Nonperformance

The floor space in a building that is actually under lease. Net leasable area is all the leasable area of a building exclusive of none leasable space such as hallways, building foyers, ...

A scholar second mortgage definition would go something like: a loan with a second-priority claim against a property in the event that the borrower defaults. But that’s too stiff, ...

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When an Appraisal is done, its ultimate goal is to define a Market Value for that property. So, in short, market value is the value of a real estate property in a free competitive ...

Width of a stair. ...

Same as term time sharing: Segregation of ownership in real estate property over a stated time period. An example is a co-owned vacation apartment, used by co-owners for one month each. ...

Provision in a lease agreement indicating the maximum amount of operating expenditures that must be incurred by the landlord in a given year. Any amount incurred in excess of this amount ...

The definition of cost of living is the amount of money you need to have in order to sustain a certain lifestyle. The cost of living refers to the amount of money you spend on housing, ...

Any move is stressful, no doubt about it. And it can put a lot of pressure on you, even financially. Like everybody else, you have a few expensive items that you want to make sure that ...

With an excellent job market, an attractively low median housing cost, and an exceptionally low cost of housing, there is no doubt that the city of Jacksonville is a great place to live. ...

The city capital of Washington D.C. is famous for … well … for being the capital of the United States of America. That is probably the first thing that people think about when ...

I looked at a property yesterday with a REALTOR® who seems to be clueless.  I am really interested in purchasing the property, though. Can I switch agents and still make the ...

Relocating is a big step forward for many of us, and deciding where you will spend a good amount of your life is not an easy decision to make. There are many factors that come into play ...

Located on the East Coast of Florida you will find a city that has been nicknamed “the quieter side of Florida”. That city is Palm Coast, FL. The name itself paints a picture of ...

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or seller pays interest costs in order to ...

If you’ve ever been in a middle-American suburb, chances are you’ve seen an open house. With a sign standing proud in the front yard, these homes are opened for any and all ...