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  2. Turnkey - Wikipedia

    en.wikipedia.org/wiki/Turnkey

    Turnkey refers to something that is ready for immediate use, generally used in the sale or supply of goods or services. The word is a reference to the fact that the customer, upon receiving the product, just needs to turn the ignition key to make it operational, or that the key just needs to be turned over to the customer. [ 4]

  3. Blockbusting - Wikipedia

    en.wikipedia.org/wiki/Blockbusting

    Freed by the Supreme Court from the legal restrictions, it became possible for non-whites to buy homes that had previously been reserved for white residents. Generally, "blockbusting" denotes the real estate and building development business practices which both profit and are fueled by anti-black racism.

  4. Public housing - Wikipedia

    en.wikipedia.org/wiki/Public_housing

    The program has been implementing since 2015 to achieve an ambitious target of building 10 million houses. The proportion of the housing is 70 percent for low-income people and 30 percent for non-low-income people. This program is a joint movement between the Central Government, regional governments, real estate developers and the community.

  5. Township (United States) - Wikipedia

    en.wikipedia.org/wiki/Township_(United_States)

    A civil township is a unit of local government, generally a civil division of a county. Counties are the primary divisional entities in many states, thus the powers and organization of townships varies from state to state. Civil townships are generally given a name, sometimes written with the included abbreviation "Twp".

  6. Bundle of rights - Wikipedia

    en.wikipedia.org/wiki/Bundle_of_rights

    Real Estate Investment Trusts divide up the bundle of rights in order to allow commercial investments in real property. These legal structures are becoming more common throughout the developed world. Squatting presents a non-economic way for people to transfer parts of the bundle of rights. Depending on the applicable laws, a squatter can ...

  7. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    The Appraisal Institute defines highest and best use as follows: The reasonably probable and legal use of vacant land or an improved property that is physically possible, appropriately supported, financially feasible, and that results in the highest value. The four criteria the highest and best use must meet are legal permissibility, physical ...

  8. List of forms of government - Wikipedia

    en.wikipedia.org/wiki/List_of_forms_of_government

    Democracy, meaning "rule of the people", is a system of government in which the citizens exercise power directly or elect representatives from among themselves to form a governing body, such as a parliament. Democracy is sometimes referred to as "rule of the majority".

  9. Real Estate Definitions Every Seller Should Know - AOL

    www.aol.com/news/2010-09-14-terms-every-seller...

    Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...