REAL ESTATE WORD OF THE DAY....

By LISA BELL

Real Estate Agent with Better Homes Realty

January 13, 2009 11:35 AM

Each day I will post a real estate term that many might not be familiar with. Check back every day to learn the new word of the day!!

WORD OF THE DAY...

ZONING

Procedure that classifies real property for a number of different uses: residential, commercial, industrial, etc. in accordance with a land-use plan.

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LISA BELL

Better Homes Realty - Old Bridge, NJ

01/14/2009

WORD OF THE DAY

YIELD

What an investment or property will return; the profit or income.

Jan 13, 2009 11:01 PM

LISA BELL

Better Homes Realty - Old Bridge, NJ

Word of the day

WRITE OFF

Depreciation or amortization an owner takes on a commercial property.

Jan 14, 2009 11:09 PM

Rainer
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