Real Estate Glossary

A block in real estate refers to a contiguous group of properties or parcels of land bounded by streets or other significant physical boundaries.

A zone in real estate refers to a designated area within a city or municipality that is subject to specific land use regulations and zoning laws.

Property transactions in real estate refer to the processes and activities involved in the transfer of property ownership or leasehold rights between parties.

Parking ratio per unit in real estate refers to the number of parking spaces allocated to each unit within a property, typically expressed as a ratio.

Property profiling in real estate refers to the process of gathering and analyzing detailed information about a property to evaluate its characteristics, potential uses...

Lease rate in real estate refers to the amount of rent charged for leasing a property, typically expressed as a price per square foot per year (or per month in some markets).

Grade in real estate refers to the classification of properties, particularly commercial properties, based on their quality, location, amenities..

Occupancy in real estate refers to the proportion of rented or leased units in a property or market compared to the total available units.

In real estate, a unit refers to an individual living or commercial space within a larger property or building.

‍Inventory in real estate refers to the total number of properties available for sale or lease within a specific market at any given time.