Property Complex
/ˈprɒpərti ˈkɒmplɛks/
Definitions
- (n.) A legally recognized grouping of multiple real property units, often constituting a single development or parcel with shared amenities or governance.
The property complex includes several residential buildings and a community center under one management.
Forms
- property complexes
Related terms
See also
Commentary
Term commonly used in real estate law to denote a collection of properties treated as one entity, important for defining ownership rights and responsibilities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.