Changing the physical shape of a property. Contrast Remodeling, Renovation.
Example: After a single tenant, who occupied a whole office building, moved out, the building owner reconfigured the interior of the building to accommodate multiple tenants on each floor.
Reconfiguration
| Real Estate Dictionary: Reconfiguration |
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 | Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
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