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Property

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 mortgagee, to have rights to recover the property in case the borrower, or mortgagor, fails to repay the loan. Essentially, a mortgage serves as a land charge and can take on either a legal or equitable form.

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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Net present value method (NPV)

One important technique in financial analysis is the discounted cash flow method. This involves calculating the net present value of a project by taking into account all the...

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Tenant's improvements

When a tenant makes improvements to a property to fulfill their specific needs, it is known as tenant improvements. These improvements can be made entirely or partially at th...

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Internal rate of return (IRR)

As a knowledgeable professor of finance, I would like to introduce you to a crucial concept in financial analysis known as the discounted cash flow rate of return. This refe...

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