If a developer constructs some speculative buildings in hopes of identifying purchasers after completion,this is referred to:
A)Feasibility construction
B)Turnkey basis
C)Build to suit basis
D)Optional construction

Question

Quizplus · Accepted Answer

A turnkey basis refers to a situation where a developer builds a property with the intention of selling it to a buyer after completion, often without a pre-arranged buyer.

If a Developer Constructs Some Speculative Buildings in Hopes of Identifying