Developer
Definition
- A person or organization that develops or creates something.
- An individual or company who develops real estate (land) for the erection of houses or buildings for sale or rent.
Synonyms
real estate investor, planner, real estate developer
Related Terms and Acronyms
- Architectural Fees — Definition,
- Compensation paid to a person who designs buildings.
- Building and Loan Association — Definition,
- A financial institution designed to help members finance real-estate transactions.
- Contractor — Definition,
- One who constructs or oversees construction of a house or a large renovation.
- Someone that agrees to furnish materials or perform services at a specified price.
- Key Lot — Definition,
- A lot of which ownership is essential in acquiring a piece of land for development, either because of its strategic location or the timing of the acquisition.
- Self-Build Insurance — Definition,
- Insurance that covers a homeowner for problems involved in a construction project.
- Subcontractor — Definition,
- A person or company that does specialty work for a general contractor.
