{"id":10907,"date":"2012-12-10T18:14:18","date_gmt":"2012-12-10T12:44:18","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?page_id=10907"},"modified":"2013-07-17T16:49:52","modified_gmt":"2013-07-17T11:19:52","slug":"glossary-a","status":"publish","type":"page","link":"https:\/\/www.bharatestates.com\/blog\/glossary-a\/","title":{"rendered":"Glossary-A"},"content":{"rendered":"<blockquote><p>Acre<\/p><\/blockquote>\n<ul>\n<li>Unit of measurement of land<\/li>\n<\/ul>\n<blockquote><p>Accelerated Depreciation<\/p><\/blockquote>\n<ul>\n<li>An accounting method which depreciates the value of the property much faster than the other methods taking into consideration its ownership<\/li>\n<\/ul>\n<blockquote><p>Acceptance<\/p><\/blockquote>\n<ul>\n<li>Consent by the person receiving the offer to be bound by the terms and conditions of the person making the offer<\/li>\n<\/ul>\n<blockquote><p>Adjusted Cost Basis<\/p><\/blockquote>\n<ul>\n<li>The cost incurred by a seller in making changes or enhancements to the property<\/li>\n<\/ul>\n<blockquote><p>Administrator<\/p><\/blockquote>\n<ul>\n<li>An individual who is in charge of supervising a property which is devoid of legal succession; usually appointed by a probate court<\/li>\n<\/ul>\n<blockquote><p>Allotee<\/p><\/blockquote>\n<ul>\n<li>The person who is officially allotted a property, either by a regulatory body or by a developer<\/li>\n<\/ul>\n<blockquote><p>Agreement<\/p><\/blockquote>\n<ul>\n<li>A formal written contract with terms and conditions which authorizes the sale\/purchase\/lease of a property and that which acts as a legal proof in case of disputes<\/li>\n<\/ul>\n<blockquote><p>Anchor Tenant<\/p><\/blockquote>\n<ul>\n<li>A retail chain store \u00a0which is housed in commercial spaces like malls or business centres<\/li>\n<\/ul>\n<blockquote><p>Amenity<\/p><\/blockquote>\n<ul>\n<li>Value added facilities like gym, club house and other services which enhance the property&#8217;s surroundings<\/li>\n<\/ul>\n<blockquote><p>Amortize<\/p><\/blockquote>\n<ul>\n<li>The repayment of loan in installments comprised of the principal and interest amount<\/li>\n<\/ul>\n<blockquote><p>Apartment<\/p><\/blockquote>\n<ul>\n<li>A type of property intended for any type of independent use, especially for residing<\/li>\n<\/ul>\n<blockquote><p>Appraisal<\/p><\/blockquote>\n<ul>\n<li>A written report of the estimated value of a property certified by an authorized Real Estate valuer<\/li>\n<\/ul>\n<blockquote><p>Appreciation<\/p><\/blockquote>\n<ul>\n<li>An increase in the value of a property due to changing market condition observed over a period of time<\/li>\n<\/ul>\n<blockquote><p>Architect<\/p><\/blockquote>\n<ul>\n<li>An expert who designs and builds structures with different architectural layouts<\/li>\n<\/ul>\n<blockquote><p>Asbestos<\/p><\/blockquote>\n<ul>\n<li>A fireproof material usually fixed on the roof of a house<\/li>\n<\/ul>\n<blockquote><p>Assessed Valuation<\/p><\/blockquote>\n<ul>\n<li>The value determined by the authority for the purpose fixing the tax value<\/li>\n<\/ul>\n<blockquote><p>Assignment<\/p><\/blockquote>\n<ul>\n<li>The transfer of a loan from one individual to another<\/li>\n<\/ul>\n<blockquote><p>Assignor<\/p><\/blockquote>\n<ul>\n<li>An individual who transfers his property ownership to another individual<\/li>\n<\/ul>\n<blockquote><p>Asset<\/p><\/blockquote>\n<ul>\n<li>A intangible or tangible possession which has a monetary value and is a source of \u00a0income to the holder<\/li>\n<\/ul>\n<blockquote><p>Auction<\/p><\/blockquote>\n<ul>\n<li>A public sale wherein a property is sold to the highest bidder in terms of money<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Acre Unit of measurement of land Accelerated Depreciation An accounting method which depreciates the value of the property much faster than the other methods taking into consideration its ownership Acceptance Consent by the person receiving the offer to be bound by the terms and conditions of the person making the offer Adjusted Cost Basis The [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"glossary.php","meta":{"footnotes":""},"class_list":["post-10907","page","type-page","status-publish","hentry"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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