Allocation Method


Definition of "Allocation method"

Approach used to allocate the price paid for two or more properties based on their fair market values.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Resident Manager

Supervisor of the operation of apartments while residing in one of the apartments. Some responsibil ...

Quid Pro Quo

Exchange, in insurance, of an adequate consideration (premium paid by an insured) for the promise of ...

Insuring Agreement

Section describing coverages under a policy. Elsewhere in the policy other sections may restrict or ...

Line Limit

Maximum amount of a specified type of insurance coverage, according to underwriting guidelines, that ...

Brownstone

Houses attached by either side of the same wall. ...

Market Price

Price at which the seller and the buyer agree to trade real estate on the open market. ...

Related Real Estate FAQ

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obli ...

What Are The Benefits Of Liability Insurance?

General Liability Coverage includes: Bodily Injury Liability Coverage: Help protect you in case ...

What Is A Default?

A default is when a person fails to make payments on a loan. ...

What If They No Longer Make My Specific Computer?

The insurance company will replace it with a model as close to it as possible in the current retail ...

What Is Hazard Insurance?

Hazard insurance is insurance coverage that compensates for physical damage to a property from natur ...

What Is A Convertible ARM?

A convertible ARM is an adjustable- rate mortgage (ARM) that can be converted into a fixed rate mort ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

7 Things to Consider Before Moving to a New City How to become a real estate agent Why Use a Real Estate Agent? Short Sale Homes Tax Breaks for the First Time Home Buyer

FAQ

How do I file an Insurance Claim? What is a fixed-rate mortgage? What are comparables or comps? What do I need to know about Watercraft Insurance? What is a closing?