A developer’s guarantee covering major structural defects for a specific period after construction.

An official document confirming that construction has been finished in accordance with approved plans.

A legal authorization for a company or individual to engage in property development projects.

Formal permission from local authorities to proceed with a planned real estate project.

A comprehensive plan outlining the design, zoning, and infrastructure for a large-scale development.

A property not publicly listed for sale, often marketed privately to select buyers.

A real estate project built without pre-sold units or leases, relying on future demand.

The process of evaluating the risk of lending or insuring, including assessment of borrower and property.

The annual rental income expressed as a percentage of the property’s purchase price before expenses.

The annual rental income as a percentage of purchase price after expenses are deducted.