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EEM
EEM Energy Efficient Mortgage.
RELATED TERMS--------------------------------------
Mortgage
A legal document pledging property as security for the payment of a loan.
SIMILAR TERMS--------------------------------------
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Echeck
An electronic version or representation of a paper check. The account holder writes an echeck using a computer or other type of electronic device and transmits the echeck to the payee electronically.
Economic feasibility
The feasibility of a building or project in terms of costs and revenue, with excess revenue establishing the degree of viability
Economic life
1) The estimated period over which an improved property may be profitably used so that it will yield a return over and above the economic rent attributable to the land itself; the period during which an improvement has value in excess of its salvage value. 2) As applied to a structure, the years or age indicated by the condition and utility of the structure, as opposed to its actual or chronological age.
Economic obsolescence
Loss of useful life and desirability of a property through economic forces, such as change in zoning, changes in traffic flow, etc.
Economic rent
The market rental value of a property at a given point in time
EEM
Effective age
An appraiser’s estimate of the physical condition of a building. The actual age of a building may be shorter or longer than its effective age.
Effective date
The date on which a registration statement becomes effective and the sale of securities can commence
Effective federal funds rate
The average interest rate that federal funds actually trade at in a day.
Effective gross income (EGI)
The total income from a property generated by rents and other sources, less a vacancy factor estimated to be appropriate for the property. EGI is expressed as collected income before expenses and debt service.
Effective gross rent (EGR)
The net rent generated, after adjusting for tenant improvements and other capital costs, lease commissions and other sales expenses
This dictionary contains 6433 terms. |
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