners beginner, the several deals and tutorials that may be located listed below are destined for you to agree with almost any ones needs. Many in the training being situated close to Bangkok give comfortable access towards the location middle and the comforts while in the city. Some belonging to the popular tutorials in addition to golf clubs that will absolutely often be a delicacy tend to be Bangpakong Riverside Country Club, Bangpoo Country Club, Windmill Park Golf & Country Club, Dynasty Golf & Country Club. With their different countryside plus styles, a new trip to some Bangkok golf course can be really a visiting be a unforgettable one. A genuinely terrific golfing practical experience in Bangkok can exclusively end up being suppleme nted by a stay in the large as well as comfortable Bangkok apartment.This will definitely make an memorable property aside from home. A Bangkok serviced address this kind of as Somerset Park Suanplu located in the hub centre is perfectly for that restful outstanding it's commodious apartments and present day amities which usually meets any vacationers needs.

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The National Theatre inside Bangkok – The cardiovascular system with Thai doing arts

Resting around the Na Phra That Road throughout Bangkok, adjoining that National Museum together with the actual Thammasat University rests the actual impacting on National Theater associated with Thailand.

Portraying Thai architecture, the particular theaters facade is actually adorned within pastel shades, featuring a red roof embellished together with great eaves. The edifice is separated into three or more wings, where a single mentorship residences a sizable auditorium plus a Sala (open pavilion) in which outdoor music tasks will be held. Another wing incorporates a small show web hosting little boogie performances insurance policy coverage third wing is employed with regard to holding workshops pertaining to theater technicians.

A a number of illustrates will be hosted inside the National Theater, where by that spot light performances visit to standard Thai episode along with dances including Khon dance-dramas. The greatest out from the 6 sorts of regul ar Thai dances will be the Khon dance form, where shows usually are typically according to that Ramekian stories, this Thai copy with the Hindu world famous - Ramayana.

The attires and masks belonging to the dancers will be exquisitely in addition to elaborately adorned, and becomes your spectacular look if they dazzle under that stage lights. The Khon dance-drama incorporates a fine blend regarding dancing, acting, acrobatics as well as performing backed by simply interesting indigenous folklore music. These routines are usually altogether inside Thai words in addition to usually create a for a longer time time frame than some other standard performances.

The theater is definitely open towards public throughout the year you will website hosts an extensive pole associated with international actions because well. If you intend to view Thai illustrates in particular, you might want to check out your driveway to the last Fridays along with Saturdays of any month. You can get a synopsis in the performance combined with published course schedule, specifically dramas executed only in Thai language.

As a promotion in their classic carrying out arts, you'll be glad to see their own captivating Khon masks, with a variety of sizes, on the market inside the locality in the National Theater. They make an ideal souvenir to accumulate or reward your associates along with family.

By making your reservation for a new high class Bangkok serviced condominium you'll be able to suitably pay a visit to the National Theater along with countless major points of interest with Bangkok such as the National Museum adjoining the particular National Theater. Bangkok apartments rentals tend to be tastefully furnished complemented together with a great opulent ambience. You may take pleasures in the present day appliances given for a Bangkok serviced apartment though making the most of their particular scrumptious multicultural delicacies.

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