Definition of "Turnkey property"

Deonne Ramos real estate agent
Deonne Ramos, Real Estate Agent Keller Williams Realty

All the new tenant has to do is "turn the key" to the apartment or office in a newly constructed building because everything is completed and ready for occupancy. For example, Brian moves into a new building and the apartment is fully in condition as far as the landlord's responsibility is concerned. Brian only has to buy personal items.

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