Definition of "Illiquid"
Unable to sell an investment to obtain cash in the short-term without incurring A significant loss. Real Estate is typically not liquid because of the inability to sell property to raise cash quickly.
Popular Real Estate Terms
An easement granted to a public utility. ...
'Disputable' presumption that is subject to rebuttal based on evidence. However, the presumption prevails until it is rebutted. ...
(1) Cash revenue from product sales or services rendered less cash expenses. It is different from accrual earnings. (2) The money available after deducting operating expenses and mortgage ...
Certificates that pass-through principal and interest payments to investors. ...
Increase in the value of property arising from holding it. The gain is realized only when the property is sold at which time it is taxable. An example is the increase in the appraised value ...
Square footage of space a parcel of land has. ...
Structure have two dwelling units under the same roof. Two-story apartment unit. ...
Items of real and personal property that usually have a long life, such as housing and other real estate. ...
Distance from the location of natural ground and water to the actual ground level. ...
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