Built-up Method

The definition of the price-to-rent ratio is very important for real estate investors. This ratio is a measurement for the affordability of a particular rental property and tells investors ...

Rental increment tied to sales or profit that is in addition to the flat rental fee. Assume a retail store in a mall is charged a base rental of $5,000 per month plus 2% of sales. If ...

Reduction in taxes payable to the IRS or local government. A tax credit is more beneficial to the taxpayer than an itemized deduction because it reduces taxes on a dollar-for-dollar basis. ...

One who acts as a witness and fives written testimony under oath. ...

Clause at the beginning of a legislative statute explaining its purpose. A preamble neither confers or increases powers contained within a statute and is therefore not an essential element ...

Amount of money that must be charged or invested in the initial stage of a business transaction to demonstrate good faith as well as to help offset some expenses. For example, the customary ...

Contractual provision requiring apportionment. ...

Amount required to payoff the full balance of the mortgage today. The amount equals the principal balance plus any prepayment penalty. ...

“What states allow tiny houses?” – that’s a very simple question that yields a very complicated answer.And that’s because: Building codes vary not only from ...

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders use this ratio-sometimes called the ...

Fort Myers is a city located in the southwest region of Florida. Also, the county seat of Lee County, Fort Myers holds a population of about 75,000 people. The city was named after Colonel ...

The city of San Antonio, Texas is one of the fastest-growing cities in the USA and for good reason. People come here because of the city's attractions, its historical heritage and the low ...

Considering how much the population has grown in Palm Coast over the last decade, the city on the East Coast of Florida seems to be a very sought out destination for many families as well ...

The city of Bowie, Maryland is today the largest municipality in Prince George’s County and it all started with a small railroad stop. With a population of about  60,000 people, ...

Fort Mill is a city located in York County, in the northern part of South Carolina. This city has a population of about 17,000 people and it is well-positioned in the proximity of Rock Hill ...

Having trouble deciding whether to spend your vacation in Pigeon Forge or Gatlinburg? Don’t worry, we’re here to help! Both are attractive vacation destinations, so we ...