Typically between 1 and 3 percent of the sale price, a breakup fee--also known as termination fee...
Author - Kevin Coulston
Fraud
This refers to a misstatement of a material fact made with the intent to defraud or created with...
Cold Shell
This refers to any rentable area or part of a building or property that comprises an unimproved and...
Caveat Emptor
Translated from Latin, this phrase reads, "Let the buyer beware." It is a reminder to buyers to...
Discounted Cash Flow
This is a toll in investment analysis that is often used by real estate professionals to make...
Hold/Sell Analysis
This is the process of analyzing whether or not to proceed with holding an income-producing real...
Duress
This is the act of forcing an individual or a business to do something against their will. It...
Hotel “Flag”
A hotel "flag" is an informal term that refers to an operating brand within the hotel industry...
implied warranty of habitability
This is a legal document that demands landlords to offer and sustain livable premises for their...
Federal Housing Administration
Also referred to as the FHA, this is a fully owned government corporation that was established to...