Property Management Terms
Gross Lease in Property Management: Complete Guide for Landlords
A gross lease is a rental agreement where tenants pay one fixed monthly rent amount while landlords cover most property expenses
Property Management Terms
Explore essential property management terms with clear definitions, real-world examples, and practical insights for landlords, property managers, and renters. This in-depth glossary helps you understand key rental industry terminology, from A to Z. Whether you're new to property management or a seasoned pro, use this guide to navigate industry jargon, improve communication, and manage rental properties with confidence.
Property Management Terms
Grace Periods in Property Management: The Complete Guide For Landlords
A grace period represents the specific timeframe after rent's due date when tenants can pay without facing late payment penalties or negative consequences
Property Management Terms
Foreclosure in Property Management: The Complete Guide
Each situation requires specific expertise in foreclosure law, real estate regulations, tenant protection statutes, and property disposition strategies
Property Management Terms
Floor Area Ratio (FAR) in Property Management: The Complete Guide
Floor Area Ratio is the ratio of a building's total floor area to the size of the lot it occupies; you calculate FAR by dividing your building's gross floor area by your lot area
Property Management Terms
Fair Market Rent in Property Management: The Complete Guide
HUD's Fair Market Rent calculations affect over 2.3 million American households, yet they're based on data that can be up to three years old by the time it takes effect
Property Management Terms
Fair Housing in Property Management: The Compliance Guide
The Fair Housing Act establishes federal protections for seven protected classes while also requiring specific accessibility standards for multifamily housing built after 1991
Property Management Terms
Eviction in Property Management: A Complete Guide
Eviction is the legal mechanism landlords use to terminate a tenant's right to occupy their rental property and recover possession of the premises
Property Management Terms
What Are Estoppel Certificates? Your Guide to Protecting Real Estate Transactions
Here's a shocking fact that might surprise you: a single piece of paper called an estoppel certificate can make or break a multi-million dollar commercial real estate deal
Property Management Terms
What Does Escrow Mean? | Your Property Management Guide to Proper Money Management
Whether you're holding security deposits, managing mortgage payments, or facilitating real estate transactions, escrow serves as the financial safety net that protects everyone involved
Property Management Terms
The Hidden Truth About "Real" Rental Income: What Effective Rent Actually Means
Whether you're a new landlord trying to compete in today's rental market or an experienced property owner looking to maximize returns, understanding effective rent is essential for survival
Property Management Terms
Duplex vs Townhouse: The Differences Between Them [+ Free Comparison Chart Download]
Unlike duplex apartments, townhouses usually feature individual ownership of each dwelling unit, though they can certainly function as rental properties
Property Management Terms
Duplex Property Management: The Complete Guide for Smart Landlords
Whether you're considering your first duplex investment or expanding your existing portfolio, understanding the nuances of duplex management can transform your rental income strategy