Reappraisal Lease
lease computed as a percentage of the underlying appraised property value. Under the terms of a reappraisal lease, the rent is periodically adjusted using an independent appraisal of the property. For example, a commercial reappraisal lease provides that the rental terms can be adjusted every three years based on an independent property appraisal.
Popular Real Estate Terms
Individual having permission to act ob behalf of a bank or other financial institution in a specified locality to attract interest borrowers. ...
Agreement by a lender to loan money to suitable borrowers within a given time period but without identifying those borrowers. ...
Written statements about a person or business that are malicious, unfounded, and damaging. It is the basis for legal action. ...
Return before taxes on the capital invested in real estate property. ...
Exposure can have various meanings in real estate and insurance, depending on the context. Let’s have a thorough look at these scenarios! Exposure as property’s ...
Something that is of good value for the money and an attractive deal. ...
Judicially determined minimum selling price for auctioned property. For example, a judge rules that a foreclosed home may be sold for less than $200,000, ...
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Used when determining the worth of an annuity that reinvests the amount of recaptured investment at a risk-free interest rate. ...
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