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Real Estate Glossary

Constructive Notice

In real estate, this refers to a notice that is given to the public by the recording of documents with a public official about interests and rights in real estate. Members of the public are expected to know about those documents...

Real Estate Glossary

Dead Storage

This refers to the safekeeping or holding of warehouse goods or other kinds of depositories. Those items or goods will then wait for the occurrence of some future event or contingency that will call for their removal.

Real Estate Glossary

Force Majeure

This is a clause included in a contract indicating there are forces that parties have no control over. These parties are safe from having to comply with the provisions of the contract should those forces occur. They include acts...

Real Estate Glossary

Expansion

This is a phase in the cycle of real estate and business indicated by the short-term increase in the supply of available units in a given market that may be due to economic growth or increasing construction activity. It is a...

Real Estate Glossary

Holding period

This is the amount of time an investor expects to own a particular property from purchase to sale. During the holding period, a specific asset is usually held by an individual entity or investor. The period is what normally...