Home
/
Learning Hub
/
Real Estate Dictionary

Real Estate Dictionary

What are Tenant Improvement Expenses in Real Estate?

Tenant Improvement (TI) expenses are costs incurred to customize a rental space to meet a tenant's needs, typically negotiated in lease agreements and often supported by a landlord-provided allowance.

May 21, 2024

What is Commercial Real Estate Underwriting?

Learn the ins and outs of real estate underwriting—what it is, why it matters, and how it shapes property financing. Expert tips and best practices.

May 21, 2024

What are Basis Points?

Basis points are a unit equal to 0.01% used to describe precise percentage changes in financial metrics like interest rates.

May 21, 2024

What is Earnest Money?

Earnest money is a buyer's deposit showing commitment to a property purchase, held in escrow and applied to closing costs, but forfeited if the buyer unjustifiably backs out.

May 21, 2024

Is Earnest Money Refundable?

Earnest money is refundable depending on the terms of the real estate contract, particularly regarding unmet contingencies, contractual deadlines, mutual agreements, and breaches by either party.

May 21, 2024

What is Coastal Ridge Real Estate?

Coastal Ridge Real Estate is a real estate investment and management firm based in Columbus, Ohio, specializing in student housing, multi-family residential properties, and mixed-use developments across the United States.

May 18, 2024

What is a Partially Amortized Loan?

A partially amortized loan involves regular payments that do not cover the full principal, leaving a large balloon payment due at the end of the loan term.

May 18, 2024

What is an Escrow Holdback?

An escrow holdback is a portion of funds retained in an escrow account during a real estate transaction to ensure specified conditions or repairs are completed post-closing.

May 18, 2024

What is a Carveout in Real Estate?

A carveout is a provision in a non-recourse loan that holds the borrower personally liable for specific misconduct, like fraud or environmental damage, thereby protecting the lender.

May 18, 2024

What Does Defaulting on a Loan Mean?

Defaulting on a loan occurs when a borrower fails to meet repayment obligations, leading to consequences such as late fees, credit score damage, potential legal action, and liabilities for co-signers.

May 18, 2024
Still have a question? Contact us
24×7 help from our support staff
Popular topics
What is a lease abstract?
What is BMS Software for Apartments?
What is an Axonometric Model of a Building?
What is net effective rent?
Who is Brendan Wallace?
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