Amenities
Extra features or facilities offered with a property, enhancing its value or appeal.
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Annual Percentage Rate (APR)
The total yearly cost of borrowing expressed as a percentage, including interest and fees.
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Appreciation
The increase in a property’s value over time.
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As-Is Condition
Selling a property in its existing state, without repairs or warranties.
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Assessed Value
The value assigned to a property by a government for taxation purposes.
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Assignment of Lease
Transferring a lease agreement from one tenant to another.
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Assumable Mortgage
A mortgage that can be transferred to a new owner who takes over the payments.
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Backup Offer
A secondary offer that becomes active if the primary offer falls through.
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Base Building
The structural core of a building, ready for tenant-specific interior work.
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Basis Point
A unit equal to 1/100th of a percentage point, used in interest rates.
by Sukhumalin July 11, 2025
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