Category: Real Estate Terms Dictionary

Percentage Lease
Real Estate Terms Dictionary
Michael Enriquez

What is a Percentage Lease?

At its core, a percentage lease is a rental agreement where the tenant pays a fixed base rent and an additional rent based on a

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Modified Gross Lease
Real Estate Terms Dictionary
Michael Enriquez

What is a Modified Gross Lease?

Among the myriad of leasing options available, the modified gross lease stands out as a popular choice for many. A modified gross lease is a

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hard money loan points
Real Estate Terms Dictionary
Michael Enriquez

What are Hard Money Loan Points?

Understanding the nuances of financing can be the difference between a profitable venture and a missed opportunity. One term that often pops up, especially for

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loan to cost ratio
Real Estate Terms Dictionary
Michael Enriquez

Loan-to-Cost Ratio

In the world of real estate financing, especially concerning rehabilitation projects and hard money lending, the term “loan-to-cost ratio” frequently surfaces.  But what exactly does

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What is Tenancy at Will
Real Estate Terms Dictionary
Michael Enriquez

What Is a Tenancy at Will?

Tenancy at will is a type of agreement that doesn’t have a fixed end date. Unlike periodic or fixed-term tenancies, this informal arrangement (often an

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