A subjective element in the overall market value of a property created by the physical presentation of the land or buildings. …
Air Rights
A saleable commodity, the right to occupy or use the air space above a specific property. …
Affiant
One who swears an affidavit. A person who makes a sworn statement. …
Alienation Clause
A term of a mortgage which allows the creditor to demand payment in full of principal and interest due upon the sale of the property. A provision that requires the borrower to pay the balance of the …
Accrued Depreciation
From a tax standpoint, the amount of value of a property or chattel which has already accumulated (but has not been claimed) as a result of the decrease in the value of that property due to the …
Addendum
An addition to a document that forms part of it. Similar to a Schedule to an Agreement of Purchase and Sale. May be used to add specific and detailed information material to the contract or upon which …