Glossary · UK
EPC
Energy Performance Certificate — UK statutory rating from A (best) to G (worst), valid 10 years.
Around this term
Adjacent entries.
Beneficial owner
The natural person who ultimately owns or controls a property, regardless of legal title.
Cooling-off period
A short statutory window after exchange during which the buyer may withdraw, sometimes with a forfeit.
DLD
Dubai Land Department — the regulator that registers all UAE Dubai-emirate property transfers and licenses brokers via RERA.
Escrow
A neutral third-party-held account into which deposits and balances are paid pending contractual milestones.
Exclusivity period
A pre-exchange window during which the seller cannot solicit other offers; sometimes paired with an exclusivity fee.
Freehold
Outright ownership of the land and any buildings on it, in perpetuity.
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