Ground Price: Difference between revisions
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==How the ground price is implemented in the Tygron Engine== | ==How the ground price is implemented in the Tygron Engine== | ||
: Considering that [[land transactions]] and buying and selling of [[constructions]] between [[stakeholders]] to change [[ownership]] is an integral part of the Tygron Engine, it should not come as a surprise that also ground prices are implemented in the Tygron Engine. | |||
==Ground price types available== | ==Ground price types available== |
Revision as of 13:27, 22 August 2014
After reading this page:
- you've learned about ground price
- you've learned about the importance of ground price in the Tygron Engine
- you've learned about the different types of ground prices in the Tygron Engine
- you've learned how to change the different types of ground prices in the editor
Ground Price
- A value that will purchase a finite quantity of land or other real estate property.
- As the consideration given in exchange for transfer of ownership, price forms the essential basis of commercial transactions. It may be fixed by a contract, left to be determined by an agreed upon formula at a future date, or discovered or negotiated during the course of dealings between the parties involved.
Based on: http://www.businessdictionary.com/definition/price.html
How the ground price is implemented in the Tygron Engine
- Considering that land transactions and buying and selling of constructions between stakeholders to change ownership is an integral part of the Tygron Engine, it should not come as a surprise that also ground prices are implemented in the Tygron Engine.