Cryptic crossword clue
Renovated street around university — one might be in charge of all the property 7

The most common and most likely answer to this crossword clue is the 7 letter word TRUSTEE

I've seen this crossword clue in The Daily Telegraph
T
R
U
S
T
E
E


Buddy explains!

The straight part
We know that "one might be in charge of all the property" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case one might be in charge of all the property = trustee.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does TRUSTEE mean?

TRUSTEE noun
  1. A person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals, or for public uses; one who is intrusted with property for the benefit of another.
  2. A person in whose hands the effects of another are attached in a trustee process.
TRUSTEE verb
  1. To commit (property) to the care of a trustee.
  2. To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor.

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