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holdout |
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holdout A property owner who refuses to sell to a developer who is purchasing a number of separate parcels in order to put them together—an assemblage—for development. Sometimes the practice results in an offer vastly in excess of market price,because the holdout controls the success of the entire project.Other times, developers go back to the drawing board and redesign the project, leaving the holdout with no offer at all and what could turn into very unpleasant living conditions due to being surrounded by parking lots and 24-hour high-intensity lighting.Developers often avoid the problem by purchasing options rather than properties,so that if a critical property owner refuses to sell,the developer can abandon the entire project with a minimal expenditure. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Life is dangerous for all: for the ranchers, for the Apaches who return to the mountains and raid the settlers, miners, and stagecoaches, for the Apaches who live on the crime and disease-ridden reservation, and for the soldiers who are called upon to pursue the holdouts. playing in the Independent Atlantic League before ending much-publicized yearlong holdouts by signing multimillion dollar contracts the same day six weeks ago. How about one of the world's remaining Communist holdouts (talk about an anachronism)? |
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