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  2. Adobe Lightroom - Wikipedia

    en.wikipedia.org/wiki/Adobe_Lightroom

    Lightroom is non-destructive editing software that keeps the original image separate from its edits, saving the edited image as a new file. While Photoshop includes doctoring functions like adding, removing or altering the appearance of individual image items, rendering text or 3D objects on images, or modifying individual video frames, Lightroom is a library and development software.

  3. West Creek, New Jersey - Wikipedia

    en.wikipedia.org/wiki/West_Creek,_New_Jersey

    The area is served as United States Postal Service ZIP Code 08092. As of the 2000 United States Census, the population for ZIP Code Tabulation Area 08092 was 3,003. The village is served by a general aviation airport, Eagles Nest Airport.

  4. Rack-rent - Wikipedia

    en.wikipedia.org/wiki/Rack-rent

    For short term lettings - e.g. rooms in hotels or houses let for holidays, the "rack rent" is the maximum potential rent assuming full occupancy (less downtime for repairs). Historically, rack-rent has often been a term of protest used to denote an unjustly excessive rent (the word "rack" evoking the medieval torture device ), usually one paid ...

  5. Renting - Wikipedia

    en.wikipedia.org/wiki/Renting

    Notice of renting availability of a building in Kaohsiung, Taiwan Notice of renting availability at the Villa Freischütz in Meran in 1911. Renting, also known as hiring [1] or letting, [2] is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time.

  6. Leasehold estate - Wikipedia

    en.wikipedia.org/wiki/Leasehold_estate

    A leasehold estate is an ownership of a temporary right to hold land or property in which a lessee or a tenant has rights of real property by some form of title from a lessor or landlord. [1] Although a tenant does hold rights to real property, a leasehold estate is typically considered personal property .

  7. Net effective rent - Wikipedia

    en.wikipedia.org/wiki/Net_effective_rent

    Net Effective Rent, sometimes Net Effective Rate, or NER for short, is a measure of the expected income from a tenant, seen mostly in commercial real estate. It is the net present value of all the rental payments over the period of the lease, as well as any abatements or incentives that might add to or lower these payments. An example of a ...

  8. Step rent - Wikipedia

    en.wikipedia.org/wiki/Step_rent

    Step rent, also known as step-up rent or step-up lease, is a type of additional rent term found in commercial real estate where the rent increases or decreases at defined periods. It is generally used to simplify accounting by separating out the increases due to inflation into a separate row in the accounts .

  9. Gross rent multiplier - Wikipedia

    en.wikipedia.org/wiki/Gross_Rent_Multiplier

    Gross rent multiplier (GRM) is the ratio of the price of a real estate investment to its annual rental income before accounting for expenses such as property taxes, insurance, and utilities; GRM is the number of years the property would take to pay for itself in gross received rent. For a prospective real estate investor, a lower GRM represents ...