- Industry: Real estate
- Number of terms: 2794
- Number of blossaries: 0
- Company Profile:
Coldwell Banker is a large real estate franchise founded in 1906 in San Francisco. Coldwell Banker has an international presence, with offices on six continents, 46 countries and territories. There are more than 600 Coldwell Banker offices outside of the United States.
The space in a development, outside of the common areas, that can be rented to tenants.
Industry:Real estate
The legal definition: a measure of prudence, activity or assiduity, as is properly to be expected from, and ordinarily exercised by, a reasonable and prudent person under the particular circumstances. In CMBS: due diligence is the foundation of the process because of the reliance securities investors must place on the specific expertise of the professionals involved in the transaction.
Industry:Real estate
The most common constituents of a monthly mortgage payment.
Industry:Real estate
A method of appraisal in which selling prices of similar properties are used as the basis for arriving at the value estimate (a.k.a. the Market Data Approach).
Industry:Real estate
Total income less operating expenses, adjustments, etc., but before mortgage payments, tenant improvements and leasing commissions.
Industry:Real estate
A clause that requires a full payment of a mortgage or deed of trust when the secured property changes ownership.
Industry:Real estate
Insurance written by private companies to protect a lender against loss if the borrower defaults on a mortgage. PMI is often required on mortgage loans with less than 20% down payment.
Industry:Real estate
An estimate of the value of a property based on an analysis of sales of properties with similar characteristics.
Industry:Real estate
Usually requires the tenant to pay for property taxes and insurance in addition to the rent.
Industry:Real estate
A clause in a mortgage giving the lender the right to demand payment of the full balance when the borrower sells the property.
Industry:Real estate
