Real Estate Dictionary

What is conservice?

Conservice is a leading utility management and billing company that was founded in 2000 in Logan, Utah. It offers utility management services for over 5.2 million locations throughout North America

February 28, 2024

The HP 10b is a financial calculator by Hewlett-Packard, widely used by professionals and students for a range of financial calculations including loan payments, interest rates, and cash flow analysis.

February 24, 2024

What is aesthetic zoning in real estate?

Aesthetic zoning involves regulations that dictate design and appearance standards for developments to ensure cohesive and visually appealing communities.

February 24, 2024

What is an SIOR designation in real estate?

The SIOR designation stands for Society of Industrial and Office Realtors. It is a professional credential awarded to commercial real estate practitioners who meet specific educational, production, and ethical requirements.

February 24, 2024

What is the difference between pari passu vs pro rata in real estate?

Pari passu refers to equal priority among claims or rights in financial distributions, while pro rata describes the proportional division of payments based on each party's share or investment, emphasizing fairness in allocation.

February 24, 2024

What is modified IRR?

Modified IRR (MIRR) improves upon traditional IRR by considering the cost of capital and a realistic reinvestment rate for cash flows, offering a more accurate measure of an investment's profitability.

February 24, 2024

What are replacement reserves in real estate?

Replacement reserves are funds earmarked in real estate to finance future capital improvements and repairs, ensuring a property remains in good condition and retains value.

February 24, 2024

What is Present Value?

In real estate, present value is the current worth of a property's future income, discounted to today's dollars, accounting for the time value of money to aid in investment evaluations.

February 24, 2024

What is a marketing package in a real estate transaction?

A marketing package in real estate is a detailed document showcasing a property's features, financials, images, location analysis, and lease or sale terms to attract and inform potential buyers or tenants.

February 24, 2024

What is a single net lease?

A single net lease is a type of lease agreement in commercial real estate where the tenant agrees to pay one of the building's operating expenses, typically property taxes, in addition to the base rent.

February 24, 2024

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Real Estate Dictionary

What is conservice?

What is an HP 10b calculator?

What is aesthetic zoning in real estate?

What is an SIOR designation in real estate?

What is the difference between pari passu vs pro rata in real estate?

What is modified IRR?

What are replacement reserves in real estate?

What is Present Value?

What is a marketing package in a real estate transaction?

What is a single net lease?

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