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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 ...
Single-room occupancy (SRO) is a type of low-cost housing typically aimed at residents with low or minimal incomes, or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk. [1]
In colloquial Russian, there is a word "studiya", which means apartments with a combined bedroom and kitchen area. Russian studio apartments are represented in different segments of real estate. In economy class, these are flats of small square footage. But studio apartments also exist on a large area, and even in elite flats.
Almost a year later, in September 2021, the company began construction of Resido, a 295 apartment build-to-rent development on the northern border of Sylvia Park. The move signalled Kiwi Property's first foray into residential accommodation and according to CEO, Clive Mackenzie, was intended to diversify its asset base, increase asset values ...
These are typically purpose-built houses or huts near a coast or a lake, but can also serve as a base for hunting or fishing in local rivers. [12] They have a reputation for rustic, minimalist and mismatched internal design and furniture. However, large expensive holiday-homes are also (though less commonly) called baches.
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 ...
Through short-term rental, landlords can make upwards of 30% more than they would on a rent controlled property. [citation needed] Thus landlords convert their properties into short-term rental units, and there are fewer long-term housing options available to permanent residents.
A lease and release is a form of conveyance of real property involving the lease of land by its owner to a tenant, followed by a release (relinquishment) of the landlord's interest in the property to the tenant. This sequence of transactions was commonly used to transfer full freehold title to real estate under real property law.