Hi everyone,
I was working through some paperwork and wondered where I could find a glossary/dictionary on all the definitions used in Property Investing. I’m even wondering if collectively we couldn’t raise a string of definitions that could be posted onto this site that could assist everyone.
eg: Rent – 1. Payment, usually of an amount fixed by contract, made by a tenant at specified intervals in return for the right to occupy or use the property of another.
2. A similar payment made for the use of a facility, equipment, or service provided by another.
3. The return derived from cultivated or improved land after deduction of all production costs.
Regards and thanks