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WAULT, short for weighted average unexpired lease term, is a measurement used in commercial real estate to quickly judge the value of contracted rents in a property, or more commonly, a portfolio of properties.
Other common terms used in machining with Imperial units involve adding tenths together to achieve a specific tolerance or measurement. For example, "five tenths," is typically a measurement or tolerance of five ten-thousandths of an inch, and written as 0.0005 inches. "Three tenths," as another example, is written as 0.0003 inches. [9]
Print/export Download as PDF; ... Pages in category "Real estate terminology" The following 58 pages are in this category, out of 58 total. ... additional terms may ...
Here are 15 real estate terms you need to know. Real Estate Agent Professional who represents the seller (listing agent) or buyer (buyer’s agent) in a real estate transaction.
“Real estate has been the best tool that I’ve found to make the average person wealthy, but it is hard work,” said Ryan Dossey, co-founder of SoldFast. “Real estate takes credit, capital ...
Property taxes are also expressed in terms of mills per dollar assessed (a mill levy, known more widely in the US as a "mill rate"). For instance, with a millage rate of 2.8₥, a house with an assessment of $100,000 would be taxed (2.8 × 100,000) = 280,000₥, or $280.00. The term is often spelled "mil" when used in this context. [5]
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This upper bound is much too large to be practical, as it is infeasible to check every number below that figure. However, the value of Mills' constant can be verified by calculating the first prime in the sequence that is greater than that figure. As of April 2017, the 11th number in the sequence is the largest one that has been proved prime. It is