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Build–operate–transfer (BOT) or build–own–operate–transfer (BOOT) is a form of project delivery method, usually for large-scale infrastructure projects, wherein a private entity receives a concession from the public sector (or the private sector on rare occasions) to finance, design, construct, own, and operate a facility stated in the concession contract.
The Old English word for estover was bote or boot, also spelled bot or bót, (literally meaning 'good' or 'profit' and cognate with the word better). The various kinds of estovers were known as house-bote, cart or plough-bote, hedge or hay-bote, and fire-bote. Anglo-Saxon law also imposed "bot" fines in the modern sense of compensation. [2]
However, a real property within the United States and a real property outside the United States would not be like-kind properties. Generally, "like kind" in terms of real estate, means any property that is classified real estate in any of the 50 U.S. states or Washington, D.C., and in some cases, the U.S. Virgin Islands.
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
Boot (real estate), any property received by a taxpayer in an IRC 1031 exchange which is not like-kind to the relinquished property Boot (torture) , a torture device for crushing the human foot Boot of beer , a form of beer glassware in the shape of a boot
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.
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.
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