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Pro rata

May 19, 2014 8:50 pm Published by Comments Off on Pro rata

A tenant’s proportionate share.  It is often used to determine a reasonably fair way to distribute building expenses, and is... View Article

Probabilities and Expected Value

May 19, 2014 8:48 pm Published by Comments Off on Probabilities and Expected Value

A quantifiable method of risk analysis.  This method assigns probabilities to specific, possible investment outcomes, calculates an expected outcome for... View Article

Property Data

May 19, 2014 8:49 pm Published by Comments Off on Property Data

Property/site-specific information obtained from primary and secondary sources.

Property Market

May 19, 2014 8:49 pm Published by Comments Off on Property Market

The supply and demand for ownership interests in property.

Property Type

May 19, 2014 8:50 pm Published by Comments Off on Property Type

The classification of commercial real estate based on its primary use.  The four primary property types are:  retail, industrial, office,... View Article

Property-specific Factors

May 19, 2014 8:50 pm Published by Comments Off on Property-specific Factors

Factors influenced by the site-specific and technical characteristics of a property or parcel including its layout, limitations, orientation, physical features,... View Article

Punch List

May 19, 2014 8:51 pm Published by Comments Off on Punch List

After a construction project is substantially complete, this is a list of tasks needed to complete and / or correct... View Article

PV

May 19, 2014 8:51 pm Published by Comments Off on PV

See present value.

Quiet Enjoyment

May 19, 2014 8:52 pm Published by Comments Off on Quiet Enjoyment

A lease clause providing the tenant the right to undisturbed use and enjoyment of the premises.

Quitclaim Deed

May 19, 2014 9:41 pm Published by Comments Off on Quitclaim Deed

A type of deed whereby the seller makes no claims or assurances as to its interests in the property, but... View Article