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Property

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 market value and agreed upon terms and conditions. This type of rent typically reflects the highest possible return on investment for the property owner. Understanding this concept is crucial for anyone involved in the finance and property sectors.

Abatement notice

The owner(s) or occupier(s) of a property may receive a notice regarding a private nuisance, informing them of the intent to enter the land and address the issue. This notic...

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Greased lease back

In the world of finance, it is important to understand the concept of disposal. This refers to the act of a freehold or leasehold owner giving up their interest in a propert...

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Asset valuation

Valuation in the property market refers to the process of determining the value of a property, whether it be land and buildings or plant and machinery. This term is commonly...

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Agreement for lease/sale

A fundamental aspect of finance is the concept of a contractual agreement for a lease or sale. In order for this agreement to be legally binding, it must be documented in wr...

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