This is the action of regaining the possession of a real property. When there is no relationship whatsoever between the landlord and a tenant, this can be used as a last-ditch effort.
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Central Business District (CBD)
This refers to the center of commercial and business activity in a particular city. It can also be called the city's financial district or downtown.
Current yield
This refers to an investment's annual cash flow divided by the current market price of the security. Current yield measures the current price of a certain bond as compared to just looking at it at face value. It shows the return...
Direct Vacant Space
This refers to inventory that is currently unoccupied. Subtenant space is excluded from the calculation.
Annual membership
Charged regardless of whether or not you make use of the line, an annual membership is the amount that is charged yearly for possessing a line of credit available.
Currency Hedge
This is the act of securing a contract to protect against variation in legal tender that will make a significant impact on an international investment property prior to closing. It also refers to the property's local currency and...
Industrial-Condo
This is a multi-unit industrial building wherein the possession of units is typically held by individual unit holders. With this type of industrial building, one or more units can be entered for sale.
Ceiling
In terms of an adjustable-rate mortgage, the ceiling is the maximum allowable interest rate over the life of the loan.
Current-Pay Interest
This is the interest that is paid monthly on the outstanding principal balance of the loan accruing at the current pay interest rate.
For Sale By Owner (FSBO)
This is a method of selling property in which an individual homeowner is attempting to sell their property without the aid and guidance of a real estate broker or agent. In this type of property selling, the seller usually...
