Offer to purchase
Commercial property & real-estate term
A written expression of a person's willingness to purchase a certain property on terms expressed in the offer.
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “O”
Overall capitalisation rate Operating expenses Occupancy Office park Obsolescence Option to purchase Owner occupied Occupancy