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There are 11 names in this directory beginning with the letter D.
Date of Settlement
The date on which a contract of sale is finalised and final payment is made.
Debt
A sum of money that is owed or due.
Deed
A document executed under seal. For example, a conveyance.
Default
Failure to pay a debt by the due date.
Density
The level of occupancy in a given area, or the number of people permitted to reside in an area. For example, inner-city areas are usually higher density than outer-suburban areas.
Deposit
A sum of money you put down to “prove” that you are serious about purchasing a property, that you wish to secure it at the price on offer, and you can arrange for the finance to allow you to buy it. If you decide not to proceed, for whatever reason, this deposit may or may not be refundable in whole or in part.
Depreciation
As buildings get older and items within it wear out, the ATO allows property investors to claim these deductions related to the building.
Development Approval
Approval from the relevant planning authority to construct, add, amend or change the structure of a property.
Diversification
Not “putting all your eggs in one basket” as regards your investment risk. A smart diversified property investment portfolio would include a diverse group of properties.
Drawdown of Funds
To withdraw funds from a loan account, as with house and land purchases with a construction loan, where building progress payments are “drawn down” on an on-going basis depending on what stage the “build” is at.
Due Diligence
An investigation of a business, service or product prior to signing a contract or investment.