Contingent Rentals
Definition of "Contingent rentals"
Lease payments based on factors other than the passage of time.
Popular Real Estate Terms
Road or highway acting as a frontage boundary. ...
The willingness of a lender to give a mortgage to a mortgagor. A mortgage commitment will give a time period the mortgage will be given and an indication of the interest rate to be charged ...
Property that is unoccupied and thus not being used. It is usually raw land with no structure or improvements theron. ...
Present worth of the property which is different than the price paid for it or its book value (cost less accumulated depreciation). The current value may be determined through appraisal. ...
See savings and loan association. ...
Oral defamation of the character or reputation of another. It is the basis for a lawsuit. ...
Time it takes to drive to an outlying area form a major urban area. The driving time radius can radically affect real estate values in outlying areas of major metropolitan regions. Unless ...
The term developer’s profit is the actual profit generated by a developer’s project after the costs of the development have been covered. This profit can come from the sale of ...
The meaning of the term tort outlines a wrongful act resulting in injury or damages. For example, trespassing on someone’s private property can end up destroying a part of it. ...
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