Subdivision
Commercial property & real-estate term
The creation of a number of smaller properties or erven out of one or more large lots for the purposes of developing and/or selling them.
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 “S”
Stamp duty Seller's market Speculative builder Self-amortizing mortgage loan Speculator Sublease Sale agreement Sales comparison approach
