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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.

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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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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Negotiation

A dialogue, either verbal or written, between multiple individuals with differing perspectives, with the goal of finding a mutual understanding. In finance, this often invol...

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Site Plans

A property plat is a diagram that illustrates the boundaries and physical dimensions of a specific parcel of land on a flat surface. This visual representation may also feat...

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