Individual paying a rental fee to the lessor for the right to use real property. The two methods used to account for leases by the lessee are the capital lease and the operating lease.
Popular Real Estate Terms
The term ancillary in relation to the real estate industry can serve various purposes. As the ancillary definition describes something that works in a supporting or supplementary role for ...
A clause that may be inserted in a listing agreement stating no commission will be paid to the broker until the property title has actually been transferred. Normally, willing and able ...
Accelerated method in which a fixed percentage factor of two times the straight-line rate is multiplied each year by the declining balance of the fixed assets book value. ...
Dry ravine formed by water runoff. ...
Also called profit and loss statement. A financial statement depicting a business entity's operating performance and reports the components of net income, including sales of real estate, ...
Generally speaking, the meaning of warehousing refers to the act of storing assets and keeping a physical inventory expecting a sale or distribution of goods at a later date. Warehousing is ...
Same as term loan origination fee: The lender's charge to the borrower for administrative work when preparing the mortgage including credit checks, appraisal, and title expenses. For ...
part of the Department of Housing and Urban Development (HUD), which sees that complete disclosures are made for land sales. ...
Initial user of real estate property, such as the first tenant in a newly constructed apartment building or office building ...
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