Real Estate Terminology

Page 5 out of 14 Pages

• Is the owner of an apartment complex the landlord?
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• What are comparable sales?
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• What is a gross rent multiplier?
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• What is a cooperative (co-op)?
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• What is a right of first refusal?
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• What is a pre-payment penalty?
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• What is a capitalization (cap) rate?
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• What is a sandwich lease?
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• What is a general contractor?
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• What is a lockbox?
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