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

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