Metropolitan Area
Urbanized area in and around a major city. The metropolitan area may overlap county and state boundaries and may encompass a city, its suburbs, and the orbit of its social and economic influence. For example, the New York metropolitan area is the largest overlapping portion of the states of New Jersey and Connecticut as well as numerous counties and has more than 18 million people. The New York metropolitan area is followed in size by Los Angeles, Chicago, San Francisco, and Philadelphia.
Popular Real Estate Terms
Limited partnership in which limited partners rely on the general partner to choose specific properties after the funds are available. ...
Rate of return that is necessary to maintain market value of a real estate project. The cost of capital is used for project evaluation purposes. Under the net present value method, the cost ...
See common law. ...
Many homebuyers or real estate investors only think of mortgages when it comes to financial aid in real estate purchasing. Lately, with the increasing desire of homebuyers to not be ...
Rule within the Internal Revenue Code applicable to capital gains from selling real estate that has been depreciated for tax purposes. Most buildings must be depreciated using the ...
(1) Reconciling the records to show agreement. (2) Agreement of the records to physical amounts. ...
The broad use of credit to purchase a security. ...
A flexible price that may be adjusted. A resolved situation between two or people or parties through discussions in which common interests are modified. For example, real estate ...
Net return rate earned on an equity investment in real estate after deducing any interest costs and taxes. ...

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