172@29@16@12!~!172@29@0@53!~!|glossary|property|vertical-slice-participation_688.html!~!www|moneycontrol|com!~!|mccode|glossary|glossary_question.php!~!is_mobile=false
Moneycontrol
YOU ARE HERE > Moneycontrol > Property > Glossary

Property

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Specials

A method of multi-participation in a venture, usually a development, whereby each of the participants owns a separate legal interest in the whole of the property concerned by way of the freehold, head lease or a subordinate interest. The documentation normally ensures that rental and other income and /or capital receipts as well as the cost of any revenue or capital liabilities are shared by the participants in predetermined percentages related to their respective contributions, whether financial or otherwise.

Sections