Mid-market signifies properties or transactions that occupy the space between luxury, high-end segments and more affordable, lower-end options.
Capping in real estate refers to a predefined limit on the total commission an agent pays to their brokerage.
In a double net lease, the tenant covers property taxes and insurance, shifting part of the financial and administrative burden from the landlord.
An institutional investor in real estate is a large company or organization with substantial capital that is allocated to real estate investments.
In a single net lease, the tenant typically pays the base rent and their share of property taxes.
An "arrendador" is the landlord or lessor, the person or entity granting the use of the property in exchange for rent.
This mechanism helps lenders free up capital. As a result, they can offer more home loans, which makes the mortgage market smoother and more accessible.
The primary distinction is that subletting involves adding a new tenant who signs a lease directly with the landlord. Meanwhile, subleasing occurs when the original tenant retains their lease but allows another party to occupy the property.
The primary purpose of a hold harmless agreement in real estate is to shift liability from one party to another, protecting the releasee from potential claims or damage.