GMR

GLOSSARY

Joint Ownership

It refers to the ownership of a property by two or more parties, where each party holds a shared interest in the property. This could be structured as a partnership, a joint venture, or a co-ownership arrangement.

   

Jump Lifts

It refers to specialized construction equipment used for vertical transportation during the construction or renovation of high-rise buildings. These lifts are designed to move workers and materials quickly and efficiently between different floors of a building under construction.

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