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  2. Real estate business - Wikipedia

    en.wikipedia.org/wiki/Real_estate_business

    Descriptions were performed both using a more simple format, a Basic Use Case template, [7] [8] and more advanced applications of the Unified Modelling Language. [ 9 ] [ 10 ] Process models were compared through an ontology-based methodology, [ 11 ] and national property transaction costs were estimated for Finland and Denmark [ 12 ] [ 13 ...

  3. Property management - Wikipedia

    en.wikipedia.org/wiki/Property_management

    In this case, the property manager signs an agreement with the property owner, with the right to convert the property into a revenue-generating business such as a business center, service apartment, etc. Instead of paying rent to the owner, the management company shares a percentage of revenue.

  4. Rental agreement - Wikipedia

    en.wikipedia.org/wiki/Rental_agreement

    How much: Rent may be payable monthly, annually, or in advance, or as otherwise agreed. A typical arrangement for tenancy at will is "first and last month's rent" plus a security deposit. The "last month's rent" is rent that has yet to be earned by the landlord. A rental agreement or lease may include a "rent review" clause which makes ...

  5. Multiple listing service - Wikipedia

    en.wikipedia.org/wiki/Multiple_listing_service

    A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.

  6. Commercial property - Wikipedia

    en.wikipedia.org/wiki/Commercial_property

    Common due diligence items include property financial statements, rent rolls, vendor contracts, zoning and legal uses, physical and environmental condition, traffic patterns and other relevant information to the buyer's purchase decision specified in the PSA. In competitive real estate markets, buyers may waive contingencies in order to make an ...

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