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Property Management Systems (PMS) or Hotel Operating System (HOS), under business, terms may be used in real estate, manufacturing, logistics, intellectual property, government, or hospitality accommodation management. They are computerized systems that facilitate the management of properties, personal property, equipment, including maintenance ...
At its core, real estate photography is used for marketing and sales, as opposed to architectural photography, which is more artistic and expressive in nature. Even though many times the subject matter is the same, the approach used by a photographer can be different depending on if the photoshoot is considered a real estate or architectural shoot.
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 can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate. [17]
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.
In electric power distribution, a service drop is an overhead electrical line running from a utility pole, to a customer's building or other premises. It is the point where electric utilities provide power to their customers. [1] The customer connection to an underground distribution system is usually called a "service lateral".
For calculating the image containing only the background, a series of preceding images are averaged. For calculating the background image at the instant t: (,,) = = (,,) where N is the number of preceding images taken for averaging. This averaging refers to averaging corresponding pixels in the given images.
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...