Concise Encyclopedia of Real Estate Business TermsAn invaluable resource for real estate professionals and students Concise Encyclopedia of Real Estate Business Terms puts the terms used every day in the marketing and study of real estate at your fingertips. With a simple A-to-Z format, this comprehensive reference guide gets right to the point, providing brief but clear definitions and understandable explanations for more than 300 current terms and concepts used in every aspect of the real estate industry. An essential communication tool for anyone working in real estate management, insurance, economics, and urban planning, this practical guide is equally valuable for libraries, academics, and students. Compiled by Bill and Ryan Roark, realtors and co-hosts of “Taking Care of Business,” a live weekly real estate news and information talk radio program, the Concise Encyclopedia of Real Estate Business Terms provides quick and easy access to the terminology that’s unique to the real estate industry. From A (AAA Tenant, absorption rate, abstract) to Z (zoning) and everything in between, this handy reference resource will ensure you’re not at a loss for words when dealing with the legal and financial issues related to real estate and property. The book also includes an appendix of sample forms and contracts and another that covers measurements and conversions. The Concise Encyclopedia of Real Estate Business Terms explains:
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Common terms and phrases
accept additional agreed amortized amount appraisal assessed borrower Broker building buyer and seller calculated cancel cash flow charges clause commission construction contract cost damage debt deed default defect Demised Premises deposit depreciation determine disclosure document dominate estate Dual Agency easement eminent domain example executed expenses fee simple granted Ground Lease homestead exemption improvements income inspection interest rate investment property investor land Landlord leased premises lender Lessee Lessee’s Lessor lien limited loan to value located maintenance market value monthly mortgage Multiple Listing Services nonrecourse loan obligations occupancy paid party payment percent period person profit property owner purchase agreement real estate Realtor redhibition rental repairs responsibility restrictive covenant retail sell the property seller/lessor shopping center sold specified taxes Tenant term triple net lease usufruct warranty written notice