Country house potentialThe Birmingham Post (England)
While more common in commercial real estate, estoppel certificates can also be relevant in residential leasing situations, especially in multi-family properties, or when a property is being sold or refinanced. Why do landlords request estoppel certificates? Landlords often request estoppel certificates b...
What is a condo? A condominium, usually shortened to simply “condo,” is a privately owned, individual residential unit within a community of other units. In general, the owner usually owns the interior of their unit and the structural components of exterior walls. Condo owners jointly own sh...
In addition to the property address and owner, a certificate of occupancy will include the following three things:Description of specific legal use and type of property: This indicates how the property is classified from a zoning perspective, such as whether it’s zoned for residential, ...
FEMA used to require elevation certificates for some property owners to get coverage, but this is no longer the case. You can get an elevation certificate from your local flood plain manager or hire a land surveyor or engineer to complete one for you. » MORE: How to get the best flood...
That said, property management and the legal details of transactions may not sound like fun for everyone. What’s more, a complex commercial real estate investment — the kind that can yield outsized returns — is nearly impossible for an individual investor to carry out on their own. Thank...
smart locks, may provide an added layer of protection for your property. Real-time alerts and remote access features could allow you to monitor your home and respond to potential threats, even when you’re away. For example, providing reassurance that a door is locked or a garage is closed...
Residential Property: For What It's Worth; Just a Year Ago, Midland Market Watchers Were Marvelling at Million Pound Price Tags. Though Not Yet 'Two a Penny', Houses in This Price Range Are Now Conspicuous by Their Proliferation in the Upper Reaches. One Should Still Expect Top Value, ...
The underlying value of the property drives a REIT’s value. The real estate market is expansive, covering everything from residential housing tohotels,hospitals, warehouses—even cell phone towers, and of course land. In 2023, the U.S.residentialreal estate market was worth $43.5 trillion, ...
Maturity length is also prevalent in other asset classes. Consider the difference between short-term lease agreements for residential properties (i.e., up to one year) and long-term lease agreements for commercial properties (i.e., sometimes five years or greater). Though there is more security...