Definition Of Delivery Basis In Real Estate

Definition of "Delivery basis"

Norma L. Rodriguez, PA <br> Broker Associate real estate agent

Norma L. Rodriguez, PA
Broker Associate, Real Estate Agent Berkshire Hathaway Florida Realty

Method of revenue recognition based on delivery instead of sale.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.

Popular Real Estate Terms

Loft Building

Building with large unpartitioned floors areas often used for storage. ...

Declaration Of Trust

Written acknowledgment by an individual holding title to property that it is being held in trust for another. ...

Section I And II (homeowner's Policy)

Sections of a homeowner policy. Section I relates to the home, contents, and accompanying structures. Section II provides comprehensive coverage for personal liability and the medical ...

Offset Statement

An occupant's expressed interest in property that is being rented. An example is a tenant who rents a house and expresses a desire to buy it after the lease expires. ...

Lien

A lien is a legal instrument by which one party – usually lenders and creditors - guarantees the obligation of a real estate owner to do something – generally repays the money. ...

For Rent By Owner (FRBO)

Wondering what For Rent By Owner (FRBO) means?It’s the more popular cousin of For Sale By Owner (FSBO). For Rent By Owner (FRBO) are really common; it’s the name we give to ...

Land Lease

A ground lease that includes only the cost of leasing the land for a period of years. Normally, a land lease is valid for an extended period of time anticipating that improvements will be ...

Overage

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 ...

Popular Real Estate Questions

What Is Gulf Shores, Alabama Known For?

The southernmost community of Alabama, Gulf Shores is a city located on the Gulf of Mexico with a population of about 11,400 people according to the 2017 census. With over 5 million ...

Why Is Ashburn VA The Center Of The Internet?

If you live in the United States and you regularly use the internet, there’s a good chance that you’ve sent data through the data hub in Ashburn VA. It is estimated that over ...

Is Gatlinburg Tennessee Safe?

When considering moving to a new city, it’s important to know as much as possible about that city before you make such a life-altering decision. You’ll have to do research, and ...

How Much Does It Cost To Live In Annapolis MD?

The capital of Maryland, Annapolis is one of Maryland’s most beautiful and scenic cities in the country. The city of Annapolis, MD has a population of about 40,000 people with a ...

What Is The Median Income In Washington DC?

The capital of the nation. The home of the three branches of government. With Virginia and Maryland framing its borders, the city of Washington D.C. is home to over 700,000 people. With a ...

Is Cape Coral A Good Investment?

The answer to this question depends on what kind of investment you are referring to. The city of Cape Coral, FL was the original master-plan investment. It started out as the Rosen ...

What Is The Difference Between Being Prequalified And Preapproved For A Loan?

Are you wondering what is the difference between being prequalified and preapproved for a loan? Do you always get confused because they seem pretty much the same thing, right? But there is ...

What Is Cary North Carolina Known For?

Cary is a town located in the heart of the Triangle Region in North Carolina, and it holds a population of about 170,000 people. The small city has experienced continuous growth over the ...