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Property

Completion certificate/statement

In the world of finance, a conveyance statement is a document created by solicitors who represent both the buyer and seller in a property transaction. It outlines all payments made and received during the process, resulting in a final balance due to the seller. Occasionally, the statement is prepared after the transaction and may include a sum that the buyer can reclaim from the seller. This statement is an important tool in the legal and financial aspects of property transactions.

Clearance area

A significant aspect of urban development is the concept of land clearance. This entails the removal of all constructions within a designated area, usually initiated by a go...

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Effective rent

Understanding the financial terms related to leasing property is crucial for occupiers. One such term is the gross rent, which accounts for the base rent, maintenance charge...

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Private treaty

One of the most frequently used ways of selling real estate is through private negotiations between the seller and potential buyers, or their representatives. This process i...

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Vertical slice participation

In the world of finance, there exists a method of collaboration known as multi-participation. This involves individuals coming together to collectively invest in a project o...

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