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Property

Willing seller-willing buyer

In the world of finance, we often rely on certain assumptions for valuation purposes. One of these assumptions is that the owner of a property is willing to sell their interest in it. This means that we consider the property to be available for purchase, even if there isn't actually a buyer at the time of valuation. This assumption helps us determine the true value of the property.

Load bearing

A fundamental concept in building construction is the load-bearing capacity of an element. This refers to its ability to support a weight, whether vertically or laterally, i...

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Property portfolio management

Property portfolio management refers to the management of a group of properties owned by a single entity. This involves making decisions that will benefit the overall portfo...

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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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HVAC

When discussing the infrastructure of a building, one term that often arises is HVAC, which stands for heating, ventilation, and air conditioning. This system is responsible...

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