Market Study


Definition of "Market study"

Study of real estate activities including demand, price, location influence, and current trends.

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Popular Real Estate Terms

Tenancy By The Entirety

Type of ownership by husband and wife, recognized in 27 states, in which the rights of the deceased spouse pass to the survivor. It is the same as joi ...

Straight Note

Loan agreement that generally requires payments of interest only over the term of the note. At the end of the term, the entire debt balance becomes pa ...

Credit Rating

Rating used by lenders and creditors to determine if a credit applicant should be granted credit. It depends on many factors such the applicant's job ...

Overriding Royalty

Percentage of royalties derived from an oil and gas lease payable to someone other than the property lessor. It is a net royalty interest in the oil a ...

Rule Of 72 And Rule Of 69

Rule of thumb approach used to determine how long it takes to double an investment in real estate. Under this approach, dividing the number 72 by the ...

Annul

To abolish, cancel, do away with, eliminate, invalidate, or make null and void. ...

Popular Real Estate FAQ

What Is Accession?

The right of a property owner to have and enjoy all of the advantages of property ownership including air right, mineral rights, riparian rights, and ...

What Are Prepayment Penalties?

A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off of the loan in the event that you inherit a small f ...

What Is A Loan Origination Fee?

A loan origination fee is a fee charged by the lender-usually 1 percent of the loan amount. ...

What Are Closing Costs?

Closing costs are expenses incurred by buyers and sellers in transferring ownership of a property. ...

What Is A Survey?

A survey is an examination of a property\'s boundaries to determine the quantity of land, location of improvements, and other information. Usually the ...

What Is A Title?

A title is the right of property ownership. ...

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