Income Stream
Cash earnings generated from a real estate investment or property. Cash earnings equals cash revenue less cash expense. The cash earnings may or may not be discounted to its present value by using a present value of $1 table depending on the user's needs and perspective. An example is a prospective buyer of an apartment house or office building who estimates the cash earnings to be generated by considering cash rentals to be received and cash expenses associated with the rental property. In so doing, the prospective owner can estimate what price to pay for the property.
Popular Real Estate Terms
The term collusion may make you think about colluding from the start, and you wouldn’t be far from the truth. The definition of collusion is a secret, non-competitive, and, at times, ...
Request of a local government's planning body to alter the zoning requirements based on a justifiable reason. ...
An interest in property with the right o possession being postponed into the future until a certain even occurs. There are several possibilities where a future interest in property could ...
Tax deduction permitted upon the transfer of property from one spouse to another. The deduction is allowed under the federal gift tax for lifetime transfers or under the federal estate tax ...
Receipt given for a partial payment made on the sale of property. It shows the buyer has made a down payment. ...
Obtaining money and/or property from a deceased person whether by will or not. ...
Situation in which an owner of property sells the property to an investor and then leases the property back, usually for a 20- or 30- year term. ...
A contract not in writing. Oral contracts are legally enforceable except for those applicable to the sale of real estate. ...
Structure that has the same blue print and design as all the other homes in a given development; the opposite of custom built. ...
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