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Search Results for:

Garden-type Apartments

Definitions

Low-rise apartments situated on a sizable landscaped plot, under one management.

Low-rise Apartments

Definitions

Walk-up buildings and elevator buildings three stories or less.

High-rise Elevator Apartments

Definitions

Buildings that are four stories or more in height.

Lease Area

Definitions

The area for which rent can be charged.

Reimbursement Income

Definitions

Any payment made by tenants to reimburse the landlord for expenses.

Base Rent Income

Definitions

Income derived strictly from leased space, i.e., not including percentage rents which is a separate data field.

Loan Lockout Period

Definitions

Remainder of time in months a borrower is prohibited from refinancing the loan without defeasance.

Loan Amortization Period

Definitions

Number of months used to calculate the amount of monthly payments for principal and interest which could be longer than the loan term.

Loan Term

Definitions

Length of loan in months from time of origination until final payment due.

Limited Partnership (LP)

Definitions

A partnership established between two or more partners governed by a partnership agreement, with at least one general partner and one limited partner. The general partner has respo ...

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