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
Measure of land representing one square mile. A section equals 640 acres. ...
Generally, a turnaround means a performance improvement. The term applies to various economic fields and real estate too. What does turnaround mean? After a prolonged recession, a ...
Precalculated tables providing the present values of $1 or an annuity of $1 for different time periods and at different discount rates. ...
Degree of completion or accomplishment such as a home that is 70% completed. Condition of real property. Position of an item. Legal standing such as of a case. ...
An individual appointed by a court to manage the affairs and property of a legally incompetent party. The conservator has full decision-making authority over the affairs of the property in ...
Administering and directing the activities of a real estate brokerage firm to assure they are in compliance with regulations and policies. ...
Single-family dwelling attached to other units by common walls. ...
Financial standing of a debtor as a basis to pay obligations. ...
A property manager is either a person or a company that supervises real estate units’ daily operations. They can either manage individual units or entire buildings, both residential ...
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