Here are some of the key terms you need to know.
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This information is provided without warranty of any kind. Properties are listed as majority independent living, majority assisted living, or endstream
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PROPERTY TYPE The building or buildings and grounds that house the residents, and common areas shared by the residents. xref
Instead of having to come up with a 20% down payment, a buyer Like any industry, the real estate business has its own language.
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Educate yourself on common terms used in commercial real estate transactions, leasing, sales and finance. 0000000016 00000 n
Share this page: Learn the Lingo: Real Estate Terms, Realtor Designations & Acronyms.
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Glossary of Real Estate Terms We hope you find this list of commercial real estate leasing terms helpful. 0
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A condition in a real estate financing instrument giving the lender the power to declare all sums owing lender immediately due and payable upon the happening of an event, such as sale of the property, or a delinquency in the repayment of the note. 0000017532 00000 n
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Commercial Real Estate Glossary of provided by LoopNet.com. %PDF-1.6
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ACCEPTANCE — The act of agreeing or consenting to the terms of an offer thereby establishing the 0000036534 00000 n
If you want to become a realtor, than these 497 real estate terms are for you. and protects consumers, has prepared this glossary to help you better understand the terms commonly used in the real estate and mortgage marketplace. Commercial real estate Any multifamily residential, office, industrial, or retail property that can be bought or sold in a real estate market. 0000035855 00000 n
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PAGE 1 A ABANDONMENT Failure to occupy and use property; may result in loss of rights. 0000026796 00000 n
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Annual Percentage Rate (APR): The cost of Appraisal: A professional analysis used a loan or other financing … h�QO�0ǿ�=���@�dY2T��"DM�
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Common area For lease purposes, the areas of a building (and its site) that are available for the non-exclusive use of all its tenants, such as lobbies, corridors, and parking lots. 1939 0 obj
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Use this dictionary as a study guide for the real estate agent exam. 0000036491 00000 n
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trailer
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REAL ESTATE TERMINOLOGY A Course Companion for Studying for The Real Estate Exam, for Real Estate Home Study Courses, for Real Estate Continuing Education Courses, for Real Estate Statutory Courses, and for Any Form of College Real Estate Course. Glossary of Real Estate Terms 80-10-10 A type of blended mortgage loan which avoids private mortgage insurance (PMI). GLOSSARY OF REAL ESTATE & FINANCIAL TERMS . (Real Estate H�|����0ྀ�A�-K�d%v��d��Ҵ���eik�(�a߾�5�bz�C��i$k�Q~:?�����g�lK���ݦ{�$:�>S�p�]�i���� 0000076251 00000 n
Properties in the NIC MAP database generally include at least 25 units/beds and are market rate. endstream
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It consists of an 80% - 30 year first lien at market rates, a 10% - 15 year second lien at a slightly higher interest rate, and a 10% down payment. 0000002112 00000 n
These terms are provided for your information only, with the warning that terms may have different meanings or 0000001671 00000 n
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Real Estate Glossary.
The Ultimate Real Estate Glossary: 497 real estate terms that every salesperson should know. 0000003806 00000 n
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