|
Glossary of Real Estate Terms
This Glossary has
been provided as a courtesy to assist you in
gathering information relative to real estate.
|
|
A
|
B
|
C
|
D
|
E
|
F
|
G
|
H
|
I
|
J
|
K
|
L
|
M
|
N
|
O
|
P
|
Q
|
R
|
S
|
T
|
U
|
V
|
W
|
X
|
Y
|
Z
|
|
H |
|
Hard Cost:
The cost of actually constructing the
improvements (i.e. construction costs). |
|
Highest and Best Use:
The use of land or buildings which will bring
the greatest economic return over a given time
which is physically possible, appropriately
supported, financially feasible. |
|
High Rise:
In the Central Business District, this could
mean a building higher than 25 stories above
ground level but in suburban sub-markets, it
generally refers to buildings higher than 7 or 8
stories. |
|
Hold Over Tenant:
A tenant retaining possession of the leased
premises after the expiration of a lease. |
|
HVAC:
The acronym for “Heating, Ventilating and
Air-Conditioning”. |
|
|