Definition of "Sunspace"
Room in a building used to collect solar heat. To provide for such collection, a room is generally constructed with a glass roof and walls.
Popular Real Estate Terms
Economic principle determining the market prices of goods, services, and property. The principle states there is a pricing relationship between supply and demand for real property. Economic ...
An offering of securities, stock and/or debt, directly to investors rather then through the public exchange markets. An advantage of a private placement to a real estate business is that ...
When a real estate company switches from one accounting method to another. ...
Business entity providing water services in a particular locality. ...
Ability of a large group of retail stores or shopping center to take business away from other smaller or more distant shopping stores. ...
A lien that makes property security for the repayment of debt. Mortgages can finance the acquisition of real estate such as a home. A mortgage has certain benefits compared to other debt ...
a rental in which the lessor pays all operating costs such as taxes, utilities, insurance, and maintenance. It is usually a short-term lease and a common arrangement. Typically there is no ...
Deterioration in property resulting from its ordinary use and from the aging process. An examples an apartment building that physically deteriorates over the years. ...
Said of property that is bought subject to the existing loan against it. ...
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