Real estate

Real estate

Of or pertaining to property of land and the buildings on it. This also includes any minerals, crops, or any other natural resource. The business of real estate is the buying, selling, or renting property.

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Real estate > Contracts

progressive payments

Law; Contracts

Part payments made to a contractor at different stages as the work (or delivery) progresses, instead of making one full payment on the completion. Also called progress payments.

progress payments

Law; Contracts

This is an alternative term for progressive payments.

project contracts

Law; Contracts

Set of various agreements that underlie a project.

project delivery system

Law; Contracts

Method by which a project is contracted for construction, such as design-build, design-bid-build, design-build-operate, turnkey.

project owner

Law; Contracts

Entity that initiates a project, finances it, contracts it out, and benefits from its output(s). Also called just owner.

project financing

Law; Contracts

Loan arrangement in which the repayment is derived primarily from the project's cash flow on completion, and where the project's assets, rights, and interests are held as ...