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Effective age
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.
SIMILAR TERMS--------------------------------------
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
Effective interest rate
The actual rate or yield of a loan, regardless of the amount stated on the debt instrument.
Effective rent
The actual rental rate to be achieved by the landlord after deducting the value of concessions from the base rental rate paid by a tenant, usually expressed as an average rate over the term of the lease
Effective rental income
Potential rental income minus vacancy and credit losses.
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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
Energy Efficient Mortgage.
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
Effective interest rate
The actual rate or yield of a loan, regardless of the amount stated on the debt instrument.
This dictionary contains 6433 terms. |
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