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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.

Sale and leaseback

In the world of real estate, there exists a concept known as "sale and leaseback." This arrangement involves a property owner, whether a freeholder or lessee, selling their ...

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License

A license is a legal permission granted to engage in an activity that would otherwise be considered unlawful or wrongful. This permission can be given for free, as part of a...

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User

Property utilization refers to the utilization of a property or the right over it. This includes the enjoyment or use of such property for personal or commercial purposes. F...

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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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