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Flats
Flats Sheets used in the room. Smaller motels will usually send their sheets out to a commercial laundry.
RELATED TERMS--------------------------------------
Will
A written document, properly witnessed, providing for the transfer of title to property owned by the deceased, called the testator.
Laundry
If the motel has 40 units or more, the laundry will usually have two 50 lb. Commercial washers with automatic soap injection and one or two large dryers.
SIMILAR TERMS--------------------------------------
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
Flat roof
A roof with a level surface.
PREVIOUS AND NEXT TERMS--------------------------------------
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
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
Flat roof
A roof with a level surface.
Flats
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.
Float floor drain
A drain that diverts water from the basement to a collection area. Water is then removed with a sump pump.
Floating
The time period is defined by a season and the week period is not fixed. One reserves the time period within the appropriate season annually.
This dictionary contains 6433 terms. |
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