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Flat fee
Flat fee A fee paid to an adviser or manager for managing a portfolio of real estate assets, typically stated as a flat percentage of gross asset value, net asset value or invested capital
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Adviser
A broker, consultant or investment banker who represents an owner in a transaction.
Estate
The ownership interest of a person in real property, also used to refer to a deceased person's property.
Assets
Real and personal property in which a person has an unencumbered ownership or equity and which has value.
Asset
Items of value owned by an individual. Assets that can be quickly converted into cash are considered "liquid assets."
Value
The measure of the monetary equivalent of a property. The four essential elements of value are utility, scarcity, demand and transferability.
Capital
Accumulated wealth.
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Flat roof
A roof with a level surface.
Flats
Sheets used in the room. Smaller motels will usually send their sheets out to a commercial laundry.
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Fixed fee
A contractor submits a bid proposing a fixed amount to do a job. Most construction bids are made on this basis.
Fixed rate option
An option available on some home equity lines of credit which allows borrowers to fix the payments and interest on a portion of their balance.
Fixer upper
A house that needs a lot of work and which sells for a discount.
Fixture
Personal property that becomes real property when attached in a permanent manner to real estate.
Flashing
Sheet metal or other impervious material used in roof and wall construction as a barrier to water seepage.
Flat fee
Flat roof
A roof with a level surface.
Flats
Sheets used in the room. Smaller motels will usually send their sheets out to a commercial laundry.
Flex space
A building that provides a configuration allowing occupants a flexible amount of office or showroom space in combination with manufacturing, laboratory, warehouse, distribution, etc.
Flexible mortgage
A mortgage that allows the borrower to make overpayments, underpayments, payment breaks, borrow back overpayments. Interest is applied daily.
Float
The number of freely traded shares in the hands of the public.
This dictionary contains 6433 terms. |
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