Search results
Results From The WOW.Com Content Network
The basic definition is also known as WAULT to expiry to make the distinction clear. Depending on the market conditions, one might desire a high or low WAULT. For instance, if the rental market is strong and rents are rising, a low WAULT is desirable as that indicates that the current leases are going to expire or renegotiate in the short term ...
Uncontrollable CAM charges are taxes, security costs, utilities, and snow removal expenses. All other expenses charged as a CAM charge are considered controllable. In certain leases, CAM charges also consists of administrative and management fees. Administrative fees are a negotiated percentage of all costs of operating and maintaining a property.
The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now $195,000) would not exceed the existing value as a residence.
Blockbusting was a business practice in the United States in which real estate agents and building developers convinced residents in a particular area to sell their property at below-market prices.
[3] [4] [5] Landlords typically calculate a rent amount that reasonably covers the cost of rent, standard utilities, and other expected and day-to-day expenses. [6] In a gross lease, the rent is primarily paid by the tenant. The landlord assumes the costs of maintaining the building. This includes parking lots, common areas, and utilities.
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.
(The Center Square) – A California court cracked down on the California Coastal Commission for its “prejudicial abuse of discretion” when denying homebuilding permits. The same agency ...
The values on the board reflect real estate property values of 1930s Atlantic City. The two cheapest properties, Baltic Avenue and Mediterranean Avenue, were situated in a low-income, African-American neighborhood; higher-value properties, such as Pennsylvania Avenue, Park Place, and Ventnor Avenue , were situated in wealthier neighborhoods.