February 16, - If you're looking for a move-in ready home or investment property, then a turnkey home may be right for you! May 15, - It is known as a “turnkey” property because all that is left for you to do upon completion is to put the key in the door, turn it, and nothing else is required to make it a liveable space. The meaning of TURN-KEY JOB is a job or contract in which the contractor agrees to complete the work of building and installation to the point of readiness for operation or occupancy. January 20, - Turnkey procurement is a method where a client hires a single contractor to design, build and fully equip a project, then hand it over to the client when completed, ready to use. July 31, - Turnkey houses are popular because they’re usually move-in ready. Discover other pros – and some cons – of turnkey homes to determine if it’s worth buying one. February 12, - The world moves fast. In the world of digital communication, social media, and the Internet, business ideas can move from conception to life very quickly. Leasing a traditional office space, however, can take some time, especially if there are necessary improvements before the new client can. July 27, - When a company or business isn't looking for multiple bells and whistles, a turnkey solution may be an affordable and simple option. In a turnkey solution, a corporate buyer just has to "turn" a "key" to commence a business activity in the newly built structure. Leasing, when the landlord delivers the leased premises ready for the tenant to immediately begin business from its first day of occupancy. When the landlord delivers the leased premises in a turnkey condition, the tenant improvements are performed by the landlord at the landlord's expense. November 7, - Turnkey vs Design & Build Construction. What are they and why do they matter? Food Sector Construction's Steve Brown explains all. In an turnkey contract (also known as an EPC contract), the contractor engineers, procures, constructs and commissions a project from its inception to. A turnkey office development provides an easy solution for many businesses wanting to move in and get up and running without any hassle. June 4, - A turnkey home can have more than one definition. Discover the difference between the meanings, and then learn if a turnkey home is right for you or not. December 22, - Building a new home can be financially complicated. Obtaining both a construction loan as well as a mortgage is frustrating, to say the least. But construction loans aren’t the only way to fund new home construction. The turnkey construction process provides a way to cut through that red. July 20, - A turnkey solution is an all-in-one product or service that’s ready to use as soon as you buy it. You can see examples of turnkey solutions everywhere you look—from a move-in-ready home with working appliances to tech that requires little setup. Here’s a closer look at how a turnkey solution works and when you may want to go with it instead of a custom option. A turnkey solution (sometimes spelled “turn-key. August 31, - When a home is being offered turnkey, it means that everything is included in the sale (everything “conveys”). And by everything, it typically means everything down to the silverware and a corkscrew. And so the buyer just needs to “turn the key” to move in. December 21, - The general definition for turnkey, that is designed, supplied, built, or installed fully complete and ready to operate; the contractor or provider undertakes the entire responsibility from design through completion and commissioning. The term implies that the end user just has to turn a key and start. June 11, - The turnkey project means, a contractor or a firm agrees to fully design, construct and equip a manufacturing unit, business, service facility and turn the project over to the client when it is ready for operation for remuneration. The term turn-key project describes a project in which the. 1 week ago - TURNKEY CONTRACT definition: a contract in which a company is given full responsibility to plan and build something that the. Learn more. December 10, - Answer (1 of 3): It means something that is ready to go right out of the package. It is based on the idea of a car: when you buy a new car, all you have to do is “turn the key”: everything is ready to go. It is the same for a project. If someone says they will do a turn key project, it. September 21, - A ‘turnkey’ house is one that is purchased at a fixed price and when completed is move-in ready with no additional inclusions or costs required. All the buyer needs to do is turn the key and move right in. A turnkey home might be off-the-plan, ready built, constructed on land you already.
To support our service, we display Private Sponsored Links that are relevant to your search queries. These tracker-free affiliate links are not based on your personal information or browsing history, and they help us cover our costs without compromising your privacy. If you want to enjoy Ghostery without seeing sponsored results, you can easily disable them in the search settings, or consider becoming a Contributor. A turnkey, a turnkey project, or a turnkey operation (also spelled turn-key) is a type of project that is constructed so that it can be sold to any buyer as a completed product. This is contrasted with build to order, where the constructor builds an item to the buyer's exact specifications, . plural turnkeys ·: one who has charge of a prison's keys · Recent Examples on the Web · Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. . Turn-key properties are generally in great condition. They are often pricier than properties that may need repairs or remodeling, such as a home with older, drafty windows or a roof in disrepair. You should always get a home inspection, though, before finalizing a purchase for any property – even if the home is . At the base layer, the company offers a hardware server product that is designed to be turn-key and secure by default. . A turnkey property is residential real estate that, upon purchase, can be rented out immediately by the buyer. . While turnkey delivery methods offer many benefits, it’s important to weigh turnkey project advantages and disadvantages before signing a contract. . The world moves fast. In the world of digital communication, social media, and the Internet, business ideas can move from conception to life very quickly. Leasing a traditional office space, however, can take some time, especially if there are necessary improvements before the new client can . In order to properly experience our website, please enable Javascript . The world's leading online dictionary: English definitions, synonyms, word origins, example sentences, word games, and more. A trusted authority for 25+ years! . A turnkey business is an arrangement model and merely requires investment capital and labor. The term refers to a corporate buyer just having to "turn" a "key" to commence business activity. . If you enjoy Ghostery ad-free, consider joining our Contributor program and help us advocate for privacy as a basic human right.
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Jul 13, - What Is a Turnkey Property? A turnkey property is one that you can buy and i The term turnkey is derived from the idea that you can just turn the key and start living . Nov 25, - Turnkey Business: Definition, How It Operates With Examples What Is a Turnkey Business? The term "turnkey" is based on the concept of only needing to turn the key to unlock the d . Sep 9, - What Is Turn-Key Construction – Why It’s a Great Way to Build a Home When a customer is When the home is finished, the customer “turns the key” and moves in.. What Is a Turnkey Business? Definition & Examples of a Turnkey Business A turnkey business is a business that includes everything a buyer needs to immediately start running the bus . Aug 20, - Turnkey Solution: Definition, Example, Pros & Cons What is a Turnkey Solution? In a turnkey solution, a corporate buyer just has to "turn" a "key" to commence a business . May 3, - What is turnkey real estate (and is it right for you)? traditional turnkey companies out there that focuses on a few key markets in the Midwest.. EXCEPTIONAL Luxe All-Suite Retreat with Sauna & Lake Views. Apr 15, - What is Turn Key Real Estate Investing?, The article represents the author's opinion. This post may contain affiliate links. Please read our disclosure for more info. Do you ever . Jul 13, - What Is a Turnkey Property? How It's Used as an Investment What Is a Turnkey Property? A turnkey property is a fully renovated home or apartment building that an investor can purch .