Australian Real Estate Glossary

 

 

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3 terms found.

1. FIBRO CEMENT - A building sheet composed of asbestos fibres and Portland cement.

2. FIXED FLOOR COVERINGS - Wall to wall carpet, kitchen linoleum, vinyl tiles, etc. This term does not cover loose rugs.

3. FREEHOLD - The highest form of estate in land and the nearest the law allows a real property owner to approach complete ownership. A freehold estate is one which is of unlimited duration, that is to say, it cannot be said of an estate of freehold at the time of its creation when it will come to an end. Thus, an estate for life is a freehold estate, as, when it is created, while it is clear that it must come to an end with the death of a life tenant, as the person to enjoy for life is called, no one can say for certain when it will end

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Pearl Beach Real Estate (ABN 27 093 074 189)
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Australia

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