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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.

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 inter...

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Qualified Covenant

A legal document may include a restriction that restricts the rights of a person with an interest in the land. However, there is a possibility to remove this limitation if b...

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Penal rent

Rent default is a grave matter that can result in severe financial consequences for tenants. In such cases, the landlord may impose a penalty known as "liquidated damages," w...

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Written-down value

Depreciation is a crucial concept in finance that refers to the reduction in value of an asset over time. It is calculated by deducting the annual or periodic depreciation a...

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