Definition of "Lessor"
Owner of real property who gives another the right to use it in return for rental payments. The three types of leases for the lessor are the direct financing lease, the sales-type lease, and the operating lease.
Popular Real Estate Terms
A situation that occurs when borrowed funds cost more than they produce. ...
Same as term graduated lease: A rental stipulation a varying rental rate. Rental rate are determined tied to periodic appraisals or an inflation or an inflation index. The provision is more ...
Land and any existing tenements that are part of a conveyance. For example, upon closing a real estate sale. The seller deeds the premises to the purchaser. ...
Ownership of a real estate in which at least two or more individuals have equal ownership. If a member of the group dies, the property is transferred to the survivor (s), for example, a ...
The difference between the present value of cash inflows generated by real estate and the amount of the initial investment. The present value of future cash flows is computed using the cost ...
Court order to seize and sell property because of the nonpayment of taxes, or foreclosure of property. ...
Wedge-shaped step found on a spiral staircase with a wider tread on its outside portion. ...
The definition of gross sales price in real estate refers to the combined cost of a property or listing before subtracting the real estate agent’s commission, sales tax and other ...
It is an exterior decorative brick surface. The brick is not rendered. Painted, or plastered and is made various brick materials, including clay, to give a desired effect. ...
Comments for Lessor
How can I start real state business
Oct 14, 2020 22:50:02Hey, Vivek!
It is an admirable decision but not an easy one. Not much can be said in a few sentences here in the comment section since it is a vast subject. Just like anything, really, you start by planning. Real estate is a vast industry that covers many niches, and you need to figure out what you want to do, and if that particular thing works in the area targeted by your business. You need to do some market research beforehand, build your brand, and have an online presence. We also have an article that talks more in-depth about how you can manage your real estate business for success, so be sure to check it out. I hope this information was useful.
Oct 23, 2020 08:54:43Have a question or comment?
We're here to help.