Individual corporation, and so on permitted by law to own property and engage in business. Here, two or more companies operate under common control. Separate economic unit subject to financial measurement for accounting purpose.
Popular Real Estate Terms
Excess of money or fair value of property received on sale or exchange over the carrying value of the property. An example is the sale of a building when the cash received exceeda its ...
Certification granted by the Realtors National Marketing Institute upon successful completion of an education program and the required residential sales experience. Candidates must already ...
Connected group of wires, woods, or other materials surrounding real property to either protect it or act as a barrier against others. ...
Real estate held for productive use or investment. Land is recorded at the acquisition price plus incidental costs including real estate commissions attorney's fees, escrow fees, title, ...
Digital real estate refers to virtual online properties or assets that hold value, akin to physical real estate in the tangible world. These digital assets include domain names, websites, ...
Property taken over by the government because the owner has failed to pay taxes on it. The property may revert back to the owner when the taxes are paid. If not, the government may sell the ...
Economic resource that is anticipated to provide benefits to a business. ...
Methods of materials used in designing and fabricating a building. ...
Linkage in real estate means the proximity of a particular piece of land to its originally intended function. In addition, linkage can refer to the time and distance between a ...
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