google bot detected Master Deed | Real Estate Glossary | Realestateagent.com

Master Deed


Definition of "Master deed"

Filed by a condominium developer or converter for the purpose of recording all of the individual condominium units owned within a condominium development. For example, a condominium developer secured a piece of property for the purpose of developing a condominium complex. The developer then recorded a master deed showing the individual condominium units within the complex. Restrictions and covenants may be included with the master deed.



Related Real Estate Glossary terms

Related Real Estate FAQ