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Real Estate Glossary

Egress / Ingress

Egress refers to the act of exiting and ingress refers to the act of entering. Egress / ingress is the right to enter and exit a particular property. In real estate law, the terms are related to the use of an easement.

Real Estate Glossary

Debt-Coverage Ration (DCR)

This is the ratio that measures a firm's available cash flow to pay its current debt obligations. The DCR shows whether or not a company has enough money to pay its debts, which proves useful for investors. To calculate the DCR...

Real Estate Glossary

B-Piece Buyer

This is a type of investor who generally purchases B-rated or BBB-rated bond classes with the unrated class. The lower bond class at any given point is evaluated to be the controlling class or the directing certificate holder.

Real Estate Glossary

Discount Rate

This is the rate that is utilized to convert future cash flows into present value in a discounted cash flow (DCF) model. It is composed of four factors: the long-term and risk-free rate; the risk premium associated with...

Real Estate Glossary

Cooperative sale

This refers to a sale of property wherein the buyer is brought to the sales transaction by a real estate agent working for a separate real estate broker other than the listing agent. This means that both brokers or companies have...

Real Estate Glossary

Blind pool

A blind pool is a limited partnership scheme that does not specify or enumerate an investment goal for the funds raised from investors. However, it may have broad goals such as income or growth or a certain focus on a particular...

Real Estate Glossary

Dynamic System

This is a dynamic, complex, and evolving set of diverse and interrelated agents and entities assembled into a systematic totality. A dynamic system severs multiple and/or common objectives and purposes.