REA-FC2 2025

A person to whom real estate is conveyed; the buyer.

• Grantor

• Grantee

• Lessor

• Lessee

In real estate investment, the number of years a property will be useful to the investors.

• Depreciation period

• Useful life

• Investment horizon

• Market value

The practice of charging more than the rate of interest allowed by law.

• Usury

• Interest Rate Manipulation

• Loan Sharking

• Predatory Lending

The periodic capital outlay required to maintain operations at existing levels, net of the tax shield available from such outlays.

• Sustaining Capital Reinvestment

• Capital Expenditure

• Operational Efficiency Fund

• Maintenance Cost Recovery

An agreement by an insurance or bonding company to be responsible for certain possible defaults, debts, or obligations contracted for by an insured party.

• Surety bond

• Performance bond

• Credit default swap

• Collateral bond

A type of deed that includes warranties regarding the owner's right to convey the property and the absence of encumbrances.

• Grant deed

• Quitclaim deed

• Warranty deed

• Bargain and sale deed

The act of conveying or transferring title to real property.

• Grant

• Transfer

• Conveyance

• Assignment

An enforceable lease that has essential parts including lessor and lessee with contractual capacity, offer and acceptance, legality of object, description of the premises, consideration, signatures, and delivery.

• Valid lease

• Void lease

• Implied lease

• Oral lease

The consideration of matters such as environment and climate change, health and well-being, and corporate responsibility that can impact the valuation of an asset.

• Sustainability

• Profitability

• Marketability

• Liquidity

The process by which boundaries are measured and land areas are determined; the on-site measurement of lot lines, dimensions, and positions of buildings on a lot.

• Survey

• Mapping

• Zoning

• Landscaping