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Net Lease

A lease where the tenant pays base rent plus some or all property expenses.

by Sukhumalin  July 11, 2025

Open House

A scheduled period when a property is available for public viewing.

by Sukhumalin  July 11, 2025

Origination Fee

A charge by a lender for processing a new loan.

by Sukhumalin  July 11, 2025

Overleveraged

When a property or investor has too much debt relative to equity or income.

by Sukhumalin  July 11, 2025

Percentage Lease

A lease where rent is based on a percentage of tenant sales plus base rent.

by Sukhumalin  July 11, 2025

Pre-Approval

A lender’s initial assessment indicating how much a borrower may qualify to borrow.

by Sukhumalin  July 11, 2025

Pre-Sold Units

Units sold before construction is completed, often to secure financing.

by Sukhumalin  July 11, 2025

Prime Rate

The interest rate banks charge their most creditworthy customers.

by Sukhumalin  July 11, 2025

Principal

The original sum borrowed in a loan, excluding interest.

by Sukhumalin  July 11, 2025

Private Mortgage Insurance (PMI)

Insurance protecting lenders if a borrower defaults, required with low down payments.

by Sukhumalin  July 11, 2025

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Discover the essential real estate terms that will elevate your game and give you the confidence to navigate the market like a pro! Dive in and explore the terms that interest you the most.

Glossary Of Real Estate Lending List

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