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Construction glossary

What is a Property Owner?

In the construction industry, a property owner refers to an individual, group, company, or entity that holds legal title to real estate, which comprises commercial or residential properties. This person or entity has the right to sell, lease, develop, renovate, or commission construction projects on the premises. The property owner may also participate in planning, decision-making, and overseeing construction work, either independently or in collaboration with structural engineers, architects, and contractors.