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2. Commercial property - Wikipedia

   en.wikipedia.org/wiki/Commercial_property

   A commercial office/retail building. Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [ 1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores ...

3. Real estate - Wikipedia

   en.wikipedia.org/wiki/Real_estate

   Property law. Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. [ 1][ 2] In ...

4. Real estate development - Wikipedia

   en.wikipedia.org/wiki/Real_estate_development

   Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re- lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities ...

5. Highest and best use - Wikipedia

   en.wikipedia.org/wiki/Highest_and_best_use

   The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...

6. Real property - Wikipedia

   en.wikipedia.org/wiki/Real_property

   In English common law, real property, real estate, immovable property or, solely in the US and Canada, realty, refers to parcels of land and any associated structures which are the property of a person. In order for a structure (also called an improvement or fixture) to be considered part of the real property, it must be integrated with or ...

7. Property management - Wikipedia

   en.wikipedia.org/wiki/Property_management

   Business administration. Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition.

8. Brownfield land - Wikipedia

   en.wikipedia.org/wiki/Brownfield_land

   Brownfield is previously-developed land that has been abandoned or underutilized, [ 1] and which may carry pollution, or a risk of pollution, from industrial use. [ 2] The specific definition of brownfield land varies and is decided by policy makers and land developers within different countries. [ 3][ 4] The main difference in definitions of ...

9. Real Estate Definitions Every Seller Should Know - AOL

   www.aol.com/news/2010-09-14-terms-every-seller...

   Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...