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Property

Turnover rent

One term frequently used in the finance world is "percentage rent," which refers to a type of rent that is calculated based on a percentage of the lessee's annual business turnover. This type of rent typically has a base amount that it cannot fall below. While it is commonly used in the United States, it has also gained popularity in Europe and mature Asian markets, particularly for retail locations with high profitability.

Mortgage

A mortgage is a financial arrangement where a borrower pledges their freehold or leasehold property as collateral for a loan. This allows the lender, also known as the mortg...

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Suspended ceiling

As a knowledgeable professor in finance, it is essential to understand the concept of a ceiling in the realm of building structures. A ceiling is a non-structural element th...

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Warehouse

A professor of finance would define warehouses as structures specifically constructed for the purpose of storing large quantities of raw materials or finished goods. These g...

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Site Plans

A property plat is a diagram that illustrates the boundaries and physical dimensions of a specific parcel of land on a flat surface. This visual representation may also feat...

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