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In commercial real estate in the US, a building's loss factor is the percentage of the building's area shared by tenants or space that are dedicated to the common areas of a building used to calculate the difference between the net (usable) and gross (billable) areas.
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property.
The placement of surveillance cameras in workplace break rooms has been controversial. In 2017, a camera was removed from the employee break room of a town hall in Michigan following backlash from workers. [5] In 2001, custodians at a high school in Ohio sued after discovering that a hidden camera had been installed in the break room to monitor ...
However, a real property within the United States and a real property outside the United States would not be like-kind properties. Generally, "like kind" in terms of real estate, means any property that is classified real estate in any of the 50 U.S. states or Washington, D.C., and in some cases, the U.S. Virgin Islands.
The housing market has seen ups and downs over the past several years. For many buyers, purchasing a home has become very cost-prohibitive. Zillow reported that mortgage interest rates are ...
Single-room occupancy (SRO) is a type of low-cost housing typically aimed at residents with low or minimal incomes, [1] or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk. [2]