Business Cycle
Regular pattern of expansion (recovery) and contraction (recession) in total economic activity surrounding a growth trend, including the impact of economic variables such as employment and inflation. At the peak of the cycle, economic activity is high compared to trend, but at the trough (valley) of the cycle, the low point in economic activity is reached. The business cycle influences corporate earnings, cash flow, and expansion.
Popular Real Estate Terms
The substitution of one person or business for another when the substituted person or business has the same rights and obligations as the original party. An insurance company can surogate ...
(1) Methods that involve discounting the future cash flows generated by an income property. These techniques are used primarily for valuation. (2) Methods of selecting and ranking ...
Tax-free exchange that allows a seller two years after escrow closes on his former principal personal residence to buy like-kind property and defer taxes. Profits from the sale of a ...
Title granted to those having expertise in valuing homes by the American Institute of Real Estate Appraisers. ...
See historic structure. ...
An interest rate charged on a loan that exceeds the legal maximum interest rate within the state. It is illegal to do so. The maximum interest rate may depend on the type of lender and ...
An interest in property with the right o possession being postponed into the future until a certain even occurs. There are several possibilities where a future interest in property could ...
Highest bid to buy and the lowest offer to sell a parcel of real estate in a particular market at a specified time. ...
Residential or office structure adjacent to water such as a lake. Such property has a higher value because of the greater demand for it. ...
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