Glossary of Real Estate Terms

GLOSSARY OF REAL ESTATE TERMS Terms marked * are from The Dictionary of Real Estate Appraisal, Fifth Edition, 2010, Appraisal Institute.  Others are as stated, or if not stated; they are by James Real Estate Services, Inc.  Not all terms are used in all assignments. Actual Age* The number of years that have elapsed since construction of an improvement was […]

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