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Commercial Real Estate Glossary
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Essential commercial real estate (CRE) terms include financial metrics like Net Operating Income (NOI) (income minus expenses), Capitalization Rate (Cap Rate) (return on investment), and Cash-on-Cash Return. Key leasing terms are Base Rent, Common Area Maintenance (CAM) charges, and Triple Net (NNN) leases, where tenants pay taxes, insurance, and maintenance.
 

Categorized into: Financial & Investment Terms, Leasing & Rent Terms, Property & Market Terms, and Loan & Transaction Terms
 

Commercial Real Estate Glossary
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25 Questions

1. Valid

2. Setback

3. HVAC

4. Allowance Over Building Shell

5. Statute of Frauds

6. Market Price

7. Yield maintenance premium

8. Building Skin

9. Fixed Costs

10. Common Area Maintenance

11. Non-Compete Clause

12. Rental Concession

13. Covenant

14. 'Time Is Of The Essence'

15. Statute of Limitations

16. Exclusive Agency

17. Mixed-Use

18. Deficiency Judgment

19. Clear-Span Facility

20. Diplomatic Zone

21. Just Compensation

22. Garden Apartment

23. Cumulative Discount Rate

24. Subletting

25. Standard Lease Form Agreement