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Property

User

Property utilization refers to the utilization of a property or the right over it. This includes the enjoyment or use of such property for personal or commercial purposes. For instance, renting a house for residential use or leasing a land for agricultural activities. It is an important concept in finance as it determines the value and profitability of a property. A thorough understanding of property utilization can aid in making informed financial decisions and maximizing profits.

Refurbishment

When it comes to the enhancement and advancement of a structure, it is important to note the distinction between rebuilding or redevelopment and making improvements. In most...

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Rentable area

In the realm of finance, there exists a concept known as "rentable space". This refers to the designated area for which rent is determined, even if the tenant has lawful acc...

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Premium rent

As a knowledgeable professor of finance, let me introduce you to the concept of 'rack rent'. This refers to a rent that is above the current market rate for a property. In c...

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Joint sole agent

In the world of finance, there exists a term known as "joint agent." This refers to a situation where two or more agents are collectively appointed to represent a principal....

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