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Effective gross rent (EGR)
Effective gross rent (EGR) The net rent generated, after adjusting for tenant improvements and other capital costs, lease commissions and other sales expenses
RELATED TERMS--------------------------------------
Rent Compensation from tenant to landlord for the use of real estate.
Tenant Any person in possession of real property with the permission of the owner.
Capital Accumulated wealth.
Lease A contract whereby the landlord grants the tenant the right to occupy defined space for a set period at a specific price (i.e., rent).
SIMILAR TERMS--------------------------------------
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 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.
PREVIOUS AND NEXT TERMS--------------------------------------
EEM Energy Efficient Mortgage.
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)
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.
EFT Electronic funds transfer. The transfer of money between accounts by consumer electronic systems such as automated teller machines (ATMs), and electronic payment of bills.
Egress A way to exit from a property; the opposite of ingress.
This dictionary contains 6433 terms. |
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