Residual Technique | Real Estate Glossary

Definition of "Residual technique"

Valuation method for land or improvements to property. It takes into account gross rentals less operating expenses.

Rate applied to risks with similar characteristics or to a specified class of risk. ...

Provision used to avoid duplication of coverage in other policies; to eliminate coverage for propert ...

In an adjustable rate mortgage (ARM), the maximum rate that can be charged during the mortgage peri ...

A fee that some lenders charge to accept an application. It may or may not cover other costs such as ...

Property pledged to obtain a loan or credit. ...

Transfer of property from a seller to a buyer. ...

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

You should definitely consider getting travel insurance when doing or bringing any of the following ...

An acre is an area of land equal to 43,560 square feet. For visuality purposes, an acre is most oft ...

A basic policy is a homeowners insurance policy that covers certain perils. ...

General Liability Coverage includes: Bodily Injury Liability Coverage: Help protect you in case ...

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