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
Market price pf all the property prior to a condemnation proceeding. ...
(1) Right to engage in and earn from a particular activity in return for services or for a particular use. (2) Reduced price used as an incentive. (3) Permission or right, granted by a ...
Type of a real estate investment trust whose investment money is used for the purchase of a portfolio of specific properties to be managed in order to generate investment return through ...
Rainwater pipe attached to a roof gutter channeling the run off down and away form the building. ...
Lender's written assurance that the borrower has fully paid the obligation. The borrower may then show this instrument to interested parties. ...
Maximum loan that can be borrowed by a potential debtor. A ceiling loan represents the topmost credit that can be extended. ...
Favorable occurrence providing a good chance for success, usually in financial terms. ...
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A lease requiring tenants to pay all utilities, insurance, taxes, and maintenance costs. ...
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