Glossary
Construction equipment terms explained.
Public Easement Register
Public register documenting building law obligations that a landowner has entered into with the building authority.
Standard Land Value
Officially determined average land value per square metre for a spatially defined area with largely uniform location and usage conditions, established by valuation committees.
Land Value
The monetary value of a plot of land excluding buildings and structures, determined by location, development potential, and comparable transactions.
Homeownership Rate
The percentage of households living in owner-occupied housing out of all households in a country.
Ground Lease
A real property right allowing the holder to build and use a structure on another person's land in exchange for a ground rent payment.
Ground Lease
A real property right allowing the ground lessee to construct and use a building on another's land in exchange for a periodic ground rent payment.
Broker Commission
Fee paid to a real estate agent upon successfully brokering a purchase or rental agreement.
Rent Control Cap
Legal regulation limiting rent increases in new leases in tight housing markets to a maximum of 10% above the local comparative rent.
Rent Index
An official overview of local comparative rents categorized by location, size, and condition of dwellings within a municipality.
Living Area Calculation
Standardized method for determining the chargeable floor area of a residential unit according to legal regulations.
Housing Company
A company specializing in the construction, management, and rental of residential properties, often publicly or municipally owned.
Condominium Owners' Association
Legal community of all owners of individual apartment units within a property, jointly managing and financing the common areas and shared infrastructure.
Non-Profit Housing
A legal status granting housing companies tax benefits in exchange for permanently providing affordable housing for broad sections of the population.
Housing Vacancy
The share of unoccupied dwellings in the total housing stock, indicating structural or cyclical weakness in demand.