Real Estate Glossary

Real Estate Glossary

There are 18 entries in this glossary.
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Glossaries

Term Main definition
Prime Tenant

The major tenant in a building, shopping center, etc.

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Proffer

A development plan and/or written condition that, when offered by an owner and accepted by the county, becomes a legally binding part of the property in question.

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Punch List

An itemized list noting incomplete or unsatisfactory construction. Usually prepared by the tenant architect after the contractor has notified the owner that the tenant space is substantially complete.

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