A right established over a unit in a building that is not yet complete.
It is the right established on the land share for each unit in the plans, before the building is finished. If the deed says "construction servitude", the building is either still under construction or finished but without an occupancy permit.
A property under a construction servitude can be bought and sold, but it cannot be converted to condominium ownership until the occupancy permit is issued. Some banks assess loan terms differently for this deed type; as a buyer you should ask about it at the start.
Related terms
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