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Single-family attached (small multi-family) Duplex, semi-detached, double-decker, or two-family. Triplex, triple-decker or three-family. Quadplex, quadruple, or four-family. Townhouse or terraced house.
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 ...
Industrial park. An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more heavyweight version of a business park or office park, which has offices and light industry, rather than heavy industry.
The commercial real estate market is still reeling from the aftermath of the pandemic—and 2023 was a particularly bad year for the sector. ... many companies shed office footprint, opting for ...
Common area. A common area is, in real estate or real property law, the "area which is available for use by more than one person..." [ 1] The common areas are those that are available for common use by all tenants, (or) groups of tenants and their invitees. [ 2][ 3] In Texas and other parts of the United States, it is "An area inside a housing ...
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 ...
A carport is a covered structure used to offer limited protection to vehicles, primarily cars, from rain and snow. The structure can either be free standing or attached to a wall. Unlike most structures, a carport does not have four walls, and usually has one or two. Carports offer less protection than garages but allow for more ventilation.
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 ...
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