Rule Of 72 And Rule Of 69
Definition of "Rule of 72 and rule of 69"
Rule of thumb approach used to determine how long it takes to double an investment in real estate. Under this approach, dividing the number 72 by the fixed rate of return equals the number of years it requires for annual earnings from the real estate investment to double.
Popular Real Estate Terms
When a person dies, a distribution of their estate takes place. The estate’s distribution is done through deeds depending on whether or not the deceased left a will. Two types of ...
Rules regarding day-to-day use of the premises. ...
The tenant is forced to leave the premises if he complains about the poor condition of the apartment or office space he has leased. This type of eviction is illegal in many states. ...
Interest rate on a mortgage that moves up or down based on some variable such as an index of lender's cost of funds, inflation rate, or prime rate. ...
A relationship with a person, thing, or item that is the foundation of an insurance policy. One having an insurable interest has a financial stake in preserving the insured person or ...
A reduction in structural value from all reasons except physical failure. For example, a commercial building having an outdated elevator or electrical wiring system is experiencing ...
Bottom frame of wood supporting a window. It should be strong in order to support something put in the window such as an air conditioner. ...
Building more than six stories high serviced by elevators. ...
Lines determined by a government rectangular survey laying out a standard six-mile square area of land. ...
Have a question or comment?
We're here to help.