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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 ...
In commercial real estate, a tenant inducement (TI) is some sort of consideration given by a landlord in order to attract a new tenant or have an existing one renew their lease. Depending on the contents, the concept may be known as a concession or rent abatement, instead of inducement. There are several different forms of inducements.
The restaurant closed in 2018 as the owner decided to retire. [11] The Columbus Japanese Women’s Chorus (はなみずきの会 [12] Hanamizuki no Kai "dogwood group") includes members of the Japanese community. [13] It was founded in 1995. The group name is a reference to the dogwood trees given to Japan by the United States. [14]
The Appraisal Institute of Canada defines the term highest and best use as: The reasonably probable and legal use of property, that is physically possible, appropriately supported, and financially feasible, and that results in the highest value.
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 ...
Corporate real estate is the real property held or used by a business enterprise or organization for its own operational purposes. A corporate real estate portfolio typically includes a corporate headquarters and a number of branch offices, and perhaps also various manufacturing and retail sites. [1]
Lincoln Village is a neighborhood located on the West Side of Columbus, Ohio and is known for its long history and historical impacts it has had on the surrounding communities. Most of the residential real estate is occupied by a mixture of owners and renters. Residents in this area tend to be older and well committed to this area.
However, to determine the size of institutional-grade real estate markets in developing countries adjustments are made because only the more affluent segments of the population in those countries have the wherewithal to use such real estate. [5] Some of the factors leading to the growth in the international residential real estate sector are: