Rental due on the leased property is formulated as a percentage of sales volume. There is typically a minimum rental specified. An example is a retail store that pays rental based on its dollar sales.
A tenancy in which no written lease is involved, rent being paid monthly. It can be renewed for each succeeding month or terminated at the option of either party with sufficient notice. ...
Unfortunately, we encounter false advertising daily. False advertising refers to deceptive or misleading ads and commercials that fail to showcase a product’s or service’s ...
Method pf determining the geographic extent of a market for a given commercial property. This will determine the suitability of locating a specific commercial property in a certain area. ...
The term agricultural property means a type of land that has been designed or is permitted to engage in agricultural activities. Also referred to as agricultural land, agricultural ...
Contract to act on the behalf of a principal in selling real estate. The principal agrees to pay a commission to the broker when a buyer is produced who is ready, willing, and able to meet ...
The term proxy comes from the power of attorney by which the holder of stockholders in a real estate company transfers voting rights to another stockholder. A proxy fight may arise in which ...
All the REALTORS® in Scottsdale are aware of the hot real estate market they are working in. With a median house price of $478,200, anything that comes on the market below this price ...
When we look at home equity, we instantly think of home equity loans or home equity lines of credit. There is a reason for that, and we’ll get to it in a bit. Firstly, however, ...
Developed by a successful management consultant in the ‘60s named Albert S. Humphery, the SWOT analysis is still in use today at management level. It starts with a goal in mind, a ...
An acre is a measuring unit used only for land measurements in the imperial system. The most common form in which an acre is measured, however, in a rectangle of 660 feet by 66 feet or, 1 ...
If you’re thinking of moving to Estero FL, we don’t blame you. We’ve all been there! As a classy beach town with a long list of practical attributes that make it an ...
Safety is the number one concern for many people who are browsing the housing market searching for a new home. Big cities in the US provide their residents with their desired lifestyle, but ...
The city of Bowie, Maryland is today the largest municipality in Prince George’s County and it all started with a small railroad stop. With a population of about 60,000 people, ...
For families with children, there are a lot of important things to look for when seeking a city to call home. If you’re thinking of moving to the city of Houston, you’ll no ...
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