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Property

Bare shell

A bare shell refers to the state of a property after construction has been completed, and basic building services have been installed. This includes flooring options such as tiles, mosaics, cement, or granite, as well as plastered walls. Additionally, a bare shell may also include functional pantry and toilet facilities.

Lease agreement

A lease, a binding contract between a lessor and lessee, grants the tenant the right to use and control a property for a set period of time. This written agreement outlines ...

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Pugree

In finance, we often come across the term 'interest free security deposit'. This is a common practice in India, where tenants give a refundable deposit to landlords at the b...

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Zoning

Land use zoning is a fundamental concept in the field of planning. It refers to the process of classifying a geographical area into distinct zones, each designated for a spe...

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Rentable area

In the realm of finance, there exists a concept known as "rentable space". This refers to the designated area for which rent is determined, even if the tenant has lawful acc...

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