Commercial Real Estate

Definition of "Commercial real estate"

Real property usable in a trade or business. Such as, the property on a which retail store, hotel, or office building are located.

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Related Real Estate Glossary terms

No-fault Automobile Insurance

Type of coverage in which an insured's own policy provides indemnity for bodily injury and/or proper ...

Experience

Record of losses, whether or not insured. This record is used in predicting future losses and in dev ...

Generic Prices

Prices that assume a more or less standardized set of transaction characteristics that generally com ...

Foreclosure

The legal process by which a lender acquires possession of the property securing a mortgage loan wh ...

Covenant Not To Complete

Legal agreement not to perform an activity similar to that performed by another individual or busine ...

Partial Taking

Purchase of part of property or property rights when condemnation takes place. The owner must be jus ...

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Earnest money is a deposit you make when you make an offer on a house. ...

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Every person has a different idea of what financial security means. If so, should happen to you, how ...

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FAQ

What does an appraisal mean? Why should I use a real estate agent? Is depreciation common? What is the difference between being prequalified and preapproved for a loan? What are basis points?