Home
/
Learning Hub
/
Real Estate Dictionary

Real Estate Dictionary

Sample Welcome Letter to New Residents

Writing a professional welcome letter for new residents at your apartment community is important, but it can be challenging to get started. Here's a template you can use to kick off the process.

February 6, 2025

Sample Property Manager Interview Questions

Property manager interviews usually focus on tenant relations, leasing, maintenance, financial management, and leadership skills to ensure a candidate can effectively oversee properties and maximize performance.

February 6, 2025

Construction Types Overview

Different construction types balance cost, durability, fire resistance, and efficiency, with wood and steel being affordable, concrete and masonry offering strength, and modular methods providing speed and sustainability.

February 6, 2025

What is an Apartment Access Control System?

An Apartment Access Control System is a security solution that restricts and manages entry to an apartment building using key fobs, mobile apps, PIN codes, biometrics, or intercoms, enhancing security, convenience, and remote management for residents and property managers.

February 6, 2025

What is an Earn Out in Real Estate?

An earn-out in real estate is a deferred payment structure where part of the purchase price is contingent on the property's future performance, such as achieving specific occupancy, income, or leasing targets within a set timeframe.

February 2, 2025

What is AMI in Real Estate?

AMI (Area Median Income) in real estate is the median household income for a specific area, used by HUD to determine eligibility for affordable housing programs, rent limits, and homebuyer assistance based on income tiers (e.g., 30%, 50%, 80% of AMI).

February 2, 2025

What is an NNN Lease in Commercial Real Estate?

An NNN (Triple Net) Lease is a commercial lease where the tenant pays property taxes, insurance, and maintenance costs in addition to base rent, reducing the landlord’s financial responsibility while giving the tenant more control over expenses.

February 2, 2025

Can Real Estate Investors Have Keogh Plans?

Keogh plans can be used by real estate investors only if they have self-employed (active) income rather than passive rental income, although many choose simpler alternatives like SEP IRAs or Solo 401(k)s.

January 26, 2025

What is a Growing-Equity Mortgage (GEM)?

A Growing-Equity Mortgage is a home loan with a fixed interest rate whose payments increase at scheduled intervals, enabling faster principal reduction, quicker equity buildup, and potentially lower overall interest costs.

January 26, 2025

What is a Due-on-Sale Clause?

A due-on-sale clause (sometimes called an alienation clause) is a provision commonly found in mortgage or deed of trust contracts. It grants the lender the right to demand full repayment of the outstanding loan balance when the property is sold or transferred to another party.

January 26, 2025
Still have a question? Contact us
24×7 help from our support staff
Popular topics
What is agency lending in real estate?
What is a Broker Price Opinion in Real Estate?
What is an SIOR designation in real estate?
What is TTM in Real Estate?
What is a Debenture?
HelloData hand logo market surveys

Make real-time data your competitive advantage!

Schedule a demo below to see our multifamily analytics platform and APIs in action.

Schedule Demo7-Day Free Trial