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A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
Since apartment-style condos are the most common, when someone refers to a condo, many erroneously assume that it must be an apartment-style dwelling and that only apartment-style dwellings can be condos. All types of dwellings can be condos, and this is therefore true of townhouses. A brownstone townhouse is a particular variety found in New York.
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
An executive home is a marketing euphemism for a moderately large and well-appointed house. Executive homes are usually constructed among homes of very similar size and type by a subdivider on speculation; they are generally built en-masse by development companies to be marketed as premium real estate. Executive homes can differ from traditional mansions mostly i
KPRA is a professional organization that advances real estate professional services for real estate professionals who buy, sell, and manage real estate and related businesses. KPRA provides a variety of services to its members, including professional designation, training certification, education, and legislative representation, as well as ...
A large number are purchased, as new homes from a real estate developer or as an existing home from a previous landlord or owner-occupier. A house is usually the most expensive single purchase an individual or family makes, and often costs several times the annual household income.
Townhouses and apartments which are owned in the condominium form of ownership are often referred to as "condominiums" or "condos". Court: high-density slum housing built in the UK, 1800–1870. Two or more stories, terraced, back-to-back, around a short alley at right angles to the main street. Once common in cities like Liverpool [8] and Leeds.
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