Glossary · GB,AE
Power of Attorney (POA)
A legal authority allowing one person to act on behalf of another in specified matters, including certain property transactions where permitted.
Around this term
Related terms.
Memorandum of Understanding (MOU)
A document setting out the principal terms agreed between parties to a property transaction before the final transfer or sale documentation is completed.
Property Transfer
The legal and administrative process through which ownership or registered rights in a property are transferred from one party to another.
Branded Residence
A residential property associated with a recognised hospitality, fashion, automotive or lifestyle brand, typically offering private ownership alongside hotel-style services or amenities.
Capital Appreciation
An increase in the market value of a property over time, creating a potential capital gain when the property is sold.
Capital Growth
An increase in the value of a property over time. Capital growth is one of the principal potential returns considered by property investors.
Commercial Property
Property primarily used for business, trade or commercial purposes, including offices, retail premises, warehouses and certain mixed-use assets.
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