Regional Center
May 19, 2014 9:46 pm Comments Off on Regional CenterThis center type provides general merchandise (a large percentage of which is apparel) and services in full depth and variety. ... View Article
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Regulatory Requirements
May 19, 2014 9:46 pm Comments Off on Regulatory RequirementsIn reference to land use, they are restrictions or guidelines on development or use of land, properties, or facilities as... View Article
Renewal Option
May 19, 2014 9:47 pm Comments Off on Renewal OptionA lease clause allowing the tenant the right to add time, or term, to its lease. Also known as Right... View Article
Rent
May 19, 2014 9:50 pm Comments Off on RentThe amount paid by a tenant to a landlord for use of its property.
Rent Commencement Date
May 19, 2014 9:47 pm Comments Off on Rent Commencement DateThe date upon which the tenant is required to begin paying rent per the lease agreement.
Rent Concession
May 19, 2014 9:48 pm Comments Off on Rent ConcessionA period of free rent given to the tenant by the lessor.
Rent Escalators
May 19, 2014 9:50 pm Comments Off on Rent EscalatorsItems specified in a lease such as base rent, operating expenses, and taxes that may increase by predetermined amounts at... View Article
Rentable Area (or Rentable Square Feet)
May 19, 2014 9:49 pm Comments Off on Rentable Area (or Rentable Square Feet)The computed area of a building as defined by the guidelines of Building Owners and Managers Association (BOMA) and typically... View Article
Rentable-to-useable Ratio
May 19, 2014 9:49 pm Comments Off on Rentable-to-useable RatioDefined as rentable area divided by useable area. Also known as the add-on factor or load factor. Also see efficiency... View Article
REO (Real Estate Owned)
May 19, 2014 9:50 pm Comments Off on REO (Real Estate Owned)A classification of property owned by a lender after the property has unsuccessfully been sold through the foreclosure process, meaning... View Article