This refers to properties that are utilized for the production, manufacturing, and distribution of goods.
Latest Posts
Boundary
Also referred to as property lines, boundaries are specific locations surrounding a piece of real estate that is the outlined edge of the owner's claim. These lines determine the location in which the homeowner owns the property...
Government National Mortgage Association (GNMA)
This is otherwise known as GNMA, and it is nicknamed Ginnie Mae. Created in 1968, the Government National Mortgage Association was created as a fully owned corporation within the Department of Housing and Urban Development (HUD)...
Certificate Of Occupancy (CO)
An official form issued by a local government or building department which outlines that a particular building or a leased premise that has recently been constructed or renovated is legally ready to be occupied. It states the...
Balloon Payment
This is a large final payment that is usually scheduled at the end of a series of smaller recurring payments. It may be included in the payment schedule for a lease, loan, or other streams of payments. Several states prohibit...
Environmental Impacts
These are the consequences of how land is used or activity that is done on the physical or social environment. They include emissions, waste disposal, and the usage of water and power.
Freddie Mac (FHLMC)
This is the informal company name for the Federal Home Loan Mortgage Corporation or FHLMC. It is a (GSE) United States government sponsored enterprise that acquires mortgages, merges them with other forms of loans, and sells the...
Cumulative discount rate
This is the interest rate that is used in finding present values that take into consideration all landlord lease concessions. It is typically expressed as a percentage of the base rent.
Agency
This refers to any legal relationship between a principal and an agent. In real estate, the principal is typically the seller, while the agent is the broker. In this kind of relationship, the principal assigns the agent the right...
Individual Retirement Account (IRA)
This is a type of retirement investment account where contributions and interest are tax-deferred until a certain age requirement is met. With it, an individual is able to contribute pre-tax dollars up to a certain amount yearly.
