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Property

Rental advance

An important term in the world of finance is the advance rent payment, also known as a lump sum payment, made by a tenant to the landlord at the start of a lease. This amount is then spread out over the lease term, offsetting the monthly rental payments. The advance rent can vary from 3 to 18 months, depending on factors such as the city, type and location of the property, and the duration of the lease. This is a crucial consideration for both landlords and tenants when negotiating a lease agreement.

Improvements

In the world of finance, we often come across the term "capital improvements". These refer to physical changes made to land or buildings that increase their value. This coul...

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Land assembly

As an experienced finance professional, it is crucial to understand the concept of consolidation of land. This involves the merging of multiple parcels of land for potential...

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Kiosk

Kiosks, often found in public areas or shopping centers, are compact retail spaces that typically do not have restroom access. These outlets are designed to cater to peak pe...

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Green field site

A parcel of land, typically situated on the outskirts of a municipality or in a less developed area, that has previously remained untouched but is now being considered for d...

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