Definition of Acquisition

The process of taking title to or ownership of something.

Acquisition refers to the process of obtaining ownership or control over a property or asset, typically through purchase, exchange, or lease. This can involve legal, financial, and due diligence procedures to ensure a successful transfer of property rights.

Category/Context: The term acquisition is most relevant in the context of real estate investment, development, and asset management.

Related Terms

• Due Diligence
• Asset Management
• Property Rights
• Purchase Agreement
• Title Transfer

Usage Example(s)

The real estate development company completed the acquisition of a prime parcel of land, with plans to construct a mixed-use building on the site.

Examples/Applications

Real estate acquisitions can take various forms, such as:

1. Buying residential properties for investment purposes
2. Acquiring commercial properties for redevelopment or leasing
3. Purchasing land for new construction projects
4. Real estate investment trusts (REITs) acquiring properties for their portfolios
5. Successful acquisitions often require thorough research, financial analysis, and negotiation skills to ensure a profitable outcome.

Etymology/History

The term “acquisition” is derived from the Latin word “acquisitio,” which means “to gain” or “obtain.” In the context of real estate, it refers to the process of gaining ownership or control over a property or asset.

References

1. Investopedia: Acquisition Link
2. Corporate Finance Institute: Mergers & Acquisitions in Real Estate