Correctional Facility - Real Estate Asset

Correctional Facility - Real Estate Asset - A Correctional Facility includes properties specifically designed, constructed, and operated to confine individuals who have been arrested, are awaiting trial, or have been convicted of crimes. These assets encompass a range of facilities, including prisons, jails, detention centers, and penitentiaries, and are critical components of the criminal justice system.

Class Information

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Identification

Label (rdfs)
Correctional Facility - Real Estate Asset
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Alternative Labels
Correctional Facility, Correctional Property, Incarceration Facility
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Definition and Examples

Definition
A Correctional Facility includes properties specifically designed, constructed, and operated to confine individuals who have been arrested, are awaiting trial, or have been convicted of crimes. These assets encompass a range of facilities, including prisons, jails, detention centers, and penitentiaries, and are critical components of the criminal justice system.
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Class Relationships

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Additional Information

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Deprecated
False

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