What does CA mean in commercial real estate?

Cash on Cash Return is the property’s annual net cash flow before tax, divided by your net investment, expressed as a percentage. The calculation determines the cash income on the cash invested. Calculated as: Cash On Cash Return = Annual Dollar Income / Total Dollar Investment.

What does CA mean in real estate?

RPA (Residential Purchase Agreement)

This is a standardized form from the CAR (CA Association of REALTORS) that contains the purchase price, information, and names of both parties on multiple pages.

What is CAD in commercial real estate?

CAD stands for Computer Aided Design. In the context of commercial real estate, CAD files are essentially digital blueprints/drawings/schematics that allow architects to more easily manipulate and design buildings/spaces.

What is meant by core area in real estate?

Core Area The common area plus vertical penetrations in an office building measured in square feet. Core area is typically expressed as a percentage of net rentable area.

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What does landlord pay in triple net lease?

With a Triple Net Lease—sometimes referred to as “NNN”—the tenant assumes responsibility for all costs of the property, in addition to paying the rent. The tenant pays the utilities, real estate taxes, building insurance, and maintenance.

What is CAC on a listing?

CAC: In real estate listings, CAC stands for “central air conditioning,” which means that the listed property has a whole-home air-cooling system.

What does C A mean?

abbreviation for current account. (Definition of C/A from the Cambridge Business English Dictionary © Cambridge University Press)

What is Br and Ba in real estate?

Ba – bathroom. Br – bedroom. CAC – central air conditioning. Ch – central heat.

What does DOS mean in real estate?

DOS: due on sale clause. DOT: deed of trust. DTI: debt-to-income ratio. EMC: earnest money contract. FHA: Federal Housing Administration.

What does AFV mean in real estate?

AFV- Alternative Fuels Vehicle. AQMD- Air Quality Management District (SCAQMD) CA – Department of Consumer Affairs.

How do you read commercial real estate?

Commercial real estate (CRE) is property that is used exclusively for business-related purposes or to provide a workspace rather than as a living space, which would instead constitute residential real estate. Most often, commercial real estate is leased to tenants to conduct income-generating activities.

How are commercial lease spaces measured?

To measure commercial square footage for a rectangular space, multiply the length of the room in feet by its width. For example, a room that is 12 feet long by 12 feet wide is 144 square feet.

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What is R factor in real estate?

A way to measure the insulating value orresistance to heat flow through a material or anobject. The more effective the insulation, thehigher the R-Value it will have.

Who pays for a new roof in a triple net lease?

As the triple net property owner (unless otherwise specified in the NNN lease), you’ll generally be responsible for maintaining and repairing these 3 main aspects of your building: Roof (repairs, maintenance, upgrades) Exterior Walls. Utility Repairs and Upkeep (for major things such as plumbing and electricity)

Who pays utilities in NNN lease?

In a triple net lease (also referred to as a “NNN” lease), the tenant pays all expenses associated with the property. This includes real estate taxes, building insurance, maintenance (including structural repairs), rent, and utilities.

Who pays for insurance in a triple net lease?

If a property owner leases out a building to a business using a triple net lease, the tenant is responsible for paying the building’s property taxes, building insurance, and the cost of any maintenance or repairs the building may require for the term of the lease.