Real Estate Terms - D
DemographicsStatistics about a population. Data used by certain businesses (especially chain stores), such as the traffic count regarding a possible new location. |
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DensityThe amount of crowding together of buildings, people, or other given things. |
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DepletionThe reduction or loss in value of an asset. |
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Deposit ReceiptThe form used to accept an earnest money deposit to secure the offer for the purchase o real property. |
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Depreciation(1) For appraisal purpose, a loss of value of an asset brought about by age (positive deterioration) or functional and economic obsolescence. (2) For tax purposes, a percentage reduction of property value year by year. |
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DepressionThat part of a business cycle where unemployment is high and production and overall purchasing by the public is low. A severe recession. |
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DiluviumA deposit of land left by a flood. |
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Diminishing ReturnsAn economic condition in which an increase in capital or personnel does not increase production proportionately. (For example, whereas two laborers may do more than twice the work of one laborer, four laborers may do less than four times the work of one laborer.) The return diminishes when production is proportionately less than input. |
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