Redevelop

Definition of "Redevelop"

Demolition and removal of all existing structures on a building site and the subsequent construction of a totally new building structure. For example, in a downtown redevelopment project, all the older private homes were demolished and a high-rise public housing facility was constructed.

Search Real Estate Glossary

Related Real Estate Glossary terms

Wall Panel

Exterior wall not supporting a load, mostly found in office buildings. ...

Fraud

Dishonest act. Coverage for loss by fraud (not liability for committing fraud) is provided under the ...

Facultative

Reinsurance term under which the reinsurer exercises its faculty or prerogative to insure a risk or ...

Q Schedule

SCHEDULE provision of the new York insurance code and regulations under which the life insurance co ...

Dual Contract

Illegal practice of having two contracts for the same transaction. One contract may be used as a su ...

Defeasible

Claude in a contract, title, or mortgage that is subject to being annulled, repealed, or revoked upo ...

Related Real Estate FAQ

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or run ...

What Is A Negative Amortization?

A negative amortization is a type of loan situation that occurs when the monthly payments do not cov ...

What Type Of Life Insurance Is Right For Me?

A life insurance policy can help enable your family to remain financially if you or your spouse shou ...

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on t ...

What Do I Need To Know About Pet Insurance?

If you own a pet, i\'m sure you\'ve been in a situation where the vet bills have been much higher th ...

What Is An Annuity?

An annuity is a long-term, interest-paying contract offered through an insurance company or financia ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

5 signs of house foundation problems What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? What is Hazard Insurance? Build or Buy? That’s the Big Question 10 Tips for Homebuyers

FAQ

How Much Will My Principal Be? What is a mortgage? What is a buyer's agent? What is a second mortgage? Why should I use a real estate agent?