limited properties
[ˈlɪmɪtɪd ˈprɑːpərtiz]
nounpl: limited properties
propriedades limitadas
1. Real estate or assets with restrictions on use, ownership transfer, or development rights
The investor purchased limited properties in the protected area where construction was restricted.
O investidor comprou propriedades limitadas na área protegida onde a construção era restrita.
2. Properties subject to legal constraints, easements, or covenant restrictions
Limited properties often have lower market values due to their restricted usage.
Propriedades limitadas frequentemente têm valores de mercado mais baixos devido ao seu uso restrito.
3. Real estate with finite ownership rights or time-bound possession agreements
The lease on these limited properties expires in ten years.
O arrendamento destas propriedades limitadas expira em dez anos.
In Brazil, limited properties are common in environmental protection areas and historical districts where development is restricted by law. This concept is significant in São Paulo and Rio de Janeiro due to urban planning regulations. In the USA, limited properties often refer to properties with HOA restrictions, conservation easements, or lease-hold arrangements. The term is frequently used in legal and real estate professional contexts in both countries.
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