Property Management

Understanding Actual Age in Property Appraisal
Discover the importance of actual age in real estate appraisal, differentiating it from effective age with insightful examples.
Understanding and Calculating the Equivalent Level Rate (ELR) for Property Leasing
Dive deep into the concept of Equivalent Level Rate (ELR) to effectively determine and optimize the value of rental properties. Learn the step-by-step process to calculate ELR and make informed real estate decisions.
Understanding and Managing Carrying Charges
An in-depth guide to understanding carrying charges, including taxes, interest, and related expenses involved in holding property.
Understanding and Securing Your Occupancy Certificate for a Smooth Move-In
Learn about the importance of an Occupancy Certificate, why it is essential for your property, and how to secure one to ensure your new space is safe and legally compliant.
Understanding Apportionment in Real Estate and Property Management
Dive deep into the concept of apportionment in real estate to understand how property expenses are prorated, how parcels are divided among tenants in common, and how unit value allocation functions in public utilities.

Real Estate Lexicon

Discover the A-to-Z guide to real estate terms with over 3,300 definitions simplified for quick and easy understanding. Essential for real estate agents, consumers, and investors.