Ads
related to: short-term rental definition
Search results
Results From The WOW.Com Content Network
WAULT, short for weighted average unexpired lease term, is a measurement used in commercial real estate to quickly judge the value of contracted rents in a property, or more commonly, a portfolio of properties.
Term lease – usually 1–50 years, for a specified purpose. Perpetual lease, or lease in perpetuity – may be used only for a specified purpose. Freeholding lease – after approval is granted, convert a lease to freehold, and the lessee pays the purchase price in installments.
The expression "operating lease" is somewhat confusing as it has a different meaning based on the context that is under consideration. From a product characteristic standpoint, this type of a lease, as distinguished from a finance lease, is one where the lessor takes larger residual risk, whereas finance leases have no or a very low residual value position.
This did not create a significant problem until the 1950s when flats (where ownership is divided horizontally) first began to appear on the market as more affordable, particularly for first-time buyers. Until then flats had been confined to short-term unsaleable tenancies, with varying degrees of statutory rent protection and security of tenure.
If the property requires substantial repair, traditional lenders like banks will often not lend on a property and the investor may be required to borrow from a private lender utilizing a short-term bridge loan like a hard money loan. Hard money loans are usually short-term loans where the lender charges a much higher interest rate because of ...
Short-term memory (or "primary" or "active memory") is the capacity for holding a small amount of information in an active, readily available state for a short interval.. For example, short-term memory holds a phone number that has just been recit
Ads
related to: short-term rental definition