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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.

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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Patwari

A knowledgeable professor teaching finance related terms might explain that in the realm of land ownership, there is a designated individual who is responsible for managing ...

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Yield up

When a tenant vacates a property at the end of their lease, they are relinquishing possession. This means they are giving up their right to occupy the space and are returnin...

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Vaastu shastra

In the world of real estate, there exists a unique and holistic approach to designing and developing properties. This method, rooted in traditional Indian architecture and d...

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