Special-Purpose Property: Hotels, resorts, nursing homes, theaters, schools, places of worship and other organizations whose specialized needs dictate the design and operation of the property.

 

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Special-Purpose Property: Hotels, resorts, nursing homes, theaters, schools, places of worship and other organizations whose specialized needs dictate the design and operation of the property.

Property Tax: Local tax assessed on property owned, such as real estate or automobiles.

Property Taxes: Assessment made by county or city assessors office for real property taxes. Payment dates may vary according to state regulation.

Property, Plant And Equipment (PP and E): Assets used in the operations of a business that have a useful life greater than one year, including land, buildings, machinery, equipment, and furniture. Also known as fixed assets. See als . . . View Full Definition

Real Property Securities Dealer: A real property securities dealer is a broker who sells an existing trust deed and guarantees a return on it.

Real Property: Real property is what's more commonly known as real estate, or realty. A piece of real property includes the actual land as well as any buildings or other structures built on the land, the p . . . View Full Definition

Property Survey: A survey to determine the boundaries of your property. The cost depends on the complexity of the survey.

Property Reports: The mandatory federal and state documents compiled by subdividers and developers to provide potential purchasers with facts about a property prior to their purchase.

Property Manager: Someone who manages real estate for another person for compensation. Duties include collecting rents, maintaining the property and keeping up all accounting.

Property Management: That aspect of the real estate industry devoted to marketing, leasing, managing, and the maintenance of the property of others.