Archives: Glossary

Holds Glossary on the website

Listing Agreement

Welcome Group  /   July 3, 2019

An agreement between the owner of a property and a … Continue reading Listing Agreement

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Limited Partnership

Welcome Group  /   July 3, 2019

A type of partnership comprised of one or more general … Continue reading Limited Partnership

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Lease

Welcome Group  /   July 3, 2019

An agreement whereby the owner of real property gives the … Continue reading Lease

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Investment Strategy

Welcome Group  /   July 3, 2019

The investment parameters used by the manager in structuring the … Continue reading Investment Strategy

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Incentive Fee

Welcome Group  /   July 3, 2019

Applies to fee structures where the amount of the fee … Continue reading Incentive Fee

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Grant

Welcome Group  /   July 3, 2019

To bestow or transfer an interest in real property by … Continue reading Grant

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General Contractor

Welcome Group  /   July 3, 2019

The prime contractor who contracts for the construction of an … Continue reading General Contractor

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Foreclosure

Welcome Group  /   July 3, 2019

The process by which the trustee or servicer takes over … Continue reading Foreclosure

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Flex Space

Welcome Group  /   July 3, 2019

A building that provides a configuration allowing occupants a flexible … Continue reading Flex Space

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Fixed Rate

Welcome Group  /   July 3, 2019

An interest rate that remains constant over the term of … Continue reading Fixed Rate

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