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Agricultural Land
Land that is set aside for agricultural or livestock rearing purposes that cannot be built on.
Agricultural Real Estate
Land without planning permission or construction of an agricultural nature located on agricultural land and essential for performing agricultural, livestock or forestry activities.
Amortisation Period
The period of time during which the principal loan capital and the interest thereon is repaid.
Annual Property or Real Estate Tax
The municipal rates paid by the owners of a property. It is collected on an annual basis and in accordance with the rateable value allocated to the property.
Articles and Conditions
Design or planning document containing a detailed list of all the technical specifications of the materials that have to be met and the rules that have to be observed during the construction of the project.
Appraisement / Just Valuation
The legal valuation of a certain property. Normally used for compulsory purchases and other processes of a legal type.
Arbitration
Legal procedure for solving a dispute without the involvement of a court of law.
Attorney
The person upon whom powers have been bestowed by another to represent him/her and to act in his/her name.
