What Is 'Residential or Commercial Property'.
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Percentage lease is a type of lease in which the lessee pays a base lease plus a portion of profits created from any business performed in the same rental property. Find out more

What is 'Residential or commercial property'

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PROPERTYWHAT IS PROPERTYPROPERTY TYPESPROPERTY DEFINITION
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Percentage lease Percentage lease is a type of lease in which the lessee pays a base rent plus a percentage of profits created from any company carried out in the same rental premise. Read More


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Real Estate Investment Trust (REITs)

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Affordable HousingAffordable housing refers to housing systems that are affordable by that section of society whose income is listed below the average home earnings. Description: Though different nations have various definitions for budget friendly housing, however it is mainly the exact same, i.e. affordable housing should address the housing requirements of the lower or middle income homes. Affordable housing becomes a key issue e

Agreement Of SaleAn arrangement of sale constitutes the conditions of sale of a residential or commercial property by the seller to the purchaser. These terms include the quantity at which it is to be sold and the future date of complete payment.Description: Being an essential file in the sale deal, it allows the procedure of sale to go through with no obstacles. All the terms and conditions included in the agreeme

Automated Underwriting: This is a loan underwriting decision that is totally computer-generated. Description: It is unreasonable to expect zero errors from people. Whenever a monetary organization receives loan application, processing it and taking the proper choice as to its sanction are rather time consuming and vulnerable to human errors. On the other hand, automated underwriting includes screening of loan applic

Balloon Mortgage: A balloon mortgage is a financing mechanism where the payments are not completely amortized over the regard to the loan. Sometimes the customer requires to pay just the interest on the loan. As the loan is not totally amortized, the debtor requires to pay a large amount of cash at maturity, in many cases the full principal, in order to close the loan. As the closure quantity is frequently large, this is called ballo


Base RentBase lease is the minimum lease that applies in a leased residential or commercial property and payable to the landlord. This lease is subjected to revision from time to time.Description: Normally the base rate escalation of the residential or commercial property is determined on a yearly basis. The escalations are performed in accordance with the conditions of the lease agreement.Check out: Direct To Home Definition, Non Tax Revenue Defi

Bridge LoanBridge loan is a kind of gap financing arrangement where the debtor can get access to short-term loans for meeting short-term liquidity requirements.Description: Swing loan assist in bridging the gap in between short-term money requirements and long-term loans. These loans are typically extended for a period of 12 months. These loans are offered at inflated rate of interest and are usually back

Broker is the definition of a broker?A broker is an individual or company who works as a go-between for just a client and a stock market. Personal traders and investors utilize the assistance of exchange members considering that stock exchange can decline orders from individuals or organizations that are members of the exchange.Brokers will offer service and are paid in a range of methods, consisting of commissions, fees,

Bungalowngalow?A cottage is an elegant, modern, and primarily a single-storied building. There might be upliftment in the flooring crafted into a sloped roof in many cases. Bungalows originated due to the necessity of contemporary houses, which the working-class people could easily afford.Bungalows are of many types, usually including a single story. An additional half story with a sloped roofing might be consisted of in


Capital LeaseCapital lease is a lease agreement in which the lessor consents to transfer the ownership rights to the lessee after the completion of the lease duration. Capital or finance leases are long term and non cancellable in nature. Description: In a capital lease, the lessor moves the ownership rights of the to the lessee at the end of the lease term. The lease agreement provides the lessee a bargai

Capitalization RateCapitalization rate, typically understood as cap rate, is a rate that assists in examining a genuine estate investment.Cap rate = Net operating income/ Current market price (Sales price) of the assetDescription: Capitalization rate reveals the possible rate of return on the property investment. The higher the capitalization rate, the better it is for the financier. Net operating earnings, among the metrics


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