Collaborator

First, it is important to understand meaning of collaborator, Let’s clear in the following steps.

What is the meaning of collaborator?

Collaborator means a person who works together with others for a special purpose like to build a property. Even an expert client can benefit from a collaborator to help eliminate mistake.

What is property collaboration?

The builder and the property owner(s) are entitled to sell, convey, transfer and assign their respective portions to any prospective buyer(s) and can receive the sale proceeds in respect thereof, in their name during or after the building is completed, without any objection from each other.

Whey collaboration is important?

For example, If a land owner does not have enough money to build his/her property in this case collaborator plays an important role. Collaborator will invest money in land and after completion of the project both parties can transfer property ownership to each other with decided benefit.