Master Limited Partnership (MLP)
Unincorporated combination (roll-up) of limited partnerships in a real estate together as a group. It is usually more comprehensive, financially sound, and marketable than individual partnerships. Shares in the MLP are typically traded on the major stock exchanges. By being unincorporated, double taxation is avoided.
Popular Real Estate Terms
A two-by-four used for wall resilience and partitioning. Studs rest on it. ...
The tenant is forced to leave the premises if he complains about the poor condition of the apartment or office space he has leased. This type of eviction is illegal in many states. ...
Refers to state statues protecting the public against securities frauds of real estate companies. ...
The construction of a highway right way over a privately held parcel of land. Property owners are entitled to compensation for the value of the property usurped by a highway easement. See ...
Precalculated tables providing the present values of $1 or an annuity of $1 for different time periods and at different discount rates. ...
A right or interest in property held by a third party, which often limits the use and diminishes the value of the property, but usually does not prevent the transferring of title. The more ...
Location Analysis is the appraisal of a general geographic area for a particular use. A Residential Real Estate Market professional (or consumer) rarely deals with a Location Analysis ...
Property tax that varies in rate depending on the zoning classification (use) of the property. ...
Latin for at first sight. Facts assumed to be true unless subsequent evidence disproves it. ...
Have a question or comment?
We're here to help.