Glossary - Words and Terminology used in Commercial Property

IMPOUND
The portion of a borrower's periodic payment on a ...see more

IMPROVED LAND
Also known as "developed land". Opposite of "raw o ...see more

IMPROVEMENTS
Things added to vacant land with the view to ...see more

INCOME APPROACH
An appraisal technique whereby the potential of th ...see more

INCOME PROPERTY
A property which is owned or developed specificall ...see more

INCURABLE DEPRECIATION
Incurable functional obsolescence/Incurable physic ...see more

INDEPENDENT VALUATION/APPRAISAL
An estimate of the value of a property prepared by ...see more

INDEXED LEASE
A rental agreement where the amount of the rent to ...see more

INDUSTRIAL PARK
A parcel of land specifically developed to provide ...see more

INDUSTRIAL PROPERTY
A plot of land used for a factory or other i ...see more

INSTALLMENT
A regular periodic payment. ...see more

INSTITUTIONAL LENDER
An accredited financial organization (i.e. a ...see more

INSURABLE VALUE
1. The portion of the value of an asset or ...see more

INTEREST PAYMENT
The portion of each periodic payment on a loan, wh ...see more

INTEREST RATE CAP
A clause in an Adjustable or Variable Rate Mortgag ...see more

INTEREST RATE CEILING
The highest rate of interest chargeable unde ...see more

INTEREST RATE FLOOR
The lowest rate of interest chargeable under a Var ...see more

INTERIM USE
The temporary use to which a site or improved prop ...see more

INTERNAL RATE OF RETURN
The annualized yield rate of return or rate of ret ...see more

INVESTMENT
To use a resource to earn profit. ...see more

INVESTMENT PROPERTY
A piece of real estate, land or buildings ...see more

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

:: Home :: Site map :: Directory :: Webmaster Tools :: Property Links :: Glossary - Words and Terminology used in Commercial Property :: Enquiry form :: View all Categories :: Advanced Search :: News :: FAQs :: Commercial Property ::