Feb 23 , 2016

Tampa School of Real Estate

Group License

Definition:   a right granted a sales associate or broker associate to work various properties owned by affiliated entities under one owner develop...

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Feb 23 , 2016

Tampa School of Real Estate

Ground Lease

Definition:    A lease of land alone, sometimes secured by improvements placed on the land. Pronunciation:   \ˈgrau̇nd\ \ˈlēs\ Used in a Sentence: ...

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Feb 23 , 2016

Tampa School of Real Estate

Gross Rent Multiplier

Definition:   A rule of thumb for estimating the market value of income-producing residential property. Pronunciation:   \ˈgrōs\ \ˈrent\\ˈməl-tə-ˌp...

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Feb 23 , 2016

Tampa School of Real Estate

Gross Lease

Definition:  A lease of property in which the lessee pays a fixed rent and the lessor pays all of the expenses associated with the property. Pronun...

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Feb 23 , 2016

Tampa School of Real Estate

Gross Income Multiplier

Definition:  a rule of thumb for estimating the market value of commercial and industrial properties,  the ratio to convert annual income into mark...

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Feb 23 , 2016

Tampa School of Real Estate

Green Belt Law

Definition:  legislation that authorizes county property appraisers to assess land used for agricultural purposes according to its current value as...

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