loader image

Latest Posts

Real Estate Glossary

Building Classifications

This is a marketing term referring to the classification of properties as Class A, Class B, Class C, and Class D. The rating given to a certain building is usually subjective. Newer buildings with higher-level construction and...

Real Estate Glossary

Cross-collateralization

This is the function of grouping properties or mortgages that secure one debt obligation. In the event that the debtor is not able to deal with a set of scheduled repayments for the loan on time, the lender has the power to force...

Real Estate Glossary

Condemnation

Under the right of eminent domain, this refers to the procedure of taking private property by a government agency to turn into public use. It is usually taken without the consent of the owner. However, the government must...

Real Estate Glossary

Cash-on-cash yield

This is a calculation that can be utilized to estimate the return from an asset that generates income. Expressed in percentage, it is calculated by dividing the annual cash flow after debt of service by the invested equity.

Real Estate Glossary

Functional Feasibility

This refers to deliberation made during the selection process of a site that aids with the evaluation of its potential. It is determined in the following terms: practicality of the property, the best site for specified use, or...

Real Estate Glossary

Building Core

This is the main or arterial part of a building that has multiple stories but also provides functions and services needed by current occupants. It has to do with areas that are composed of toilet facilities, utilities, janitorial...

Real Estate Glossary

Appreciation return

This is the return generated by the change in the value of an asset or a property over a specific period. It is generally expressed as a percentage and is measured by appraisals and sales of assets.

Real Estate Glossary

Bond

This is a type of financial instrument used to raise capital by borrowing. Bonds are typically issued for more than one year. Cities, states, corporations, the federal government, and other types of institutions are bodies that...