When multiple buyers compete with higher offers for the same property.

A property in poor condition that negatively impacts its surroundings.

Land previously used for industrial purposes that may have environmental contamination.

Regulations specifying construction standards to ensure safety and quality.

Properties developed specifically to be rented out, often by institutional investors.

A market condition where supply exceeds demand, favoring buyers.

A measure of return on investment calculated as net operating income divided by property value.

Expenses incurred by owning a property, such as taxes, insurance, and maintenance.

A document issued by local authorities certifying a building is safe and compliant for use.

Ownership of property free from liens, disputes, or legal questions.