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Property

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 is typically done in a confidential manner, with no set deadline for completion. Contracts are usually exchanged once an agreement is reached.

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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Urban Land Ceiling and Regulation Act (ULCRA)

In 1976, a legislation was enacted to promote social equity by addressing issues of profiteering and hoarding in the urban land market and preventing urban congestion. This ...

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Central business district

In the world of finance, the focal point of a city is often its central business district. This bustling hub is home to a variety of amenities, including shopping centers, of...

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Joint sole agent

In the world of finance, there exists a term known as "joint agent." This refers to a situation where two or more agents are collectively appointed to represent a principal....

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