(1) Platform extending beyond (external to) the regular apartment or premises and enclosed by a railing. It is a desirable feature to most tenants. (2) Highest floor in a theater. It is more difficult to see the show, but the tickets are cheaper.
The abstraction method is a valuation procedure used to determine the land value relative to the total market value of the property. The abstraction approach is most often used when there ...
Land surveying measurement that is 16.5 feet in length, or 5 1/2 yards. A perch is also called a rod or a pole. Today the term perch is seldom used. It is found in old deeds, surveys, and ...
A mortgage collaterized by a tenant's interest, usually structural improvements, in a leased parcel of property. A leasehold mortgage is subordinate to the landlord's land lease since it is ...
Also called profit and loss statement. A financial statement depicting a business entity's operating performance and reports the components of net income, including sales of real estate, ...
A lien against all of the property of a debtor. A general lien may be obtained either through a judgment lien, where the court issues a judgment, a lien by creditors on a state, or through ...
Legal action under eminent domain where the government takes ownership of privately held real estate for public use (parks or schools for example) irrespective of the owners wishes. The ...
The city of Alexandria, VA, is located south of Arlington, VA, and across the Potomac River from Washington D.C. That location brings along with it great expectations from the Alexandria ...
Gatlinburg is a charming little mountain resort town in Sevier County, Tennessee. According to the 2021 census, Gatlinburg has a population of about 3,800 souls. Yet, we can not help but ...
A very common real estate question is:Do Tiny Houses depreciate?Short answer is: yes, tiny houses do depreciate. But let’s explain the “why”s so we get to the bottom of ...
Hey, don’t feel ashamed for not knowing what is the difference between a real estate broker and a real estate agent. This is truly one of the most common real estate confusions out ...
Sarasota FL is a beautiful city located in southwest Florida, on the beautiful coastline of the Gulf of Mexico. You might be asking yourself what is so special about this city or what is ...
Naples, Florida is a city that holds a population of about 22,000 people and it is one of the wealthiest coastline cities in the country. The beautiful sugar-white sand that covers the ...
A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance) to your monthly gross income. Lenders use this ratio to qualify you for a loan. ...
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