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Property

Equity linked mortgage

A mortgage is a financial agreement in which the borrower pledges their property as collateral in exchange for a loan from the lender. In such a mortgage, the interest on the principal can be calculated annually based on the value of the property. This means that the interest rate may fluctuate depending on the annual return or value of the property. This type of mortgage is commonly referred to as a variable rate mortgage.

Sub Leasing

Subleasing is a legal arrangement where the original tenant of a property is allowed to rent out a portion or the entire property to another tenant. This right is usually sp...

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Value

There is a concept in finance called "fair market value." It refers to the estimated price that a property or asset could potentially sell for if it were to be sold at the r...

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Bayana

In the world of finance, there is a term commonly used in India to describe a practice known as "pagdi". This refers to a small amount of money given to a landlord as a gest...

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Rack-rent

is known as a rack rent. A term commonly used in the real estate industry, rack rent refers to the maximum rent that can be charged for a property based on its current marke...

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