TERMIUM Plus®

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VACANT LOT [1 record]

Record 1 2018-02-09

English

Subject field(s)
  • Real Estate
  • Investment
DEF

A parcel of land that currently has no buildings (or improvements) on it.

OBS

Vacant lots can be an opportunity for real estate investors who are interested in building an in-fill home on the land, or even for people who want to hold the land because the property may appreciate in the future.

French

Domaine(s)
  • Immobilier
  • Investissements et placements
DEF

Terrain sur lequel aucune construction n'a encore été érigée et que l'on détient le plus souvent à titre de placement.

CONT

Lorsqu'un terrain vacant est situé à moins de 50 mètres d'une propriété, on observe que la valeur de la propriété va diminuer [...]

Spanish

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