Definition of "J factor"
Factor employed by real estate agents or appraisers to determine the change needed in operating income to obtain a desired rate of return. It is used to evaluate income-producing property. The factor is determined after considering the location of the property, rental, similar properties, and cost of maintaining.
Popular Real Estate Terms
To leave property. An example is a tenant who moves from the apartment and takes all her possessions at the termination of the rental period. If a tenant leaves before the lease expires, ...
Valuing real property based on the expected cost to buy property of identical value. The replacement cost to build a structure should be based on current prices. The appraisal should ...
Distribution of population over a given area of land. ...
Property held by an individual, such as furniture. ...
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Unroofed, paved area built adjacent to an apartment building or residence. ...
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