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Real estate

Of or pertaining to property of land and the buildings on it. This also includes any minerals, crops, or any other natural resource. The business of real estate is the buying, selling, or renting property.

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Contributors in Real estate

Real estate > Commercial

Agreement Of Sale

Real estate; Commercial

An agreement of sale constitutes the terms and conditions of sale of a property by the seller to the buyer. Definition: An agreement of sale constitutes the terms and ...

Operating Lease

Real estate; Commercial

Operating lease is a contract wherein the owner, called the Lessor, permits the user, called the Lesse, to use of an asset for a particular period which is shorter than the ...

Commencement Certificate

Real estate; Commercial

The certificate from the concerned authority allowing the builder for commencement of construction of the property is referred to as the certificate of commencement. Definition: ...

Overall Rate Of Return

Real estate; Commercial

Overall rate of return is the rate of return on the capital invested to purchase a real estate property. Definition: Overall rate of return (OAR) is the rate of return on the ...

Vacancy Rate

Real estate; Commercial

Vacancy rate is the percentage of built space in the markets that are currently unoccupied or are available for rent. Definition: Vacancy rate is the percentage of built space ...

Percentage Lease

Real estate; Commercial

Percentage lease is a type of lease in which the lessee pays a base rent plus a percentage of revenue generated from any business done in the same rental premise. Definition: ...