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Property

Rack-rent

is known as a rack rent. A term commonly used in the real estate industry, rack rent refers to the maximum rent that can be charged for a property based on its current market value and agreed upon terms and conditions. This type of rent typically reflects the highest possible return on investment for the property owner. Understanding this concept is crucial for anyone involved in the finance and property sectors.

Property management

Managing buildings involves various tasks such as rent collection, payment of expenses, maintenance and repairs, providing services, arranging insurance, and overseeing staf...

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Conveyance

A deed is a legal document that transfers the ownership of land from one individual to another. It is an essential piece of paperwork in the world of finance that signifies ...

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Town and country planning

In the realm of finance, one must understand the intricacies of land development and its impact on urban and rural areas. This involves the careful consideration of policy b...

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Building contract

A building contract is a legally binding agreement between a landowner or occupier and a building contractor. It outlines the terms and conditions for the construction proje...

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