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Real Estate Glossary

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Khata

It is a legal document that records property tax payment done by a resident to the municipality. Khatas are prominently used in Bangalore.

Kick-Out Clause

A clause in a sales contract that allows the seller to accept one buyer's offer and then back out without penalty if a second buyer makes a better offer to him.

Knee Wall

A wall-like structure that supports roof rafters in timber roof constructions.

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