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Posted by / 19-Jan-2020 01:41

'Turnkey' is also commonly used in motorsports to describe a car being sold with drivetrain (engine, transmission, etc.) to contrast with a vehicle sold without one so that other components may be re-used.Similarly, this term may be used to advertise the sale of an established business, including all the equipment necessary to run it, or by a business-to-business supplier providing complete packages for business start-up.

Import your listings from the MLS and choose any of 5 listing templates.

A turnkey project or contract as described by Duncan Wallace (1984) is: ….

a contract where the essential design emanates from, or is supplied by, the Contractor and not the owner, so that the legal responsibility for the design, suitability and performance of the work after completion will be made to rest … 'Turnkey' is treated as merely signifying the design responsibility as the contractor's.

Everything is completed down to the cabinets and carpet.

"Turnkey" is commonly used in the construction industry, for instance, in which it refers to the bundling of materials and labour by Home Builder or General Contractor to move into the home without owner involvement.

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