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Articles tagged with
Appreciation
What Every Buyer and Seller Needs to know about the Depreciating Value of Property
In this article, we attempt to understand what property depreciation is, what are the factors that impact the rate of depreciation - what can withstand depreciation and how to calculate the rate of depreciation.
5 years ago
8 min read
Rent Term Meaning in Real Estate - Guide
The amount of money paid on the account of using a property held or owned by another person. Rent is usually a monthly recurring expense.
8 years ago
read
Rentals Term Meaning in Real Estate - Guide
Anything pertaining to rent e.g. rental agreement, rental deposit etc.
8 years ago
read
Market Value Term Meaning in Real Estate - Guide
“the fair market value is linked to the “price” the property would ordinarily fetch in the open market; i.e., the price a willing Purchaser would pay to the willing seller for a property, having due regard to its existing condition, existing advantages and its potential possibilities when laid out in its most advantageous manner.”
8 years ago
read
Depreciation Term Meaning in Real Estate - Guide
The fiscal value of an asset which reduces over time due to usage, wear and tear or obsolescence. This is depreciation, it is also calculated on a set assumption in the books of accounts.
8 years ago
read
Mortgage Term Meaning in Real Estate - Guide
An asset of a fixed monetary value, which is presented to secure a loan. The value of the loan sanctioned is less than that of the value of the mortgage.
8 years ago
read
Appreciation Index Term Meaning in Real Estate - Guide
Appreciation essentially means the escalation in price, which could be due to many factors like time, labour, taxation etc.
8 years ago
read
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