Monday, 15 February 2016

What is the word for a new built property?

You might want to have a look at Phorio Standards, a site dedicated to understanding the terminology of building, architecture and real estate. It has definitions of more than 3,000 terms, each of which is translated into over 40 languages.



I'm American, and I think completion might be a good choice. It is defined as follows:




Completion:
A structure is basically finished on the outside, and at least partly ready for use.



A structure is complete when the exterior is basically complete, with no major details remaining in its construction, and it is at least partly ready for its intended use. Fit-out of interior spaces may continue for any length of time after completion; it is not necessary for spaces inside to be occupied, as long as they are ready for hand-over to the occupant(s) without major structural work remaining.


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