Management Fee
- A charge based on the asset value of a real estate security portfolio to manage it. For an open-end mutual fond, the management charge is included in the selling cost of the security. For an investment adviser or bank trust department, the management charge is typically a percentage of the net asset value.
- In real estate, a fee to maintain property, collect rent, and keep the records.
Popular Real Estate Terms
One-story house with a low pitched roof often having an open floor plan. ...
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Investment companies investing in investment instruments including real estate. Mutual funds are popular to investors and represent equity in a professionally managed portfolio of ...
Major city in a metropolitan area. ...
The definition of obligee is the person to whom a debt or obligation is owed. An obligee is one party of a contract to who the other party, the obligor, is obligated. An obligee is also the ...
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(1) An arrangement to buy real estate at a specified price and conditions. The failure to honor the commitment may result in damages. (2) Bank commitment to lend money in connection with ...
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Also called triple net lease. The lessee pays not only a fixed rental charge but also expenses on the tented property, including maintenance. ...
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