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Gross income
Gross income This is all the money, goods and property you receive during the year before you reduce it by using adjustments, deductions or exemptions.
RELATED TERMS--------------------------------------
Property The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
SIMILAR TERMS--------------------------------------
Gross building area The sum of areas at each floor level, including basements, mezzanines and penthouses included within the principal outside faces of the exterior walls and neglecting architectural setbacks or projections.
Gross estimate All money coming into a household on a regular basis.
Gross income multiplier A figure used as a multiplier of the gross annual income of a property to produce an estimate of the property's value.
Gross investment in real estate (historic cost) The total amount of equity and debt invested in real estate investments, including the gross purchase price, all acquisition fees and costs, plus subsequent capital improvements, less proceeds from sales and partial sales.
Gross leasable area The portion of total floor area designed for tenants' occupancy and exclusive use, including storage areas. It is the total area that produces rental income.
Gross Lease A lease of property whereby the landlord (i.e., lessor) pays for all property charges usually included in ownership.
Gross operating income The result when other income is added to rental income.
Gross real estate asset value The market value of the total real estate investments under management in a fund or individual accounts.
Gross real estate investment value The market value of real estate investments held in a portfolio without regard to debt, equal to the total of real estate investments as shown on a statement of assets and liabilities on a market-value basis
Gross rent multiplier (GRM) The figure used as a multiplier of the gross monthly income of a property to produce an estimate of the property's value.
Gross rental income Gross receipts for the rental of income property.
Gross returns Returns generated from the operation of real estate without dilution for adviser or manager fees
Gross scheduled income The maximum amount of rent if the property were 100 percent occupied.
Gross up Adjustment made to operating expenses to reflect occupancy levels in a building.
PREVIOUS AND NEXT TERMS--------------------------------------
Grantor That party in the deed that is the seller or giver.
Greek Revival style A style introduced in the U.S. at the end of the 18th century. Its most prominent feature is a pillar-anchored pediment forming a portico in the front of the house.
Greenbelt Any stretch of park, open space or other natural setting in a community.
Gross building area The sum of areas at each floor level, including basements, mezzanines and penthouses included within the principal outside faces of the exterior walls and neglecting architectural setbacks or projections.
Gross estimate All money coming into a household on a regular basis.
Gross income
Gross income multiplier A figure used as a multiplier of the gross annual income of a property to produce an estimate of the property's value.
Gross investment in real estate (historic cost) The total amount of equity and debt invested in real estate investments, including the gross purchase price, all acquisition fees and costs, plus subsequent capital improvements, less proceeds from sales and partial sales.
Gross leasable area The portion of total floor area designed for tenants' occupancy and exclusive use, including storage areas. It is the total area that produces rental income.
Gross Lease A lease of property whereby the landlord (i.e., lessor) pays for all property charges usually included in ownership.
Gross operating income The result when other income is added to rental income.
This dictionary contains 6433 terms. |
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