Okava

Guides & resources

Property Glossary (N–Z)

Settlement

Completion of the financial obligations in a transaction.

Snag List

A list of defects identified before handover.

Stand

A parcel of land intended for development.

Title Deed

The legal document proving ownership.

Transfer

The legal registration of ownership from seller to buyer.

Valuation

An estimate of a property's value by a qualified professional.

Zoning

Land-use rules governing permitted development.