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Alternatively, a mom and pop have owned a 20 unit apartment building for 20 years and want to sell it. Rather than selling it outright as an apartment building, they hire a consultant to process the entitlements and sell the building instead at a condo premium to a developer who finishes the job.
Mother-in-law apartment: small apartment either at the back, in the basement, or on an upper level subdivision of the main house, usually with a separate entrance (also known as a "Granny flat" in the UK, Australia New Zealand and South Africa). If it is a separate structure from the main house, it is called a 'granny cottage' or a 'doddy house'.
A housing estate (or sometimes housing complex, housing development, subdivision or community) is a group of homes and other buildings built together as a single development. The exact form may vary from country to country.
If you do sell your home for a profit, you may be able to exclude up to $250,000 of capital gains from the sale (or up to $500,000 for married couples filing jointly) from your taxes. For this to ...
5 tips for how to sell a house as-is. These tips can help get you to a smooth and successful as-is sale: 1. Be upfront about the home’s condition.
The cost to move all your belongings from your old house to your new one will be cheaper in the off-season that it will in summer, and will be much more expensive for a long-distance move than it ...
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 structures, and rent out, manage, and ultimately sell it. [1] Sometimes property developers will only undertake part of the process.
Town-house complexes and many apartment blocks typically have this form of title. [citation needed] The owners of the complex constitute the Body Corporate, and the Body Corporate elects a group of Trustees to manage the day-to-day management of the complex, who often hire a company specialising in complex management, known as a Managing Agent.
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