FreeZone.SSan.com: Selling & Buying A Home/Real Estate Terms/Real Estate Terms

Real Estate Terms - C

Money spent by a business on improvements such as land, building, and machinery.

For income tax purposes, the gain realized from the sale of an asset less the purchase price and deductible expenses.

An appraisal in which value is determined by considering net operating income and a reasonable percentage return on investment.

A percentage used to determine the value of income property through capitalization.

The owner's spendable income after deducting operating expenses and debt service.

A legal phrase meaning "let the buyer beware." The buyer takes the risk when purchasing an item without the protection of warranties.