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DUPLEX

Credit gives the word to pay either by repaying it or returning those resources later. In other words, this credit is the method of making the reciprocity formal, legally enforceable, and of course, extensible to a vast group of people who are not related.

However, the resources provided may be financial or have goods or services, like consumer credit. The credit covers any form of deferred payment. Credit generally gets extended by the creditor, the debtor or lender, and sometimes the borrower.



Definition

Duplexes could indicate residential structures which are split into two apartments. There is a scientific meaning as well, i.e. polynucleotide molecule which is double-stranded. It means a home with two apartments, or a unit with two apartments. Duplexes are often preferred homes for bigger families or joint families. They are also known as two-family homes.

Use of Duplex in Real Estate

Duplexes are widely used throughout the real estate sector, and are multi-family housing units with two units in a structure/building. The units often share common walls, although the floor plans and layouts may differ. Units may be positioned as modern two-storey units (one above another) or be put side by side. Duplexes are mostly units built over two floors, often with single kitchens, living rooms, and dining rooms.

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