Subsidized Housing
Definition of "Subsidized housing"
Housing whose rental payments are reduced because of aid granted by the federal, state, or local governments, private enterprises, or individuals. For example, monthly rental payments for elderly individuals living in senior citizen subsidized housing complexes are significantly lower than the e fair market value of these payments due to federal subsidies.
Popular Real Estate Terms
Receipt given for a partial payment made on the sale of property. It shows the buyer has made a down payment. ...
Building with large unpartitioned floors areas often used for storage. ...
A major factor in depreciation resulting from wear and tear from use and natural deterioration through interaction of weather elements may cause depreciation to a structure. ...
Government owned lands, for conservation purposes or for specific uses such as dams and hydropower. Public lands are owned by federal, state, and local governments. Many public lands are ...
Also called purchase money mortgage. A seller's claim to property held by a buyer as collateral for a debt or charge. ...
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The right and duties of using and holding property. ...
How much the rental property is worth. The valuation considers the net income derived from the property and a capitalization rate. ...
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 ...
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