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Real estate owned. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender —typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1] A foreclosing beneficiary will typically set the opening bid at such an auction for at ...
Building restoration describes a particular treatment approach and philosophy within the field of architectural conservation and historic preservation. It emphasizes the preservation of structures such as historic sites, houses, monuments, and other significant properties through careful maintenance and upkeep.
The conservation and restoration of books, manuscripts, documents, and ephemera is an activity dedicated to extending the life of items of historical and personal value made primarily from paper, parchment, and leather. When applied to cultural heritage, conservation activities are generally undertaken by a conservator.
In the broadest sense, cultural resource management ( CRM) is the vocation and practice of managing heritage assets, and other cultural resources such as contemporary art. It incorporates Cultural Heritage Management which is concerned with traditional and historic culture. It also delves into the material culture of archaeology.
Historic preservation (US), built heritage preservation or built heritage conservation (UK) is an endeavor that seeks to preserve, conserve and protect buildings, objects, landscapes or other artifacts of historical significance.
The conservation and restoration of cultural property focuses on protection and care of cultural property (tangible cultural heritage), including artworks, architecture, archaeology, and museum collections. [1] Conservation activities include preventive conservation, examination, documentation, research, treatment, and education. [2]
The International Centre for the Study of the Preservation and Restoration of Cultural Property (ICCROM) is an intergovernmental organization dedicated to the preservation of cultural heritage worldwide through training, information, research, cooperation and advocacy programmes.
In historic preservation, sustainable preservation is the idea that preservation has tangible ecological benefits, on the basis that the most sustainable building is one that is already built. Historic buildings can have advantages over new construction with their often central location, historic building materials, and unique characteristics ...