Partial Lien Waiver: A document executed by a contractor or subcontractor notifying not only the party making payment to the contractor or subcontractor but also to the property owner, bank,…
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Land Lease: See “Ground Lease.” Landlord Approval | Landlord Consent: A situation in which a tenant must get the permission of landlord before proceeding with its course of action. Generally, situations…
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Dark Shell: See “Cold Shell.” Deed in Lieu of Foreclosure: A deed by which a borrower voluntarily gives title to real property to the bank (i.e. the mortgagee) in exchange for the…
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Abatement: The reduction or elimination of a portion of rent during the lease term. Commonly referred to as “free rent,” “rent abatement” or a “rent concession.” An abatement may be…
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To access this content, you must purchase a 1-Year Subscription or 2-Year Subscription, or log in if you are a member.
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To access this content, you must purchase a 1-Year Subscription or 2-Year Subscription, or log in if you are a member.
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To access this content, you must purchase a 1-Year Subscription or 2-Year Subscription, or log in if you are a member.
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To access this content, you must purchase a 1-Year Subscription or 2-Year Subscription, or log in if you are a member.
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