Comprehensive guide explaining essential legal, technical, and financial property terms.
A title deed confirming that full ownership rights of a real estate property belong exclusively to a single real person or legal entity. No other co-owner or partner holds rights over the asset, giving the owner total discretion regarding sales, mortgages, or developments.
A legal property title co-owned by multiple individuals. The deed explicitly states stakeholder names and ownership percentages (e.g., 1/3, 2/5). However, the specific physical boundary or unit assigned to each owner is not demarcated on the document.
The mathematical coefficient dictating the total permissible gross construction area on a land plot. For example, if a 1,000 m² parcel carries an FAR (KAKS) ratio of 1.5, a maximum cumulative floor area of 1,500 m² may be constructed.
The maximum percentage of land ground area that the building footprint can occupy. For instance, on a 1,000 m² plot with a TAKS ratio of 0.30, the ground floor coverage of the building cannot exceed 300 m².
The official legal process of transferring title deed records of a deceased property owner to their lawful heirs in accordance with an official certificate of inheritance. No property sale or transfer can occur prior to completing this registration.
A state of joint ownership (often stemming from inheritance) where individual share percentages are not legally individualized yet. Under undivided ownership, unanimous consent from all legal stakeholders is mandatory for any sale or encumbrance.
A statutory right in shared title deeds granting existing co-owners priority to purchase a stakeholder's share if sold to an external third party. Legal co-owners can reclaim a share sold externally by matching the transaction price via court order.
A digital geospatial system mapping precise real-world coordinates, boundaries, block, and plot numbers. Our AI valuation engine uses GIS integration to verify proximity to main transport axes and municipal infrastructure.
The official government surveying procedure determining exact physical boundaries, area dimensions, and legal ownership status of land assets. Uncadastred parcels cannot be evaluated digitally or registered with official deeds.
Official legal annotations, liens, or mortgages recorded on the Land Registry kütük to restrict property rights or secure debt. Properties carrying uncleared liens or court injunctions cannot be onboarded into corporate fund acquisitions.