Tax Participation

Definition of "Tax participation"

Debra Rasala

Debra Rasala Realty Executives Premier

Standard portion of a lease which indicates that in the event of an increase in annual assessed real estate taxes during the lease term, the lessee will be responsible for higher monthly payments to cover the increase.

Have a question or comment? We're here to help.

Search Real Estate Terms

Popular Real Estate Terms

Tax Return

generic name of the form used to file taxes payable to a federal, state, or local government. The tax return includes items such as gross income, dedu ...

Quotation

Highest bid to buy and the lowest offer to sell a parcel of real estate in a particular market at a specified time. ...

Tie Beam

Concrete or timber beam that serves as a support in the wall structure of a building. Concrete tie beams are often reinforced with steel rods. ...

Estover

Right of tenant to make use of a property's wood or food producing capacity to provide for his or her own necessities. ...

Air Rights

Rights to the use of open air space over property. ...

Contract For Deed

Method of selling and obtains possession, but the seller retains the title. ...

Popular Real Estate FAQ

What Is A Down Payment?

A down payment is the money you pay up front for the purchase of a home. ...

What Does Preapproved Mean?

When you are preapproved, you have a definite commitment from a lender ...

What Is An Overall Debt Ratio?

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders us ...

What Is A Buyer’s Agent?

An agent hired by buyers to help them find and negotiate the purchase of a home. This agent works for the best interests of the buyers, not the seller ...

What Is A Term?

A term is the length of a loan. ...

What Is A Multiple Listing Service (MLS)?

A multiple listing service is a computerized listing of the homes for sale in an area listed with a realtor. Agents are granted access to the MLS and ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

When to Dispute Your Home Appraisal Spring Real Estate Marketing Strategies: Are You Ready to Bloom? Home Prices - The Extra Costs An Agent’s Guide on How to Plan the Perfect Open House What do Real Estate Attorneys do?

FAQ

What is a basic policy? What is Long Term Care Insurance? What is a mortgage banker? What is a lifetime rate cap? What do I need to know about Auto Insurance?