Category: S

SANDWICH LEASE RETOTD Episode 00239

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SANDWICH LEASE Also know as a sublease.- lease held by a lessee (tenant) who becomes a lessor (landlord) by subletting to another lessee (subtenant), typically the sandwich leaseholder is neither the owner nor the user of the property.

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SECURITIZATION RETOTD Episode 00096

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SECURITIZATION The phenomenon of indirectly investing in real estate markets in ways that minimize risk (for example, investments made collectively with pooled money or the use of investment packages/funds, such as mortgage backed securities sold on the secondary financial market)…

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SALES COMPARISON APPROACH RETOTD Episode 00095

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SALES COMPARISON APPROACH An appraisal practice which estimates the value of a property by comparing it to comparable properties which have sold recently. A way to determine market value by comparing a subject property to properties with the same or…

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SALES COMPARISON VALUE RETOTD Episode 00074

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SALES COMPARISON VALUE An estimate of value derived by comparing the property being appraised to similar properties that have been sold recently, applying appropriate units of comparison, and making adjustments to the sales prices of the comparable based on the…

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