Refers to land and buildings where there is no other title which may restrain the owners. This is the permanent ownership of land or buildings which can be legally passed on to heirs and the most usual form of ownership for houses.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.