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Participation Mortgage

May 19, 2014 6:59 pm Published by Comments Off on Participation Mortgage

A loan secured by real property, with a stated interest rate that also provides for a share to the lender... View Article

Pass Throughs

May 19, 2014 7:00 pm Published by Comments Off on Pass Throughs

Property operating expenses billed to the tenant in addition to its base rent.  Pass throughs are the tenant’s pro rata... View Article

Passive Income

May 19, 2014 6:59 pm Published by Comments Off on Passive Income

Income from rental activity, limited business interests, or other activities in which the investor does not materially participate.

Passive Losses

May 19, 2014 6:59 pm Published by Comments Off on Passive Losses

Losses from the ownership of passive investments.

Payment (PMT)

May 19, 2014 7:00 pm Published by Comments Off on Payment (PMT)

A periodic amount paid or received for two or more periods.

Percentage Lease

May 19, 2014 7:01 pm Published by Comments Off on Percentage Lease

A lease in which the rent amount is based on a percentage of gross sales (monthly or annually) made by... View Article

Percentage Rent

May 19, 2014 7:01 pm Published by Comments Off on Percentage Rent

The additional rent (over a base amount) that is paid by tenants to owners on tenant sales over a specified... View Article

Perfect Market

May 19, 2014 7:01 pm Published by Comments Off on Perfect Market

A market in which the products are homogenous, there is complete information, and no buyers or sellers may influence the... View Article

Physical Depreciation or Deterioration

May 19, 2014 7:02 pm Published by Comments Off on Physical Depreciation or Deterioration

A form or source of accrued depreciation considered in the cost approach to market value.   The physical decay or deterioration... View Article

Physical Limitations

May 19, 2014 7:03 pm Published by Comments Off on Physical Limitations

Limitations imposed by the physical size, shape, or characteristics of a property or its level of development.