Suitability Standards
Definition of "Suitability standards"
Financial characteristics or standards that a potential investor is evaluated on to judge his or her suitability for a particular investment program. For example, to determine whether a particular large scale investment program in apartment buildings is appropriate for an investor, an individual's net worth, liquidity, knowledge of the real estate industry, outstanding debt, overall financial sophistication, and other attributes will all be considered and evaluated.
Popular Real Estate Terms
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Survey of the maintenance requirements for a commercial or industrial rental property for the purpose of preparing a management agreement. ...
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Written agreement between two or more parties to extend the terms of a document. ...
A notary public's guaranteeing the authenticity of a signature. ...
When you hear someone mentioning aesthetic value in connection with real estate, that person is using aesthetic value as a way to point price appreciation added to the property because of ...
A right or portion of property reserved to the grantor in a conveyance by deed. Waiver of a requirement in a lease agreement such as the landlord allowing an old tenant to have a cat or a ...
Fixed interest rate loan in which the payments are made every two weeks, but the payment is one half the amount of a regular monthly fixed-rate mortgage with the same amortization schedule. ...
In a principal gent transaction or contract where a third party knows the name of the principal the agent represents. This is a typical setting in real estate situations. In this ...
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