loader image

Latest Posts

Real Estate Glossary

Acuity Spectrum

This refers to the range of care that covers the kinds of senior living. The acuity spectrum usually ranges from independent living and assisted living to memory care and nursing care.

Real Estate Glossary

Entity Investing

This refers to an investment in an entity that controls an investment rather than its underlying assets. Entity investing typically involves pooling funds from an investor or investors and providing them with professional...

Real Estate Glossary

Desktop GIS

This refers to a GIS software program that supports a broad diversity of queries, mapping capabilities, and functions for personal computer applications. It is geared toward descriptive analyses and visual presentation of...

Real Estate Glossary

Grantee

In a real estate transaction, this refers to the buyer of the property. On the other hand, in a sale transaction, the grantee is the one receiving the transfer of title through a deed from the grantor.

Real Estate Glossary

Body Corporate

Also known as an owners corporation, a body corporate is a group established by the owners of a piece of land which has been segmented into apartments, flats, or units. They are the ones responsible for managing and maintaining...

Real Estate Glossary

Capitalization Rate

This is the value of a property when its (NOI) net operating income is divided by its sales price or its current market value. It can be used to determine and value real property through the process of capitalization. It can also...

Real Estate Glossary

Effective Gross Income

This is calculated by adding the potential rental gross income and other income and subsequently subtracting the credit costs and vacancy of a property. Effective gross income establishes the value of a rental property and the...