An encumbrance is any claim or restriction on a property that affects the owner's ability to fully control or sell it.
Deeds are legal documents that transfer ownership of property. Each provides varying levels of protection and assurance to the parties involved.
A marketable title is one that is clear of significant encumbrances, making it acceptable to a reasonable buyer without fearing future legal claims against the property.
A Certificate Backed Mortgage (CBM) is a type of mortgage backed by mortgage-backed securities.
When people talk about a home’s “square footage,” they’re referring to the total area of space that’s considered livable. In real estate, this usually means spaces that you can comfortably live in
ATR, or Ability to Repay, plays a crucial role in multifamily real estate financing.
This term refers to a dynamic investment strategy where properties are rented out for short durations, typically less than 30 days.
Accumulated depreciation is best described as a contra asset.
The load factor is the ratio of rentable square footage to usable space.
