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Implied cap rate
Implied cap rate Net operating income divided by the sum of a REIT's equity market capitalization and its total outstanding debt
RELATED TERMS--------------------------------------
Equity
The difference between the market value of a property and the amount still owed on the mortgage.
Market
A place where goods can be bought and sold and a price established.
Capitalization
An appraising term used in determining value by considering net operating income and a percentage of reasonable return on investment.
Debt
An amount owed to another.
SIMILAR TERMS--------------------------------------
Implied agency
An agency agreement created by the actions of the parties, and not a stated (written or verbal) agreement.
Implied agreement-contract
A contract under which the agreement of the parties is demonstrated by their acts and conduct.
Implied authority
The authority of an agent to perform acts which are reasonably necessary to accomplish the purpose of the agency.
Implied easement
When the owner of two or more adjacent properties sells a part thereof, he or she grants by implication all those apparent and visible easements which are necessary for the reasonable use of the property granted.
Implied warranty
A theory in landlord-tenant law in which the landlord renting residential property implies quiet enjoyment of the property or that the property is habitable.
PREVIOUS AND NEXT TERMS--------------------------------------
Impact fees
Money that local government collects from housing developers to pay for services that residents will need, such as schools, parks, road improvements and sewerage.
Impaired credit
A person with a less-than-perfect credit rating.
Implied agency
An agency agreement created by the actions of the parties, and not a stated (written or verbal) agreement.
Implied agreement-contract
A contract under which the agreement of the parties is demonstrated by their acts and conduct.
Implied authority
The authority of an agent to perform acts which are reasonably necessary to accomplish the purpose of the agency.
Implied cap rate
Implied easement
When the owner of two or more adjacent properties sells a part thereof, he or she grants by implication all those apparent and visible easements which are necessary for the reasonable use of the property granted.
Implied warranty
A theory in landlord-tenant law in which the landlord renting residential property implies quiet enjoyment of the property or that the property is habitable.
Impound account
Account held by a lender for payment of taxes, insurance or other related expenses.
Impounds
Money that is placed in an escrow account to pay for property taxes and insurance.
Improvement
Valuable additions to property which raise the value of the property.
This dictionary contains 6433 terms. |
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