Income Stream
Cash earnings generated from a real estate investment or property. Cash earnings equals cash revenue less cash expense. The cash earnings may or may not be discounted to its present value by using a present value of $1 table depending on the user's needs and perspective. An example is a prospective buyer of an apartment house or office building who estimates the cash earnings to be generated by considering cash rentals to be received and cash expenses associated with the rental property. In so doing, the prospective owner can estimate what price to pay for the property.
Popular Real Estate Terms
'Disputable' presumption that is subject to rebuttal based on evidence. However, the presumption prevails until it is rebutted. ...
Retail businesses next to each other with common walls on each side and the same roof. ...
Appraisal approach where property values are estimated by comparing current comparable sales. See also market approach. ...
Property to be used by a retail business in the sale of merchandise or rendering of services. An example of retail property is a store. ...
An agreement allowing occupancy of a premises for a stated period of time provided certain terms are met. A limited occupancy agreement is most frequently used when a prospective buyer is ...
Legal proceeding to exercise a right in a disagreement between private individuals or businesses. One party seeks a remedy against the other. It does not involve a criminal situation. ...
In an adjustable rate mortgage (ARM), the maximum rate that can be charged during the mortgage period. For example, John obtained an $80,000 6% ARM having a lifetime rate cap of 10.5%. ...
Typically, the term rider defines a financial concept, implying a written modification applied to an insurance policy, altering its initial clauses and provisions. The rider can update the ...
An antenuptial agreement is, as the terms composition states, an agreement that happens before the nuptials, or, in other words, the wedding. The antenuptial agreement is more commonly ...
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