Commercial and Residential Are Terms Used to Describe
Growth management laws enacted by state governmentsb. Commercial relates to commerce or general business activity.
Understanding Lighting Terms Luminous Flux Luminous Flux Residential Lighting Commercial Lighting
Upon sale the amount a person pays in capital gains is.
. Commercial Real Estate Terms and Definitions. Under the terms of a gross lease tenants pay rent and perhaps their own utilities but the landlord is responsible for property taxes insurance and building maintenance. Describes paint and its ability to resist dents scratches and marring.
The total cost of a property including hard and soft costs less any depreciation. Describing residential and commercial areas Exercise 4. New urbanism is a term used to describea.
Depository Institutions are required to accept deposits and make loans although the general terms used to describe these financial products may vary across the various types of institutions. List and describe the terms used to identify fire sprinkler heads by their orientation relative to a ceiling or wall. More often the terms floor and cap are used to describe these limits.
While similar these two industries have many differences from types of materials used to cost variations. Here are the main differences between residential and commercial construction. The most obvious difference between commercial and residential construction projects is that one has a larger scope and difficulty.
The ratio of available space to total. A primary draw for a shopping center. Non-depository Institutions In contrast accept cash contributions from their customers but the cash inflows are not called deposits Instead theyre called shares or.
Electrical energy is sold in units of kWh. Create a map similar to that for Washington Square West showing the sub-areas of your neighborhood. Mixed-use properties can have a combination of commercial and residential uses.
These differences are explained more below. 2 Commercial Real Estate Terms and Definitions Development Terminology This section contains a collection of terms and concepts most commonly used in the commercial development of land and buildings. When the paint film has the roughness of an orange because of poor roller or spray application.
A gross lease is the type of lease that most residential investors use but is also used in some commercial lease applications. These classifications are standard terms used to describe a type of commercial real estate. Pendent is installed with the deflector pointing down toward the floor.
General real estate words are adjectives that can be used to describe the property itself or the features of the property. Equal to 1000 Watt-hours. A phrase that is used to define the upper and lower limits established on an adjustable rate mortgage.
Recreational land is used for human pleasure. Kilowatt-hour Meter A device used to measure electrical energy use. A store strategically located in a retail property in order to enhance bring attention to or increase traffic at the property.
Residential construction on the other hand will be in places where people live such as in apartment houses and other homes. Define and Describe the Residential Sub-Areas of Your Neighborhood. Sometimes called a destination tenant usually these tenants lease at least 25000 SF.
Commercial designs aim at integrating the building into the community and neighborhood as well as offering services and interiors to tenants for business needs. Keep in mind that you should use these descriptive real estate keywords sparingly so you dont overwhelm the property description with broad or blanket statements. Typically this term is used to describe any part of a building that is above ground with the parts of the building below ground conversely referred to as the substructure.
This mostly includes parks museums sports grounds and the. Upright is installed with the deflector pointing up toward the ceiling that redirects the water toward the floor. In the investment field the term commercial is used to refer to commercial trading or.
For residential real estate youll want to specify whether the property type is single-family a duplex a multifamily or land zoned for residential development. Commercial construction is used by businesses and involves projects such as the building of offices industrial facilities and other business establishments. Those types include recreational transport agricultural residential and commercial.
Improvement of transportation systems. Included are the various stages of the development process and types of development and redevelopment projects. 16 Real Estate Words for General Use.
Some neighborhoods may have a consistent character throughout the entire neighborhood. Blemished or otherwise compromised paint film. A residential design process starts with an architect and proceeds on with an interior designer.
Real Estate Principles 3rd Edition Edit edition Solutions for Chapter 4 Problem 8TP. For example if a residential property has a small business on the premises then it would be defined as mixed-use. For example if a 100W light bulb is used for 4 hours 04 kWhs of energy will be used 100W x 1kW 1000 Watts x 4 hours.
Kilowatt kW Equal to 1000 watts. In this case the small business would have to have numerous customers visiting the property in order to have this land use definition.
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