Real Estate Glossary

There are 4 entries in this glossary.

Term	Main definition
Open Space	The total area of land and/or water not improved by a building, structure, street, road or parking area, or containing only, such improvements as are complementary, necessary or appropriate to the use and enjoyment of the open area. Hits - 2981
Operating Cost Escalation	Refers to the clause in a lease agreement used to adjust rents over the term of a lease. Hits - 2222
Operating Expenses	The actual cost of operating income-producing property, including utilities and similar day-to-day expensed, taxes, insurance and reserves for the replacement of items that wear out. Hits - 3165
Ownership	Rights to the use, enjoyment and alienation of property to the exclusion of others. Hits - 2904

EBMC 47 Kearny Street
San Francisco, CA 94108
Map

Phone: 415-981-5780
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
California DRE #01183885

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