Valid
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  Valid



Valid

   A binding situation that is authorized and enforceable by law.



SIMILAR TERMS
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Valid contract
A contract that complies with all the essentials of a contract and is binding and enforceable with all associated parties.



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Va mortgage
A mortgage that is guaranteed by the Department of Veterans Affairs (VA).

Vacancy and credit losses
Income lost due to vacancies and-or tenants defaulting on lease payments.

Vacancy factor
The amount of gross revenue that pro forma income statements anticipate will be lost because of vacancies, often expressed as a percentage of the total rentable square footage available in a building or project.

Vacancy rate
The total amount of available space compared to the total inventory of space and expressed as a percentage.

Vacant space
Existing tenant space currently being marketed for lease excluding space available for sublease.

Valid

Valid contract
A contract that complies with all the essentials of a contract and is binding and enforceable with all associated parties.

Valuation
Estimated price, value, or worth. Also, the act of identifying a property's worth via an appraisal.

Valuation Fee
The fee charged by the lender for a valuation report.

Valuation report
A basic report carried out for the peace of the mind of the lender to ensure that the property is worth lending on.

Value
The measure of the monetary equivalent of a property. The four essential elements of value are utility, scarcity, demand and transferability.

This dictionary contains 6433 terms.
      












                    © Real Estate Dictionary 2005 - All rights reserved -

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