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Real Estate Jargons on your Fingertips: Development Control / Development Yield

When you are looking for an ideal home to live and you go to a real estate agent or a broker or even a builder, they might use jargons which you might not know.

But we give you a solution!!

Read this space every Tuesday & Wednesday for Real Estate Jargons.

Defacto Possession

  • Also called Constructive Possession; the actual physical possession is called Defacto Possession.
  • The actual possession should be held without force or fraud.

Dejure Possession

  • Also called Juridical Possession, it means possession in the eyes of the law.
  • This may not be accompanied by Defacto Possession.
  • Even when the property is lying locked, the Dejure possessor is the Defacto possessor of the property.

CTA for Jargons WCC

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