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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.

Absolute title

A mortgage deed grants the holder the power to demand full repayment of a debt, under specific conditions, before the scheduled due date. This clause, also known as an accel...

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Atrium

In the world of finance, the term "atrium" refers to the grand entrance hall of a building. This space, which can span multiple floors, often features elevators, reception a...

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Suspended ceiling

As a knowledgeable professor in finance, it is essential to understand the concept of a ceiling in the realm of building structures. A ceiling is a non-structural element th...

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Green field site

A parcel of land, typically situated on the outskirts of a municipality or in a less developed area, that has previously remained untouched but is now being considered for d...

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