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Absentee landlord
Absentee landlord An owner who does not reside in the place in which he owns real estate from which he derives rental income.
RELATED TERMS--------------------------------------
Estate
The ownership interest of a person in real property, also used to refer to a deceased person's property.
SIMILAR TERMS--------------------------------------
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A, b, c, d paper
Mortage loans are rated as A, B, C, or D paper. "A" paper loans are the highest quality, lowest risk loans; "B" quality are loans where the borrower has minor credit problems; "C" quality are borrowers with marginal or poor credit; "D" quality indicates very high risk loans.
Abandonment
The voluntary relinquishment of rights of ownership or another form of interest (an easement) by failure to use the property over an extended period of time.
Abatement
1) A reduction or decrease. 2) The removal of a nuisance.
Above building standard
Upgraded finishes and specialized designs necessary to accommodate a tenant's requirements.
Abr
The Accredited Buyer Representative designation indicates a real estate agent specializing in representing buyers in the real estate transaction.
Absentee landlord
Absolute net
Lease that requires the tenant to pay all costs (including rent) associated with the operation, repair and maintenance of the building.
Absorption rate
The rate at which rentable space is filled.
Abstract
A summary; an abridgment.
Abstract of judgment
A full summary by the court of a judgment. It becomes a general lien on all of a debtor's property in the county where it is recorded.
Abstract of title
A summary of the public records relating to the title to a particular piece of land.
This dictionary contains 6433 terms. |
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