Glossary

Terms defined under real estate and hospitality.

The terms an owner needs to know before deciding anything in this area, each with the rule behind it. The area’s own entries are under the area, and every term is in the full glossary.

Each term below has a page of its own. It explains what the term means in plain words, what it changes for an owner who holds, buys, lends or passes on a work, and which law, regulation or published rule it comes from, so the meaning can be checked before a decision is taken.

A term sits under the area whose decisions depend on it, and some terms matter in more than one area. In the reference entries, each term links to its page the first time it appears, so a reader can check what the word means before reading the rule that uses it.