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Property

Sub Leasing

Subleasing is a legal arrangement where the original tenant of a property is allowed to rent out a portion or the entire property to another tenant. This right is usually specified in the initial lease agreement and requires approval from both the landlord and the primary tenant. This allows the primary tenant to earn additional income and share the responsibility of the property with the subtenant. It is important to carefully consider the terms and conditions of subleasing before entering into any agreement.

Alternative user value

Real estate is the term used to describe the value of land and buildings based on their potential use, rather than their current use. This concept is important in the world ...

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Zoning

Land use zoning is a fundamental concept in the field of planning. It refers to the process of classifying a geographical area into distinct zones, each designated for a spe...

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Capitalisation

Understanding the concept of present value involves converting a series of future net receipts into their equivalent capital worth at a given date. This involves taking into...

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Strata Title

In finance, we often encounter the concept of freehold title, which refers to the ownership of a property that includes both the horizontal title above and below it. To ensu...

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