Percentage lease is a kind of lease in which the lessee pays a base lease plus a portion of profits generated from any service carried out in the very same rental premise. Read 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 kind of lease in which the lessee pays a base lease plus a percentage of profits generated from any service done in the exact same rental premise. Find out more


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Real Estate Investment Trust (REITs)

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Affordable HousingAffordable housing refers to housing units that are affordable by that section of society whose earnings is listed below the average home income. Description: Though various nations have different definitions for economical housing, however it is largely the very same, i.e. affordable housing must attend to the housing needs of the lower or middle income homes. Affordable housing becomes an essential issue e

Agreement Of SaleAn agreement of sale constitutes the terms and conditions of sale of a residential or commercial property by the seller to the purchaser. These terms include the amount at which it is to be offered and the future date of complete payment.Description: Being an important document in the sale deal, it enables the process of sale to go through with no difficulties. All the terms and conditions consisted of in the agreeme

Automated Underwriting: This is a loan underwriting decision that is absolutely computer-generated. Description: It is irrational to anticipate zero mistakes from human beings. Whenever a financial institution gets loan application, processing it and taking the correct decision regarding its sanction are quite time consuming and prone to human errors. On the other hand, automated underwriting includes screening of loan applic
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Balloon Mortgage: A balloon mortgage is a financing system where the payments are not totally amortized over the term of the loan. Sometimes the requires to pay only the interest on the loan. As the loan is not fully amortized, the debtor requires to pay a large amount of cash at maturity, in some cases the complete principal, in order to close the loan. As the closure amount is frequently big, this is called ballo


Base RentBase lease is the minimum lease that applies in a rented residential or commercial property and payable to the property manager. This lease goes through modification from time to time.Description: Normally the base rate escalation of the residential or commercial property is calculated on an annual basis. The escalations are performed in accordance with the terms and conditions of the lease agreement.Check out: Direct To Home Definition, Non Tax Revenue Defi

Bridge LoanBridge loan is a kind of gap financing plan wherein the customer can get access to short-term loans for meeting short-term liquidity requirements.Description: Swing loan help in bridging the gap between short-term money requirements and long-term loans. These loans are normally extended for a duration of 12 months. These loans are supplied at inflated interest rate and are usually back
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Broker is the definition of a broker?A broker is a person or business who works as a go-between for just a client and a stock market. Personal traders and financiers make use of the support of exchange members given that stock markets can not accept orders from individuals or organizations that are members of the exchange.Brokers will supply service and are paid in a range of techniques, including commissions, charges,

Bungalowngalow?A cottage is a glamorous, modern, and mainly a single-storied building. There may be upliftment in the floor crafted into a sloped roofing system sometimes. Bungalows came from due to the requirement of contemporary homes, which the working-class people could easily afford.Bungalows are of lots of types, generally consisting of a single story. An additional half story with a sloped roofing might be consisted of in


Capital LeaseCapital lease is a lease arrangement in which the lessor accepts transfer the ownership rights to the lessee after the conclusion of the lease duration. Capital or finance leases are long term and non cancellable in nature. Description: In a capital lease, the lessor transfers the ownership rights of the possession to the lessee at the end of the lease term. The lease agreement gives the lessee a bargai

Capitalization RateCapitalization rate, typically called cap rate, is a rate that helps in evaluating a property investment.Cap rate = Net operating earnings/ Current market value (Prices) of the assetDescription: Capitalization rate shows the potential rate of return on the property financial investment. The greater the capitalization rate, the much better it is for the financier. Net operating income, one of the metrics


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