Economic Rent
Definition of "Economic rent"
The amount of rent a property could command in the open market. See also market rent.
Popular Real Estate Terms
Lumber of no more than 8 inches wide and 2 inches thick. ...
The act or removing or dispossessing or expulsion of an individual from a premise by force or law. ...
Limitation or prohibition such as on what a tenant in an apartment may not do. Local laws may also restrict certain actions such as failing to use the property for gambling purposes. ...
To upgrade a facility by installing up-to-date technology as well as introducing stylistic changes reflecting current patterns. Modernizing a facility can add substantially to its value and ...
Act of actual eviction or removal of a lessee from a property. The eviction may be either voluntarily through due process of law or involuntarily by force. This generally occurs when a ...
Houses attached by either side of the same wall. ...
One-story house with a low pitched roof often having an open floor plan. ...
The excess of total expenses over rental revenue for a real estate business. ...
Removal of land by the action of water. See also erosion. ...
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