Land terms T–Z

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013.

Land irrigated from a tank or pond.

Revenue officer for the tehsil; orders mutation and decides many revenue matters at first instance.

The rise in pressure to take improper transactions precisely when income is short and judgement is worst.

The risk that an arrangement permitting cultivation creates rights in the cultivator that were not intended.

The written statement of what would have to happen for value to rise, and roughly when.

How long a parcel sits before selling; a leading indicator of phase.

The period a parcel is offered before it sells.

The underlying legal right to land, created and transferred by registered instruments.

The sequence of transfers by which land reached the present holder, each with a document behind it.

The initial payment demonstrating seriousness; should be receipted, modest and with refundability stated.

The agent's one-page record of every stage, condition, date, owner and status.

The event on which commission becomes payable; the single most consequential clause in the agreement.

The point at which volumes fall while asking prices remain high — diagnostic and rarely noticed.

Urban Improvement Trust — comparable planning and development body for other cities in Rajasthan.

Land plotted and sold without conversion or layout approval; plots cannot be properly registered or serviced.

Non-agricultural use without permission, exposing the holder to penalty and action.

Effort spent on enquiries that never complete; typically the largest single cost of producing a completion.

Recorded area less internal non-usable features and non-transferable portions.

The stated purpose for which conversion is granted — residential, commercial, industrial, institutional or mixed.

Cost incurred per enquiry or per deal — travel, record fees, marketing, professional costs.

A change to agreed scope, and a frequent source of margin dispute where terms are vague.

A will, operating on death; the most frequently contested basis for mutation.

A transfer made in breach of a restriction, liable to be set aside with the loss falling on the buyer.

Mutation on the basis of succession following a holder's death.

Reading every live file each week; catches most problems while they are small.

A record classification attracting specific conversion protections in several states.

Deriving required enquiry volume from a needed income figure through measured funnel rates.

Cash to fund labour and materials ahead of payment stages; the most common cause of contractor failure when exhausted.

The definition of what each person may and may not do, particularly around opinions on title, law, tax or value.

The land-use category assigned to a parcel in the master plan — residential, industrial, agricultural, green belt and so on.

The land-use category assigned to an area — residential, commercial, industrial, agricultural, green belt and others.