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When it comes to selling a home there's a lot to know beyond staging and setting a reasonable list price. As with any industry, there are real estate definitions (homestead, quit-claim) and a set ...
A penthouse is an apartment or unit traditionally on the highest floor of an apartment building, condominium, hotel, or tower. Penthouses are typically differentiated from other apartments by luxury features. The term 'penthouse' originally referred, and sometimes still does refer, to a separate smaller 'house' that was constructed on the roof ...
A studio apartment, or studio condo [1] also known as a studio flat (UK), self-contained apartment (Nigeria), efficiency apartment, bed-sitter (Kenya), or bachelor apartment, is a small dwelling in which the normal functions of a number of rooms – often the living room, bedroom, and kitchen – are combined into a single room. Some studio apartments still include a private washroom, which ...
In commercial real estate in the US, a building's loss factor is the percentage of the building's area shared by tenants or space that are dedicated to the common areas of a building used to calculate the difference between the net (usable) and gross (billable) areas.
Split-Level House. A split-level home (sometimes called a tri-level home) is a style of house in which the floor levels are staggered. There are typically two short sets of stairs, one running upward to a bedroom level, and one going downward toward a basement area.
Floor area. In architecture, construction, and real estate, floor area, floor space, or floorspace is the area (measured in square metres or square feet) taken up by a building or part of it. The ways of defining "floor area" depend on what factors of the building should or should not be included, such as external walls, internal walls ...
Coupon. In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product. Customarily, coupons are issued by manufacturers of consumer packaged goods [1] or by retailers, to be used in retail stores as a part of sales promotions. They are often widely distributed through mail ...
A housing cooperative, or housing co-op, is a legal entity, usually a cooperative or a corporation, which owns real estate, consisting of one or more residential buildings; it is one type of housing tenure. Typically housing cooperatives are owned by shareholders but in some cases they can be owned by a non-profit organization. They are a distinctive form of home ownership that have many ...