Commercial and Residential Are Terms Used to Describe ________________________

A store strategically located in a retail property in order to enhance bring attention to or increase traffic at the property. Commercial construction is used by businesses and involves projects such as the building of offices industrial facilities and other business establishments.

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Included are the various stages of the development process and types of development and redevelopment projects.

. Sometimes called a destination tenant usually these tenants lease at least 25000 SF. Kilowatt-hour Meter A device used to measure electrical energy use. Mixed-use properties can have a combination of commercial and residential uses.

Residential heads operate substantially quicker to allow for rescue or safe exiting by an occupant and are most commonly wet pipe. Equal to 1000 Watt-hours. Create a map similar to that for Washington Square West showing the sub-areas of your neighborhood.

Some neighborhoods may have a consistent character throughout the entire neighborhood. Upon sale the amount a person pays in capital gains is. The residential heads have a heat sensitive element that uses thinner materials and are only installed in parts of the residence whereas commercial heads are located in every square foot of the building.

For example if a 100W light bulb is used for 4 hours 04 kWhs of energy will be used 100W x 1kW 1000 Watts x 4 hours. Non-depository Institutions In contrast accept cash contributions from their customers but the cash inflows are not called deposits Instead theyre called shares or. General real estate words are adjectives that can be used to describe the property itself or the features of the property.

A gross lease is the type of lease that most residential investors use but is also used in some commercial lease applications. Growth management laws enacted by state governmentsb. Electrical energy is sold in units of kWh.

A kip is simply 1000 pounds. Joist - Joist is one of the more commonly used construction terms referring to a load-carrying member with a web system used to support floors and roofs - two of the most common elements of any building. These classifications are standard terms used to describe a type of commercial real estate.

While residential architecture aims at satisfying family needs such as shelter and self-expression a commercial architectural design is more complex. 16 Real Estate Words for General Use. Commercial Real Estate Terms and Definitions.

Under the terms of a gross lease tenants pay rent and perhaps their own utilities but the landlord is responsible for property taxes insurance and building maintenance. In the investment field the term commercial is used to refer to commercial trading or. Kip - Some words in construction engineering simplify normal every day language.

Blemished or otherwise compromised paint film usually caused by. The ratio of available space to total. Keep in mind that you should use these descriptive real estate keywords sparingly so you dont overwhelm the property description with broad or blanket statements.

Describing residential and commercial areas Exercise 4. The most obvious difference between commercial and residential construction projects is that one has a larger scope and difficulty. Kilowatt kW Equal to 1000 watts.

While similar these two industries have many differences from types of materials used to cost variations. For residential real estate youll want to specify whether the property type is single-family a duplex a multifamily or land zoned for residential development. More often the terms floor and cap are used to describe these limits.

In this case the small business would have to have numerous customers visiting the property in order to have this land use definition. Describes paint and its ability to resist dents scratches and marring. Residential construction on the other hand will be in places where people live such as in apartment houses and other homes.

Commercial designs aim at integrating the building into the community and. Real Estate Principles 3rd Edition Edit edition Solutions for Chapter 4 Problem 8TP. Typically this term is used to describe any part of a building that is above ground with the parts of the building below ground conversely referred to as the substructure.

For example if a residential property has a small business on the premises then it would be defined as mixed-use. Improvement of transportation systems. Define and Describe the Residential Sub-Areas of Your Neighborhood.

New urbanism is a term used to describea. When the paint film has the roughness of an orange because of poor roller or spray application. The design approach of residential construction and interiors is completely different from that adopted for commercial needs.

A phrase that is used to define the upper and lower limits established on an adjustable rate mortgage. Depository Institutions are required to accept deposits and make loans although the general terms used to describe these financial products may vary across the various types of institutions. Here are the main differences between residential and commercial construction.

A primary draw for a shopping center. 2 Commercial Real Estate Terms and Definitions Development Terminology This section contains a collection of terms and concepts most commonly used in the commercial development of land and buildings. Commercial relates to commerce or general business activity.

The total cost of a property including hard and soft costs less any depreciation.

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