Income | Real Estate Glossary | Realestateagent.com

Definition of "Income"

Money earned or accrued during an accounting period that results in the increase in total assets.
Items such as rental income.
Revenues arising from the sales of real estate.
The excess of revenues over expenses and losses for an accounting period of a real estate business.

Contracts: Awarding a contract to the bidder for the property with the best offer. Lease: To le ...

Financial characteristics or standards that a potential investor is evaluated on to judge his or her ...

Obtaining money and/or property from a deceased person whether by will or not. ...

Option in a participating policy under which dividends are used to purchase fully paid-up units of w ...

Amount set up as a cushion against fluctuations in securities prices. ...

Relationship between individuals or entities whereby rights given to one are returned in kind to th ...

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If s ...

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you ...

Homeowners insurance is an insurance policy that combines personal liability insurance and hazard in ...

The process of finalizing all the dealing associated with the sale and purchase of a home. (Also kno ...

The textbook definition of a spec house is \"one built on a speculative basis, without an order on t ...

The insurance company will replace it with a model as close to it as possible in the current retail ...

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